[EquisMetaStock Group] Re: Supp. and Resi. Lines on Intraday Chart

[pumrysh <no_reply@xxxxxxxxxxxxxxx>]

Amita,

You will find pivot point indicators listed here:

http://trader.online.pl/MSZ/e-0-tytulowa-p.html


Preston



--- In equismetastock@xxxxxxxxxxxxxxx, amit 2007 <amita_investor@xxx> 
wrote:
>
> Hi All,
>  
> I am using metastock for intraday trading.(5min and 15min chart, 
can compress to daily). I would like to have support and resistance 
lines (Indicator) plot on intraday
> chart based on last days High, Low, Close. Lines must be static.
>  
> The formula for supp. and Resi. is given below:-
>  
>   Support 3  ROUND(Pivot-(High-Low)*2,2)
>   Support 2  (Pivot-(High-Low),2)
>   Support 1  ((2*Pivot)-High,2)
>   Pivot   (High+Low+Close)/3
>   Resistance 1   ((2*Pivot)-Low,2)
>   Resistance 2  (Pivot+(High-Low),2)
>   Resistance 3  (Pivot+(High-Low)*2,2)
>  
> I am attaching  a picture shows supp. and resi. lines.( done it 
manually).. Do  anyone have the formula for Metastock Indicator for 
this automatically?
> 
> Thanks in advance 
> 
> Amita
>



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