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Hi, Kevin!
I know this formula but how to use it so I can see daily pivot points
on 3 minute chart?
Dusan
--- In Metastockusers@xxxxxxxxxxxxxxx, Kevin <kevin_barry@xxxx> wrote:
> Hello,
>
> Be aware that the Pivot Points formula on this page is incorrect.
As
> written, it effectively displaces the plot by a day.
>
> The pivot, S1, R1, etc. are calculated from the PREVIOUS day's
price bar
> therefore, in order to plot it on a Metastock chart, the formula
should be
> more like this:
>
> pivot::=Ref((H+L+C)/3,-1);
>
> r1:=pivot*2-ref(L,-1);
>
> s1:=pivot*2-ref(H,-1); etc.....
>
> Regards,
> Kevin
>
> At 20:48 09/06/2003 +0200, you wrote:
> >Hi,
> >
> ><http://trader.online.pl/MSZ/e-0-tytulowa-
p.html>http://trader.online.pl/MS
> >Z/e-0-tytulowa-p.html
> >Mihail
> >>----- Original Message -----
> >>From: <mailto:dusand@x...>Dusan D
> >>To:
<mailto:Metastockusers@xxxxxxxxxxxxxxx>Metastockusers@xxxxxxxxxxxxxxx
> >>Sent: Monday, June 09, 2003 7:08 PM
> >>Subject: [Metastockusers] Pivot Points & MetaStock 8.0 Pro
> >>
> >>Can somebody help me how to setup conventional daily pivot points
in
> >>Metastock? I tried to apply them from formula list however I don't
> >>see any lines or anything in price window.
> >>
> >>
> >>
> >>Thanks.
> >>
> >>DD
> >>
> >>
> >>
> >>
> >>
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