Re: [Metastockusers] PIVOTS [January 2004 TASC magazine]

["Werner" <werner@xxxxxxxxxxxxx>]

Hi
Here is my version.
 
<FONT face=Arial 
size=2>Start:=ROC(Hour(),1,$)<0;YH:=ValueWhen(1,start,Ref(HighestSince(1,start,H),-1));YL:=ValueWhen(1,start,Ref(LowestSince(1,start,L),-1));Start2:=ROC(Hour(),1,$)<0;YC:=ValueWhen(1,start2,Ref(CLOSE,-1));
 
PP:=(yc + yh+ yl)/3;
r1:=(2*pp)-yL;s1:=(2*pp)-yH;
 
r2:=pp +(yh - yl);s2:=pp -(yh - yl);
 
r3:=r2+(yh-yl);s3:=s2-(yh-yl);
 
Mplus:=(pp+(r1-pp)/2);Mminus:=(pp-(pp-s1)/2);
 
Mplus;Mminus;r1;s1;r2;s2;r3;s3;
 
PP;
 
 
 
Werner
 
 
 
 
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  uhehs@xxxxxxxx 
  To: <A 
  title=Equismetastock@xxxxxxxxxxxxxxx 
  href="">Equismetastock@xxxxxxxxxxxx 
  Com ; <A title=Metastockusers@xxxxxxxxxxxxxxx 
  href="">Metastockusers@xxxxxxxxxxxx 
  com ; <A title=Sunday_Traders@xxxxxxxxxxxxxxx 
  href="">Sunday_Traders@xxxxxxxxxxxx 
  Com 
  Sent: Monday, December 22, 2003 4:09 
  PM
  Subject: [Metastockusers] PIVOTS [January 
  2004 TASC magazine]
  
  
  <SPAN 
  >I have always 
  had an interest in working with Pivots.  This article was my 
  reminder.
  <SPAN 
  > 
  <SPAN 
  >But when 
  plotted on an intraday chart [60 min] the price never seems to reach the pivot 
  [I’m assuming because price and pivot calculations are 
  dynamic].
  <SPAN 
  > 
  <SPAN 
  >Anyone have any 
  comments or suggestions on these or any other Pivot strategies in 
  general?
  <SPAN 
  > 
  <SPAN 
  >The formula in 
  TASC follows:
  <SPAN 
  > 
  <SPAN 
  >Pivot:=(H+L+C)/3;
  <SPAN 
  >r2:=pivot+(H-L);
  <SPAN 
  >r1:=(pivot*2)-L;
  <SPAN 
  >s1:=(pivot*2)-H;
  <SPAN 
  >s2:=pivot-(r1-s1);
  <SPAN 
  >pivot;
  <SPAN 
  >r2;
  <SPAN 
  >r1;
  <SPAN 
  >s1;
  <SPAN 
  >s2;
  <SPAN 
  > 
  <SPAN 
  > To 
  unsubscribe from this group, send an email 
  to:Metastockusers-unsubscribe@xxxxxxxxxxx
  
  Yahoo! Groups Links
  
    To visit your group on the web, go to:<A 
    href="">http://groups.yahoo.com/group/Metastockusers/  

    To unsubscribe from this group, send an email to:<A 
    href="">Metastockusers-unsubscribe@xxxxxxxxxxxxxxx  

    Your use of Yahoo! Groups is subject to the <A 
    href="">Yahoo! Terms of Service. 
  


To unsubscribe from this group, send an email to:
Metastockusers-unsubscribe@xxxxxxxxxxx










Yahoo! Groups Sponsor


  ADVERTISEMENT 









Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/Metastockusers/ 
To unsubscribe from this group, send an email to:Metastockusers-unsubscribe@xxxxxxxxxxxxxxx 
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.




Attachment:
PivotSP500.png
Description: PNG image
Attachment:

Attachment: Description: "Description: Binary data"

Attachment: Description: "PivotIntradayPRS123.mwt"