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Hi Preston,
I need to mention again that I dont code the formula from scratch. The
credit is not mine, I think it's Jose Silva who code it, I only modified it
:)
I am stock trader and have been learning options for a month, I wonder how
is this connected (good) for options trader? I modified the code to put the
pivot line on the indicator as you suggested, thanks! It looks great :)
Have a nice day,
Wiro.
On 9/2/07, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
>
> 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
>
>
>
[Non-text portions of this message have been removed]
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