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[EquisMetaStock Group] Re: Pivot Points



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John, first check that the "Calendar Day counter" indicator is plotting 
correctly.  This indicator plots a calendar day count, and looks like an 
ascending staircase plot in its own window.  No need to display this 
indicator again if it is working correctly.


> There is an input screen that states Parameters value must less than
> 0.  Default value is 0

{ Message }
message:=Input("(Plot on intraday charts)",0,0,0);

This is a pseudo user input, used only as a remainder message in 
the "Pivots - intraday" indicator.  Make sure that you have sufficient 
*intraday* data - at least two or three day's worth.  Plot the "Pivots - 
intraday" indicator on your intraday price chart.


jose '-)
http://metastocktools.com/MACDH/Forex.htm




--- In equismetastock@xxxxxxxxxxxxxxx, "John Roberts" <jcr@xxxx> 
wrote:
> 
> Jose
> 
> Thanks for that - It appears that this is exactly what I am looking for
> But I can't get the indicator to work
> 
> I have created a new custom indicator 'Calendar Day counter' as
> appeares to be required .
> 
> There is an input screen that states Parameters value must less than
> 0.  Default value is 0
> 
> Not sure what this means - have attached a couple of screen shots
> 
> If I leave the value at 0 , there are no suport or resistance lines on the
> screen> 
> If the input box is plus   1 or minus 1 an  error message occurs
> 
> Would appreciate your help
> 
> Thanks
> 
> John Roberts.
> 
> 
> 
> -----Original Message-----
> From: equismetastock@xxxxxxxxxxxxxxx
> [mailto:equismetastock@xxxxxxxxxxxxxxx]On Behalf Of Jose Silva
> Sent: Thursday, 28 July 2005 8:19 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Pivot Points
> 
> 
> John, take a look at the MetaStock indicator set for Intraday Pivot
> levels found here:
> http://metastocktools.com/MACDH/Forex.htm
> 
> 
> jose '-)
> 
> 
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, "John Roberts" <jcr@xxxx>
> wrote:
>
> Hi
>
> Does any one have a Pivot Point indicator that can place the daily
> support and resistance lines any  intraday chart
>
> I have MetaStock Pro v9
>
> The intermediate support and resistance lines are ok too. – even
> preferred eg R 1.5
>
> Formulas used:Pivot point (High + Low + Close) /3
> First resistance level R1 = (2 * pp) - L
> First support level S1 = (2 * pp) - H
> Second resistance level R2 = pp + (R1 - S1)
> Second support level S2 = pp - (R1 - S1)
> Third resistance level R3=High+(Pivot-Low)
> Third support level S3=Low - 2*(High-Low)
>
> Where H, L, C are the previous day's high, low and close, respectively
>
> Thanks in advance
>
> John Roberts.







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