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Pivot Points for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, pivots
Determine the support and resistance level for tomorrow trade.
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_SECTION_BEGIN("Pivot Points");
// PivotPoints.afl
P = (H + L + C) / 3;
R1 = (P * 2) - L;
S1 = (P * 2) - H;
R2 = P + (R1 - S1);
S2 = P - (R1 - S1);
R3 = H + 2*(P - L);
S3 = L - 2*(H - P);
Plot(C,"C",colorWhite,styleCandle);
//
Displace=1;
Plot(R3,"R3",colorRed,styleDots|styleNoLine,0,0,Displace);
Plot(R2,"R2",colorRed,styleDots|styleNoLine,0,0,Displace);
Plot(R1,"R1",colorRed,styleDots|styleNoLine,0,0,Displace);
Plot(P,"P",colorBlue,styleStaircase,0,0,Displace);
Plot(S1,"S1",colorGreen,styleDots|styleNoLine,0,0,Displace);
Plot(S2,"S2",colorGreen,styleDots|styleNoLine,0,0,Displace);
Plot(S3,"S3",colorGreen,styleDots|styleNoLine,0,0,Displace);
_SECTION_END();1 comments
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Determine the pivot points including tomorrow pivot points.