Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Jumbo123

Today's Pivot

Recommended Posts

Hello all to your expert tradestation programmers,

 

I have another request if you are willing to assist me. I would like to see a horizontal line that represents today's pivot. Pivot is (high + low + close)/3. Since price continues to move, this horizontal line should move along with the market. Let's use ES.D as an example. On Friday at 10:30 AM EST, ES closed at 1205.25. At that time, the high of the day was 1210.25 and the low of the day was 1201.25. Therefore, a horizontal line should be drawn at (1210.25 + 1201.25 + 1205.25)/3 ~ = 1205.50. Let's say at 3:30 pm EST. ES closed at 1211. ES has made new high before 3:30 pm at 1212.25. Therefore, that line would have risen throughout the day and draw at (1212.25 + 1201.25 + 1211)/3 ~ = 1208 at 3:30 pm EST.

 

The purpose of this indicator is to indentify the bullishness or the bearishness of the market. In fact, if it's possible, it will be super sweet to paint the horizontal line green when the price is trading above this ever changing pivot line and paint it red when the price is trading below this pivot line.

 

Also for another trading purpose, more often than not, price tends to go up or go down to today's pivot towards the close. If this line is drawn, as a trader, I can look for this trade in the afternoon.

 

Please advise. Thank you.

 

Jumbo

Share this post


Link to post
Share on other sites

Hello,

 

Tradethemarkets.com has a rolling pivot indicator for sale....It keeps adjusting the daily pivots during the day I believe.....I have never used it but I do have their auto pivot indicator and it is superb.

 

Regards,

 

Lg

Share this post


Link to post
Share on other sites

After spending almost 4k on John Clayburg's "universal system" and totally wasted my money, I swore to myself that John Carter's group will never get another dime out of me. There are plenty of great programmers who don't mind contributing their expertise on this website.

Share this post


Link to post
Share on other sites

Hi,

 

I have been a member of Tradethemarkets.com for many years. I have received many free webinars from them that have helped me tremendously in my trading. Next week, all members are getting a free gold trading webinar after hours from Hubert, who is an excellent gold trader....Over the years I have seen John and Hubert and some of their other moderators go above and beyond with their time helping people.

 

I have also worked with Dr. Clayburg and I was not very sucessfull with the Universal system either. It just was too complicated for me and I was unable to be very profitsble with it. I leased it though instead of purhased it so, my loss for the product was signifigantly less than yours. However I have seen Dr. Clayburg issue refunds at times if things haven't worked out, and I personally received more than 1 over the years on software, which is unheard of in this industry, so I can personally attest to their honesty and attempts to help people with their trading. I never saw the ad you were talking about, but I agree with you 1000% it is a disgrace and embarrassing and I am surprised Hubert did it. He can barely read the copy! I would bet that he is sorry that he did something, that truthfully to me, seems out of character to the ways they have run their business over the years.

 

I have no intention of being an apologist for tradethemarkets.com but other than the controversy over who wrote some of their indicators( people say they copied public domain ones and charged for them...they now claim they took the public domain ones and reworked them. It does seem that over the years they have moved from saying they did write them, to now saying they modified the public domain ones, but that all is definitely open to discussion). I have both the public domain ones and the commercial ones, and there is some differences between them, but it appears to be pretty minor from a cursory test at best from myself. Other than that controversy, my point to all of this, is that I have had very good experiences overall with them. I have been to many of their paid online webinars and have learned alot. I have been to a few that were pretty lousy as well, but most of them were excellent and worth the money

 

Obviously the key to remember is they are a business and will sometimes be quite guilty of poor decisions regarding advertising and how they go about promoting themselves. I have seen John Carter often introduce something " new and exciting" just before a paid webinar to get people to sign up, but hey that's American capitalism!..And he can be sublte because he is very smart! . However, from my own experiences, I have been treated totally fairly and honestly by them, and any problem I have ever had with them, has been resolved fully and fairly, and always in my favor...so...I might discuss your problem with them if too much time hasn't passed. I would guess a solution might be possible that would leave you feling less angry?

 

Good luck in your trading,

 

Lg

Share this post


Link to post
Share on other sites

Always made me smile how TTM where happy to sell stuff that they had pinched from the public domain. Rather calls into question their integrity I always thought.

 

A live pivot is pretty trivial to be honest, I am sure someone will be able to help. Just about to run out the door or I would write one for you here and now.

Share this post


Link to post
Share on other sites

We will just have to agree to disagree. I can see where you are coming from. However, in life and in business, you got one chance to make a first impression. With their agressive and snake oil marketing tactics and my own personal purchase experience, it will be hard for me to change my mind about them. There is very little doubt that they are very smart people and great capitalists. They teamed up with Clayburg for system trading and get Carolyn Boroden the fib queen to be listed along with them to share marketing expense and create synergy for profits. However, my impression is and always will be that they care about their business and profits first while us little traders' success second. I am glad that you had a good experience with them and I hope they continue to deliver.

Share this post


Link to post
Share on other sites

Are you serious? Somebody actually charges for a "rolling pivot" indicator?

 

I use sierra charts and I just add a study "variable period indicator" and adjust the variable period to any timeframe i like.

 

I have used amibroker, ensign and a few other charting platforms and was able to accomplish this with all of them for FREE. My most profitable trading strategy involved a rolling 4 hr pivot with corn. It was an ATM machine during the bull run of 08.

 

I am sure if you do your homework you can get rolling pivots on just about any platform for little or no cost.

Share this post


Link to post
Share on other sites

Keep in mind a lot of people are simply jealous or just plain pissed off that they aren't making $3 million / yr like Carter, Senters and the rest of the TTM folks using those rebranded public domain indicators.

 

It's still a free market capitalist society (for the moment), so I say, more power to them.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.