Support Board
Date/Time: Mon, 10 Mar 2025 13:00:38 +0000
Post From: Shadowtrader Pivots Not Quite Right
| [2021-04-28 21:06:51] |
| SC Support Tom - Posts: 450 |
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WRT Post #1: I checked both the Shadowtrader website and the Sierra Chart function CalculatePivotPoints. Our formulas do indeed disagree with those of Shadowtrader. The correct formulas are listed in that post. PIVOT = (High + Close + Low)/3 R3 = High + 2(Pivot – Low) R2 = Pivot + (R1 – S1) R1 = (2*Pivot) – Low S1 = (2*Pivot) – High S2 = Pivot – (R1 – S1) S3 = Low – 2(Hi – Pivot) |