Auto Pivot Point Indicator with Labels

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Auto Pivot Point Indicator with Labels

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Auto Pivot Point Indicator with Labels

Indicator Information

About The Developer

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Attached Files

Autopivots.ELD (16.6 KB, 361 views)

Software Version: , by Soultrader Soultrader is offline

Developer Last Online: Oct 2008

Trading Platform: Tradestation	Rating:
Release Date: 08-29-2007	Last Update: 08-29-2007	Installs: 59
Supported Beta Stage

This is an upgrade from a previous pivot point indicator created by Ant located here: http://www.traderslaboratory.com/for...ation-488.html

Formula:

R3 = R1 + RANGE
R2 = PP + RANGE
R1 = (2 * PP) - LOW
PP = (HIGH + LOW + CLOSE) / 3
S1 = (2 * PP) - HIGH
S2 = PP - RANGE
S3 = S1 - RANGE

All credits go out to Antonio (ant) for releasing this indicator.

This indicator now plots the labels like S1, S2, etc.... except midpoints. If you prefer to use a different formula, simply edit the EL code in the indicator.

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This indicator may not be copied, reproduced or published elsewhere without the author's permission.

1 links from elsewhere to this Post. Click to view.

#1 (permalink)

By jjthetrader on 09-24-2007, 12:06 PM

Re: Auto Pivot Point Indicator with Labels

Do you actually have to manually enter the HLC values or is this actually automatic?
Thanks
JJ

#2 (permalink)

By Trader KGB on 09-28-2007, 09:54 PM

Re: Auto Pivot Point Indicator with Labels

Yes, is there a way to automate the HLC data entry?

#3 (permalink)

By jjthetrader on 09-29-2007, 11:08 AM

Re: Auto Pivot Point Indicator with Labels

The Floor Pivots indicator in this forum calculates it automatically for each day. For some reason it doesn't come up with the proper values though.

highd(1) gets the high of the day so how do we incorporate that into this one?

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