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Great thanks, I'm going to build this new
indicator, but is it possible copy &
paste this formula into exploration to print a report of pivot
points of my securities?
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----- Original Message -----
<DIV
>From:
Claudb
To: <A
title=equismetastock@xxxxxxxxxxxxxxx
href="">equismetastock@xxxxxxxxxxxxxxx
Sent: Saturday, March 06, 2004 11:22
PM
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:
FLAVOR00-NONE-0000-0000-000000000000
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<TABLE id=INCREDIMAINTABLE cellSpacing=0 cellPadding=2 width="100%"
border=0>
<TD id=INCREDITEXTREGION
width="100%">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: <A
href="">equismetastock@xxxxxxxxxxxxxxx
Date: Saturday,
March 06, 2004 12:15:32
To: <A
href="">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:
<DIV type="cite"
cite="">>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:<A
href="">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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