Support Board
Date/Time: Thu, 09 Jan 2025 19:47:42 +0000
Post From: Pivot Points Variable Period - R4/S4 not populating
[2016-08-01 21:30:59] |
User299392 - Posts: 216 |
Problem with Pivot Points - Daily is that formula # 8 is not programmed accurately(see above for this chat message exchanges). It appears that the changes were done just for PivotPoints-Variable Period and not for Pivot Points - Daily. Including the # 8 shadow trader type formula yet again below for you to update the Pivot Points-Daily study.- PIVOT = (High + Close + Low)/3 R4 = High + 3(Pivot – Low) 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) S4 = Low – 3(Hi – Pivot) Can you confirm this to be the case before I use the proposed study? |