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hi is there somebody that is using trade station ?
if yes then please i need help for pivots in trade station .
intraday pivots that are created with the first bar of the day .
thanxuhehs@xxxxxxxx wrote:
I’m interested to hear opinions for/against using one of these over the other.
I do know that Classic pivot points, below, are what floor traders are looking at, so why even consider the ATR Pivots?
{Classic Pivots}
Pivot:=(Ref(H,-1)+Ref(L,-1)+Ref(C,-1))/3;
r2:=pivot+(Ref(H,-1)-Ref(L,-1));
r1:=(pivot*2)-Ref(L,-1);
s1:=(pivot*2)-Ref(H,-1);
s2:=pivot-(r1-s1);
r2;
r1;
pivot;
s1;
s2;
{ATR Pivots}
periods:=Input("ATR Periods?",1,100,10);
TH:=If(Ref(C,-1) > H,Ref(C,-1),H);
TL:=If(Ref(C,-1) < L,Ref(C,-1),L);
TR:=TH-TL;
R#1:=C+Mov(TR,periods,S);
S#1:=C-Mov(TR,periods,S);
Ref(R#1,-1);Ref(S#1,-1);
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