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RE: [Metastockusers] Re: Pivot Points & MetaStock 8.0 Pro



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<font
size=3 color=black face=Arial>Here&#8217;s something I got from Henry, on the Board,
regarding Pivots&#8230;&#8230;&#8230;&#8230;..maybe it will help you also.

<font
size=3 color=black face=Arial> 

<font
size=3 color=black face=Arial> 

<font
size=3 color=black face=Arial>TF:=Input("1=hour 2=day 3=week 4=month 5=year
",1,5,4);

<font
size=3 color=black face=Arial>NW:=If(TF=1,ROC(Minute(),1,$)<0,If(TF=2,ROC(Hour(),1,$)<0,
If(TF=3,ROC(DayOfWeek(),1,$)<0,If(TF=4,ROC(DayOfMonth(),1,$)<0,ROC(Month(),1,$)<0))));<font
color=black>

<font
size=3 color=black face=Arial>A1:=Cum(1);<span
>

<font
size=3 color=black face=Arial>A2:=LastValue(A1-BarsSince(NW>0));<font
color=black>

<font
size=3 color=black face=Arial>WH:=ValueWhen(1,Nw,Ref(HighestSince(1,Nw,H),-1));<font
color=black>

<font
size=3 color=black face=Arial>WL:=ValueWhen(1,Nw,Ref(LowestSince(1,Nw,L),-1));<font
color=black>

<font
size=3 color=black face=Arial>WCL:=ValueWhen(1,Nw,Ref(C,-1));<font
color=black>

<font
size=3 color=black face=Arial>BP:=LastValue((WH+WL+WCL)/3);<font
color=black>

<font
size=3 color=black face=Arial>R#2:=
If(A1<A2,BarsSince(A1>=A2),LastValue(((WH+WL+WCL)/3) -
(2*((WH+WL+WCL)/3)-WH) +(2*((WH+WL+WCL)/3)-WL)));<font
color=black>

<font
size=3 color=black face=Arial>R#1:=
If(A1<A2,BarsSince(A1>=A2),LastValue(2*((WH+WL+WCL)/3)-WL));<font
color=black>

<font
size=3 color=black face=Arial>PP:=If(A1<A2,BarsSince(A1>=A2),LastValue((WH+WL+WCL)/3));<font
color=black>

<font
size=3 color=black face=Arial>S#1:=
If(A1<A2,BarsSince(A1>=A2),LastValue(2*((WH+WL+WCL)/3)-WH));<font
color=black>

<font
size=3 color=black face=Arial>S#2:= If(A1<A2,BarsSince(A1>=A2),LastValue(((WH+WL+WCL)/3)-(((2*((WH+WL+WCL)/3)
- WL)-(2*((WH+WL+WCL)/3)-WH)))));<span
>

<font
size=3 color=black face=Arial>R#2;<span
>

<font
size=3 color=black face=Arial>R#1;<span
>

<font
size=3 color=black face=Arial>PP;<span
>

<font
size=3 color=black face=Arial>S#1;<span
>

<font
size=3 color=black face=Arial>S#2;<span
>

<span
> 

<span
> 

-----Original Message-----
From: Dusan D
[mailto:dusand@xxxxxxxxx]
Sent: Tuesday, June 10, 2003 9:21
AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] Re:
Pivot Points & MetaStock 8.0 Pro

 

<span
>Hi, Kevin!<font
size=2 color=black face="Courier New">

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@xxxx>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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> >>
> >>
> >>
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