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Walt Downs wrote:
Clyde Lee pointed out that I should be dividing by 3 rather than 9
in the pivot point formula shown below.
The first division was (obviously) performed by the average function.
Thanks Clyde. :)
Walt
> Robert Hughes wrote:
> >
> > Walt:
> >
> > I noticed your post in response to a query from R.J. Chevovin, when I tried
> > the formula in TS Ver4 it wanted a formula in place of the = then a , after
> > the first (
> >
> > Have I typed it incorrectly or is something else need in TS Ver4
> >
> > Incidentally I am fairly new to TS, so may be missing some basic knowledge
> > requirement, thank you for your patience and assistance
> >
> > Robert Hughes
>
> Robert,
>
> Hmmmmm. "Cut and paste" the following into a blank "indicator" TS
> page:
>
> Value1 = (Average(H,3)+Average(L,3)+Average(C,3))/9;
>
> Plot1(value1,"Pivot");
>
> Should work alright. If it doesn't, let me know, and I will e-mail
> you a copy of the indicator in an ELA format. Then all you will need
> to do is transfer the indicator directly into TS. :)
>
> Walt downs
> CIS Trading
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