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Claud, Thanks. I am a little slow on this still. Marshall
-------Original Message-------
From: equismetastock@xxxxxxxxxxxxxxx
Date: Saturday, March 06, 2004 16:22:24
To: equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock Group] Re: pivot point
Just copy and paste this into your Indicator list. Click on the "indicator builder" icon (the fifth one from the left)select "new" then name it "Pivot weekly" and paste everything in there. Voila! All done.Then open a chart and drag that indicator over the price bars.Good luck, Marshall.ClaudM Smith wrote:
I would love to use this. Would you please tell me how and where this goes in Metastocks (8.0). I am learning more and more but still have difficulty with where things go. Marshall
-------Original Message-------
From: equismetastock@xxxxxxxxxxxxxxx
Date: Saturday, March 06, 2004 12:15:32
To: equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock Group] Re: pivot point
Fulvio,I use this formula to plot weekly pivots on my charts. Dw:=If(DayOfWeek()<=Ref(DayOfWeek(),-1),1,0);{Weekly Typical Price}PP1:=If(Dw=1,{then}(Ref(HighestSince(1,Dw=1,H),-1)+Ref(LowestSince(1,Dw=1,L),-1) +Ref(C,-1))/3,{else}0);{Weekly High}Wh1:=If(Dw=1,{then}Ref(HighestSince(1,Dw=1,H),-1),{else}0);{Weekly Low}Wl1:=If(Dw=1,{then}Ref(LowestSince(1,Dw=1,L),-1),{else}0);Wh:=ValueWhen(1,Wh1>0,Wh1);Wl:=ValueWhen(1,Wl1>0,Wl1);{Pivot Point}PP:=ValueWhen(1,PP1>0,PP1);{Resistance 1}R1:=(2*PP)-Wl;{Support 1}S1:=(2*PP)-Wh;{Resistance 2}R2:=(PP-S1)+R1;{Support 2}S2:=PP-(R1-S1);R2;R1;PP;S1;S2;Fulvio wrote:
>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.Thanks, I would like to calculate pivots point (s1, s2, s3, r1, r2, r3) ofmy securities, for example you can try this tool:http://www.laborsaditutti.it/pivotpoint.aspto use this italian tool insert high, low, close and click "Calcola ilvalore", it's great!Fulvio
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