Support Board

Date/Time: Thu, 19 Sep 2024 16:40:30 +0000

Request to add Modified Pivots to official formulas.

[2013-12-24 10:22:12] #1 [Go To First Post]
esMike - Posts: 69
Research has shown this formula is now more reliable in the markets than the pit pivots formula. Modified pivots have upto a 61% market reaction rate. See research here... They are shown to be 2% more effective than Pit Pivots(Shadowtrader Pivots). http://thepatternsite.com/PivotPoints.html#NOB3b //Mod pivots formula PivotPoint = (High + Low) / 2; R1 = High; S1 = Low; R2 = PivotPoint + (High - Low); S2 = PivotPoint - (High - Low); R3 = PivotPoint + ((High - Low)1.5f); S3 = PivotPoint - ((High - Low)1.5f); R4 = PivotPoint + ((High - Low)2); S4 = PivotPoint - ((High - Low)2); R5 = PivotPoint + ((High - Low)2.5f); S5 = PivotPoint - ((High - Low)2.5f); R_5 = (PivotPoint + R1) / 2; S_5 = (PivotPoint + S1) / 2; R1_5 = (R1 + R2) / 2; S1_5 = (S1 + S2) / 2; R2_5 = (R2 + R3) / 2; S2_5 = (S2 + S3) / 2; R3_5 = (R3 + R4) / 2; S3_5 = (S3 + S4) / 2; R4_5 = (R4 + R5) / 2; S4_5 = (S4 + S5) / 2; Date Time Of Last Edit: 2013-12-24 10:23:46

To post a message in this thread, you need to log in with your Sierra Chart account: