[Metastockusers] Re: How to use Pivots

["jmanika" <james.manika@xxxxxxxxxxx>]

This website link gives some information ....

http://www.greekshares.com/pivot_points.asp

--- In Metastockusers@xxxxxxxxxxxxxxx, <uhehs@xxxx> wrote:
> Someone please direct me to where I can read the theory on how to 
use the
> Pivots formula below.
> 
>  
> 
>  
> 
> Pivot:=(Ref(H,-1)+Ref(L,-1)+Ref(C,-1))/3;
> 
> r2:=pivot+(Ref(H,-1)-Ref(L,-1));
> 
> r1:=(pivot*2)-Ref(L,-1);
> 
> s1:=(pivot*2)-Ref(H,-1);
> 
> s2:=pivot-(r1-s1);
> 
> pivot;
> 
> r2;
> 
> r1;
> 
> s1;
> 
> s2;



 
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