Support Board
Date/Time: Wed, 12 Feb 2025 19:18:26 +0000
Post From: Issue with Pivots
| [2020-10-15 22:22:36] |
| Sawtooth - Posts: 4173 |
|
Pivot points are based on the day season from the previous day 9:30-4:15 and should have nothing to do with time frame.
In Sierra, it does make a difference because the Pivot Point is calculated on yesterday's HLC average of the chart's time frame.This is why the Pivots can be different between an RTH chart and an Historical >> Daily chart. An Historical >> Daily chart may not have the same HLC values as an RTH chart, so Pivots may actually be inaccurate if you are expecting an Historical >> Daily chart to be using the HLC of the RTH. If you want accurate Pivots for the RTH, the chart's session times must be 09:30:00 to 16:14:59 (assuming US Eastern Time Zone). If your chart is using other intraday session times, you would need to overlay them from an RTH chart using the Study/Price Overlay study on the destination chart. Is it possible to set up the weekly pivots like i want or not?
If you want the pivots from an Historical >> Daily chart on an intraday chart, you would need to overlay them using the Study/Price Overlay study on the intraday chart. But note: Pivots on an Historical >> Daily chart are not necessarily the same as from an RTH chart. |