Re: [RT] adjusting pivots

[ketayun <ketayun@xxxxxxxxxxxxx>]

Thanks, I guess what we are adding is the current day's open?

Kate

Ray Raffurty wrote:
  
  
 
  
 
      
  I don't know if this is what you are looking
for  but many people add the open the formula so it becomes (H+L+C+O)/4. 
The  rest of the pivots are calculated off this number.
 
   
 
  Good luck and good trading,
 
   
 
  Ray Raffurty
 
  <blockquote
 > 
  
    <div
 >-----
Original Message ----- 
   
    <div
 >From:
   ketayun
   
   
    <div
 >To:
    <a title="realtraders@xxxxxxxxxxxxxxx"
 href="">realtraders 
   
    <div
 >Sent:
Friday, April 11, 2003 12:24    PM
   
    <div
 >Subject:
[RT] adjusting pivots
   
    
    
    Would someone please give me the standard modification of    the
pivot 
formula (h+l+c)/3 when there is an opening gap of higher high or    lower
    
low? I trade SPY's almost solely, if that makes any    difference.
    
Thanks,
    
Good Trading,
    
Kate
    
    
    
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