RE: [Metastockusers] Daily Pivot Points On Five Minute Chart

[<uhehs@xxxxxxxx>]

If it helps, this I what I have in my
files for Daily Pivots on a lower time frame.

[I think it’s from you, Roy]

 

Dm:=If(Hour()<=Ref(Hour(),-1),1,0);

PP3:=If(Dm=1,(Ref(HighestSince(1,Dm=1,H),-1)+

Ref(LowestSince(1,Dm=1,L),-1) +

Ref(C,-1))/3,0);

Mh1:=If(Dm=1,Ref(HighestSince(1,Dm=1,H),-1),0);

Ml1:=If(Dm=1,Ref(LowestSince(1,Dm=1,L),-1),0);

Mh:=ValueWhen(1,Mh1>0,Mh1);

Ml:=ValueWhen(1,Ml1>0,Ml1);

PPM:=ValueWhen(1,PP3>0,PP3);

R1:=(2*PPM)-Ml;

S1:=(2*PPM)-Mh;

S3:=ppm-(Mh-Ml);

S2:=S1-(R1-S1);

R2:=R1+(R1-S1);

R3:=ppm+(Mh-Ml);

evm:=(mh-PPm)+ml;

 

r3;

r2;

r1;

ppm;

s1;

s2;

s3;

 

<span
>-----Original Message-----
From: Roy Larsen
[mailto:rlarsen@xxxxxxxxxxxxxx] 
Sent: Thursday, March
 18, 2004 <span
 >3:12 PM<font size=2
face=Tahoma>
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: Re: [Metastockusers]
Daily Pivot Points On Five Minute Chart

<span
> 

<span
>Kevin<span
>


> I want to incorporate a condition in a system
test on a five-minute chart. 
> I do not want to buy if the price is within a
certain percentage of one of 
> the daily pivot points. Does anybody know how
to plot daily pivots on 
> intraday charts for testing purposes?
Unfortunately, Henry's excellent 
> pivot points indicator only plots the value
for the current period.
> 
> Thanks in advance,
> Kevin

Show me the code you use for daily pivots and I'll
convert it to plot on any intraday chart

Roy<font
size=2 face="Courier New">













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