Monthly Pivots for YM

[MrPaul]

Hey all,

Can someone provide me with the monthly YM pivots

I have a value of 12405 (low) 12674 (high) and 12660 (close) for January but I think this is off?

Thanks

[Robert2617]

MrPaul, I don't know the answer to your question but I do have one for you.

I guess there is not an automatic pivot indicator, no? Also, you asking about monthly pivots. The pivots for futures don't change daily? Sorry for being such a noob.

[MrPaul]

	Quote:	Robert2617
	MrPaul, I don't know the answer to your question but I do have one for you. I guess there is not an automatic pivot indicator, no? Also, you asking about monthly pivots. The pivots for futures don't change daily? Sorry for being such a noob.

Hey Robert,

Yes there is an automatic pivot level plotter on most charting programs. I'm just trying to figure out if I'm getting the correct values lol. They just don't seem correct and I knew someone on TL! would be able to verify for me.

As far as changing daily, yes they do. They also change weekly, monthly and quarterly (if you use those). I like to look for clusters of daily/weekly/monthly pivots, Market Profile levels(VAH, POC, VAL), Support/Resistance (such as a prior swing high) and fibonacci retracements ( 50% & 61.8%) to find areas where a larger number of participation from across timeframes and studies will be either supporting or resisting a price area.

As far as being a noob, no worries...I'm always here to help out

[Soultrader]

Hi MrPaul,

I have the following:

High: 12689
Low: 12405
Close: 12660

R3 13048.3
R2 12868.7
R1 12764.3
PP 12584.7
S1 12480.3
S2 12300.7
S3 12196.3


Also keep in mind that I use a slightly different formula for the S3 and R3 pivot.

[MrPaul]

	Quote:	Soultrader
	Hi MrPaul, I have the following: High: 12689 Low: 12405 Close: 12660 R3 13048.3 R2 12868.7 R1 12764.3 PP 12584.7 S1 12480.3 S2 12300.7 S3 12196.3 Also keep in mind that I use a slightly different formula for the S3 and R3 pivot.

Awesome. Thanks man

[Robert2617]

OK, thanks, that make sense. In my travels lately, I have picked up a Floor Pivots Monthly, Floor Pivots Weekly and Adjusting Fib Pivots indicators if you want them. You probably already have some but these are available upon request.

[Soultrader]

Robert,

I get the weekly high,low,close and monthly high,low,close straight from the weekly and monthly charts. Do you have an indicator that takes these values and plots them on the charts automatically? I also want the option to switch the colors for the pivots as well as the option to enable and disable midpoints. If you have this it would be very helpful. Thanks

[Robert2617]

	Quote:	Soultrader
	Robert, I get the weekly high,low,close and monthly high,low,close straight from the weekly and monthly charts. Do you have an indicator that takes these values and plots them on the charts automatically? I also want the option to switch the colors for the pivots as well as the option to enable and disable midpoints. If you have this it would be very helpful. Thanks

Yes, I think so. Since we talked via PM, I will start uploading a few of these indicators tomorrow to the download section. I'll start with the ones you are requesting.

[Soultrader]

Thank you Robert.

[sudha78]

TL Folks

Is there any association between POC and PP? How are you relating market profile(POC, VAH, VAL) with Pivot Points? Please throw some light.

Thanks in advance.