Login Page - Create Account

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?