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Hi Preston
Just a thought on this one. Unless the last bar indicator is plotted with a heavy weight it will be virtually invisible. Selecting it when it can't be seen is also a problem. Another way to go might be generate X several bars prior to the last bar (easy to do as you'll already know), and use the earlier signal with ValueWhen() to plot the LastValue() of support and resistance for several bars rather than just the one bar.
Like this perhaps.
{Pivot Points #2}
R#2:=((H+L+C)/3) - (2*((H+L+C)/3) - H) +
(2*((H+L+C)/3) - L);
R#1:=2*((H+L+C)/3) - L;
S#1:=2*((H+L+C)/3) - H;
PP:=(H+L+C)/3;
S#2:=((H+L+C)/3) - (((2*((H+L+C)/3) -
L)-(2*((H+L+C)/3) - H)));
X:= Cum(1)=LastValue(Cum(1))-10;
ValueWhen(1,X,LastValue(R#2));
ValueWhen(1,X,LastValue(R#1));
ValueWhen(1,X,LastValue(PP));
ValueWhen(1,X,LastValue(S#1));
ValueWhen(1,X,LastValue(S#2));{end}
The indicator is visible without needing to have the weight changed of each plot changed.
As far as color etc. goes, an easy way to ensure that an indicator gets the wanted color, style and weight as soon as it's first dropped down onto a chart is to include an Input() function in the formula. Inserting an Input() function in this case could also serve to set the number of bars plotted.
{Pivot Points #3}
N:=Input("Bars to plot",1,101,10)-1;
R#2:=((H+L+C)/3) - (2*((H+L+C)/3) - H) +
(2*((H+L+C)/3) - L);
R#1:=2*((H+L+C)/3) - L;
S#1:=2*((H+L+C)/3) - H;
PP:=(H+L+C)/3;
S#2:=((H+L+C)/3) - (((2*((H+L+C)/3) -
L)-(2*((H+L+C)/3) - H)));
X:= Cum(1)=LastValue(Cum(1))-N;
ValueWhen(1,X,LastValue(R#2));
ValueWhen(1,X,LastValue(R#1));
ValueWhen(1,X,LastValue(PP));
ValueWhen(1,X,LastValue(S#1));
ValueWhen(1,X,LastValue(S#2));{end}
As the indicator is pulled down onto a chart there's an opportunity to change not only the Input() value for bars to plot but also select a common colour, style and weight for all plots.
Regards
Roy
----- Original Message -----
From: pumrysh
To: equismetastock@xxxxxxxxxxxxxxx
Sent: Saturday, September 29, 2007 3:23 PM
Subject: [EquisMetaStock Group] Re: Support & Resistant Formula
Mark,
This should do the trick.
Preston
{Pivot Points}
R#2:=((H+L+C)/3) - (2*((H+L+C)/3) - H) +
(2*((H+L+C)/3) - L);
R#1:=2*((H+L+C)/3) - L;
S#1:=2*((H+L+C)/3) - H;
PP:=(H+L+C)/3;
S#2:=((H+L+C)/3) - (((2*((H+L+C)/3) -
L)-(2*((H+L+C)/3) - H)));
X:= Cum(1)=LastValue(Cum(1));
ValueWhen(1,X,R#2);
ValueWhen(1,X,R#1);
ValueWhen(1,X,PP);
ValueWhen(1,X,S#1);
ValueWhen(1,X,S#2);{end}
--- In equismetastock@xxxxxxxxxxxxxxx, markumansky <no_reply@xxx>
wrote:
>
> Is it possible to adapt the formula that it only shows the current
bar
> points, instead of all of the past one too? This would reduce the
> clutter on the chart.
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> >
> > http://trader.online.pl/MSZ/e-w-Pivot_Points.html
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, Danny Rianto
> > <dannyrianto01@> wrote:
> > >
> > > Anybody has Support & Resistant Formula...
> > >
> > > (S1, S2, S3, Pivol, R1, R2, R3).
> > >
> > > This formula will be vary valuable for day trader as guide
> > price....
> > >
> > > Appreciate for your help
> > >
> > > Danny
> > >
> > >
> > > ________________________________________________________
> > > Bergabunglah dengan orang-orang yang berwawasan, di di bidang
> > Anda! Kunjungi Yahoo! Answers saat ini juga di
> > http://id.answers.yahoo.com/
> > >
> > > [Non-text portions of this message have been removed]
> > >
> >
>
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