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Date/Time: Wed, 08 Jan 2025 17:38:02 +0000



Wrong Pivot Point Formula

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[2016-07-20 12:30:52]
User571352 - Posts: 2
The following formula in Formula Type 10 for Pivot Point calculation is wrong:

Support Level 4 (S4) = S3 - (S2 - S1)

It should be

(S4) = S3 - (S1 - S2) as S1 is higher than S2. Otherwise S4 is above S3 which is obviously wrong.
[2016-07-20 17:08:34]
Sierra Chart Engineering - Posts: 104368
This will be corrected in the next release.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

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[2016-07-20 17:33:33]
Sierra Chart Engineering - Posts: 104368
This is now corrected. We were relying upon a formula we were given or were referencing and trusted it was corrected
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2016-07-20 17:34:05

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