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Date/Time: Mon, 17 Mar 2025 18:20:08 +0000



Pivot Point CP and zones

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[2022-09-13 16:29:16]
User957616 - Posts: 1
Hi,

I'm just getting started with Sierra Chart, so please excuse the probably basic question/s.

Is there a way to set up a pivot point line based on "(high + low) / 2"? I actually want to make zones based on the standard PP calculation for a 4 hour PP and this level, but two independent lines will suffice to get going. I have looked through the PP docs, but can't see anything that's quite right.

Thanks,

-Chris
[2022-09-13 23:14:28]
John - SC Support - Posts: 38711
If you can not find a Pivot Point calculation that does what you want, then you would have to create it yourself. It would not be hard to do, as you would need a Daily Chart (assuming you want the previous day High/Low) and then you could use the Arithmetic Studies, the Spreadsheet Study or the Spreadsheet Formula study.

Refer to the following for the Pivot Point calculations:
Pivot Points: Formula Types

And refer to the following:
Using the Basic Arithmetic Studies

Spreadsheet Formula

Overview of Spreadsheet Studies
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