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For pivots based on hourly intervals (instead of daily), first get the
original intraday pivots code from:
http://www.metastocktools.com/MACDH/Forex.htm
Then change:
{ Day's true start }
dCount:=Fml("Calendar Day counter");
dStart:=dCount>ValueWhen(2,1,dCount);
To:
{ Hour's start }
dStart:=Hour()<>Ref(Hour(),-1);
Please do not change/remove the ©Copyright header in the formula.
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, dr torque <drtorque@xxxx>
wrote:
>
> ok then i will change it to jose. then i got wrong information. and
> he also learned the source now i guess.
>
> jse what do you think? these pivots donot diappear like others, so
> is it possible to make these hourly instead of daily?
>
>
> On 12/2/05, Roy Larsen <rlarsen@xxxx> wrote:
>
> That code is Jose Silva's I think.
>
> ----- Original Message ----- *From:* dr torque <drtorque@xxxx>
> *To:* equismetastock@xxxxxxxxxxxxxxx
> *Sent:* Saturday, December 03, 2005 6:17 AM
> *Subject:* [Norton AntiSpam] Re: [EquisMetaStock Group] roy's pivots
>
>
> Oh sorry about that.
> here's the code:
>
>
>
> { Message }
> message:=Input("(Plot on intraday charts)",0,0,0);
>
> { Day's true start }
> dCount:=Fml("Calendar Day counter");
> dStart:=dCount>ValueWhen(2,1,dCount);
>
> { Previous Day's High }
> Hd:=HighestSince(1,dStart,H);
> Hd:=ValueWhen(1,dStart,ValueWhen(2,1,Hd));
> Hd:=ValueWhen(1,Hd>0,Hd);
>
> { Previous Day's Low }
> Ld:=LowestSince(1,dStart,L);
> Ld:=ValueWhen(1,dStart,ValueWhen(2,1,Ld));
> Ld:=ValueWhen(1,Ld>0,Ld);
>
> { Previous Day's Close }
> Cd:=ValueWhen(1,dStart,ValueWhen(2,1,C));
> Cd:=ValueWhen(1,Cd>0,Cd);
>
> { Pivot }
> Pivot:=(Hd+Ld+Cd)/3; {Plot in Green bold}
>
> { Support }
> S1:=2*Pivot-Hd; {Blue}
> S2:=Pivot-(Hd-Ld); {Red}
> S3:=2*Pivot-(2*Hd-Ld); {dark Green}
>
> { Resistance }
> R1:=2*Pivot-Ld; {Blue}
> R2:=Pivot+(Hd-Ld); {Red}
> R3:=2*Pivot+(Hd-2*Ld); {dark Green}
>
> {All mid-pivot levels light Grey}
> M0:=(S2+S3)/2;
> M1:=(S1+S2)/2;
> M2:=(Pivot+S1)/2;
> M3:=(R1+Pivot)/2;
> M4:=(R2+R1)/2;
> M5:=(R3+R2)/2;
>
> { Plot on intraday price charts }
> R3;M5;R2;M4;R1;M3;
> Pivot;
> M2;S1;M1;S2;M0;S3
>
>
>
> On 12/2/05, Roy Larsen <rlarsen@xxxx> wrote:
>
> Hi Dr Torque
>
>
> I'm sure I can convert the code to hourly pivots but I'm not sure
> which pivots you're talking about. Please include the code so I can
> make the conversion.
>
>
> Kind regards
>
> Roy
> www.metastocktops.co.nz
>
>
> ----- Original Message ----- *From:* dr torque <drtorque@xxxx>
> *To:* equismetastock@xxxxxxxxxxxxxxx
> *Sent:* Saturday, December 03, 2005 5:03 AM
> *Subject:* [EquisMetaStock Group] roy's pivots
>
>
> dear roy,
> i have found this following code and i was told that it was yours.
> it plots the daily pivots in the intraday chart. and previous pivots
> does not disappear unlike many other pivot codes. that's nice.. BUT,
> what I would like to see is whether instead of daily, can this be
> done hourly?
>
> thanks
>
> --
> Dr. Torque
> http://groups.yahoo.com/group/FXtrades
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