Support Board
Date/Time: Sun, 12 Jan 2025 11:49:52 +0000
Post From: Formula Type 26 for Pivot Points - Variable Period
| [2017-02-13 18:33:49] |
| User84094 - Posts: 47 |
|
Please add new formula type for Pivot Points - Variable Period By Yesterday's I mean last weeks , last months and so on. By Daily Range I mean last week range, last month range and so on. Pivot Point (PP) = (Yesterday's High + Yesterday's Low + Yesterday's Close) / 3 Daily Range (DR) = Yesterday's High - Yesterday's Low Resistance Level 1 (R1) = PivotPoint + 0.382*(Daily Range) Resistance Level 2 (R2) = PivotPoint + 0.618*(Daily Range) Resistance Level 3 (R3) = PivotPoint + 0.786*(Daily Range) Resistance Level 4 (R4) = PivotPoint + 1.00*(Daily Range) Resistance Level 5 (R5) = PivotPoint + 1.382*(Daily Range) Resistance Level 6 (R6) = PivotPoint + 1.618*(Daily Range) Resistance Level 7 (R7) = PivotPoint + 2.00*(Daily Range) Support Level 1 (S1) = PivotPoint - 0.382*(Daily Range) Support Level 2 (S2) = PivotPoint - 0.618*(Daily Range) Support Level 3 (S3) = PivotPoint - 0.786*(Daily Range) Support Level 4 (S4) = PivotPoint - 1.00*(Daily Range) Support Level 5 (S5) = PivotPoint - 1.382*(Daily Range) Support Level 6 (S6) = PivotPoint - 1.618*(Daily Range) Support Level 7 (S7) = PivotPoint - 2.00*(Daily Range) |