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Date/Time: Sun, 12 Jan 2025 09:17:13 +0000



Formula Type 26 for Pivot Points - Variable Period

View Count: 582

[2017-02-13 18:33:49]
User84094 - Posts: 47
Please add new formula type for Pivot Points - Variable Period

By Yesterday's I mean last weeks , last months and so on.
By Daily Range I mean last week range, last month range and so on.

Pivot Point (PP) = (Yesterday's High + Yesterday's Low + Yesterday's Close) / 3
Daily Range (DR) = Yesterday's High - Yesterday's Low
Resistance Level 1 (R1) = PivotPoint + 0.382*(Daily Range)
Resistance Level 2 (R2) = PivotPoint + 0.618*(Daily Range)
Resistance Level 3 (R3) = PivotPoint + 0.786*(Daily Range)
Resistance Level 4 (R4) = PivotPoint + 1.00*(Daily Range)
Resistance Level 5 (R5) = PivotPoint + 1.382*(Daily Range)
Resistance Level 6 (R6) = PivotPoint + 1.618*(Daily Range)
Resistance Level 7 (R7) = PivotPoint + 2.00*(Daily Range)
Support Level 1 (S1) = PivotPoint - 0.382*(Daily Range)
Support Level 2 (S2) = PivotPoint - 0.618*(Daily Range)
Support Level 3 (S3) = PivotPoint - 0.786*(Daily Range)
Support Level 4 (S4) = PivotPoint - 1.00*(Daily Range)
Support Level 5 (S5) = PivotPoint - 1.382*(Daily Range)
Support Level 6 (S6) = PivotPoint - 1.618*(Daily Range)
Support Level 7 (S7) = PivotPoint - 2.00*(Daily Range)
[2017-02-13 19:36:24]
Sierra Chart Engineering - Posts: 104368
This will be added to the next release.
Sierra Chart Support - Engineering Level

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