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Fulvio,
I offered this formula in a another forum, but have had no
feedback...
I now offer it to you. If this is what you are looking for, great!
If not, let me know and I will modify it to suit.
--8><------------------------
{Pivots v1.02}
{©Copyright 2004 Scott Bunny}
{Dynamics:}
{ 1 - counts from first bar forward}
{ 2 - counts from last bar backwards}
prd:=Input("Periods...[1-260]",1,260,30);
multiplier:=Input("Multiplier...[0.1-2.0]",0.1,2,0.5);
dynamic:=Input("1-Static, 2-Dynamic...",1,2,2);
prds:=If(dynamic=1,Frac(Cum(1)/prd),Frac((LastValue(Cum(1))-Cum(1)
+1)/prd));
hi:=If(prds=0,HHV(H,prd),PREV);
lo:=If(prds=0,LLV(L,prd),PREV);
cl:=If(prds=0,C,PREV);
pivot:=(hi+lo+cl)/3;
range:=(hi-lo)*multiplier;
UL:=pivot+range;
LL:=pivot-range;
UL;
LL;
--8><------------------------
Hope this helps.
wabbit :D
P.S. Roy/Jose/Henry etc. Is there a neat way to deal with the first
prd bars on the chart when in dynamic mode?
--- In equismetastock@xxxxxxxxxxxxxxx, "Fulvio" <fulami@xxxx> wrote:
> hi,
>
> is it possible to calculate pivot point with a metastock
exploration?
>
> Thanks,
> Fulvio
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