[EquisMetaStock Group] Re: Pivot Point Exploration

[pumrysh <no_reply@xxxxxxxxxxxxxxx>]

Wiro,

Thanks! Hope a lot of people will take a look at this. If you are an 
options trader this is an excellent tool to put into your arsenal!

I would make one small addition to your formula. 
I would change the last line to r3;r2;r1;pivot;s1;s2;s3;
This gives you a chance to closely follow the pivot level throughout 
the month. I monitored the pivot level on a consolidating chart and 
watching the breakout was like watching an explosion.

Once again thanks,

Preston




--- In equismetastock@xxxxxxxxxxxxxxx, "Wiro Hardy" 
<wiro.pribadi@xxx> wrote:
>
> Preston,
> Many thanks for your email.
> 
> Oddly enough, after I leave it no hope few weeks ago, today with a 
little
> tweak, its work :)
> 
> In case somebody in this mailing list may need it, this is a 
indicator code
> for S1, S2, S2, R1, R2 and R3:
> 
> { Month' start }
> m:=Month()<>Ref(Month(),-1);
> 
> { Month's OHLC }
> {Om:=ValueWhen(2,m,O);}
> Hm:=ValueWhen(1,m,HighestSince(2,m,H));
> Hm:=ValueWhen(1,Hm>0,Hm);
> Lm:=ValueWhen(1,m,LowestSince(2,m,L));
> Lm:=ValueWhen(1,Lm>0,Lm);
> Cm:=ValueWhen(1,m,Ref(C,-1));
> Pivot:= (Hm+Lm+Cm)/3;
> { Pivot levels }
> r3:=Hm+2*(Pivot - Lm);
> r2:=Pivot+Hm-Lm;
> r1:=Pivot*2-Lm;
> s1:=Pivot*2-Hm;
> s2:=Pivot-Hm+Lm;
> s3:=Lm-2*(Hm - Pivot);
> 
> { Plot on daily chart }
> r3;r2;r1;s1;s2;s3;
> 
> For is the exploration code:
> ColA: S1/C
> m:=Month()<>Ref(Month(),-1);
> 
> { Month's OHLC }
> {Om:=ValueWhen(2,m,O);}
> Hm:=ValueWhen(1,m,HighestSince(2,m,H));
> Hm:=ValueWhen(1,Hm>0,Hm);
> Lm:=ValueWhen(1,m,LowestSince(2,m,L));
> Lm:=ValueWhen(1,Lm>0,Lm);
> Cm:=ValueWhen(1,m,Ref(C,-1));
> Pivot:= (Hm+Lm+Cm)/3;
> { Pivot levels }
> r3:=Hm+2*(Pivot - Lm);
> r2:=Pivot+Hm-Lm;
> r1:=Pivot*2-Lm;
> s1:=Pivot*2-Hm;
> s2:=Pivot-Hm+Lm;
> s3:=Lm-2*(Hm - Pivot);
> 
> s1/C
> 
> ColB: S2/C
> { Month' start }
> m:=Month()<>Ref(Month(),-1);
> 
> { Month's OHLC }
> {Om:=ValueWhen(2,m,O);}
> Hm:=ValueWhen(1,m,HighestSince(2,m,H));
> Hm:=ValueWhen(1,Hm>0,Hm);
> Lm:=ValueWhen(1,m,LowestSince(2,m,L));
> Lm:=ValueWhen(1,Lm>0,Lm);
> Cm:=ValueWhen(1,m,Ref(C,-1));
> Pivot:= (Hm+Lm+Cm)/3;
> { Pivot levels }
> r3:=Hm+2*(Pivot - Lm);
> r2:=Pivot+Hm-Lm;
> r1:=Pivot*2-Lm;
> s1:=Pivot*2-Hm;
> s2:=Pivot-Hm+Lm;
> s3:=Lm-2*(Hm - Pivot);
> 
> s2/C
> 
> We can sort coloum A and B to see which securities is near or at 
S1 and S2.
> 
> My questions:
> 1. How to filter results that shown "N/A" ?
> 2. Shouldn't available a better way to code the exploration since 
we can see
> the code is very repetitive
> 
> Thanks again,
> Wiro.
> 
> 
> 
> On 9/2/07, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
> >
> >   Wiro,
> >
> > I would think that your problem would be in how you define close 
or
> > near so you will need to tell us what you were using for that.
> >
> > Preston
> >
> >
> 
> 
> [Non-text portions of this message have been removed]
>




 
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