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Re: Re: [EquisMetaStock Group] pivots



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Hi Fulvio


Yes, most of your suggestions are possible. Plotting monthly  pivots on weekly data is not though, and that's because weekly dates don't usually coincide with the last trading day of a month. Monthly data on daily pivots is not a problem. What is your definition "last periods pivots"?


Regards

Roy
www.metastocktips.co.nz

 
----- Original Message ----- 
From: Fulvio 
To: equismetastock@xxxxxxxxxxxxxxx 
Sent: Friday, May 11, 2007 11:42 AM
Subject: Re: [EquisMetaStock Group] pivots


is it impossible with formula language? Thanks

--- Fulvio <fulvio1977@xxxxxxxx> ha scritto:

> excuse me for my english. Please, from this formula, we can to build a formula that plots only
> last period's pivots and plots pivots with major timeframe? For example: If my chart is daily
> then metastocks plots last weekly pivots; else if my chart is weekly then metastocks plots last
> monthly pivots; and if my chart is monthly then metastocks plots last quaterly or last yearly
> pivots. Thanks, Fulvio
> 
> Dw:=If(DayOfWeek()<=Ref(DayOfWeek(),-1),1,0);
> {Weekly Typical Price}
> PP1:=If(Dw=1,
> {then}(Ref(HighestSince(1,Dw=1,H),-1)+
> Ref(LowestSince(1,Dw=1,L),-1) +
> Ref(C,-1))/3,
> {else}0);
> {Weekly High}
> Wh1:=If(Dw=1,
> {then}Ref(HighestSince(1,Dw=1,H),-1),
> {else}0);
> {Weekly Low}
> Wl1:=If(Dw=1,
> {then}Ref(LowestSince(1,Dw=1,L),-1),
> {else}0);
> Wh:=ValueWhen(1,Wh1>0,Wh1);
> Wl:=ValueWhen(1,Wl1>0,Wl1);
> PP:=ValueWhen(1,PP1>0,PP1);
> {Resistance 1}
> R1:=(2*PP)-Wl;
> {Support 1}
> S1:=(2*PP)-Wh;
> {Resistance 2}
> R2:=(PP-S1)+R1;
> {Support 2}
> S2:=PP-(R1-S1);
> {Resistance 3}
> R3:=PP+2*(R1-S1);
> {Support 3}
> S3:=PP-2*(R1-S1);
> R3;
> R2;
> R1;
> S1;
> S2;
> S3;
> 
> 
> 
> 
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