Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Pivots - Intraday by Jose Silva for Metastock
kaiji
about 14 years ago
Metastock

Rating:
3 / 5 (Votes 2)
Tags:
metastock, pivots

Plots daily pivot values on intraday charts

Similar Indicators / Formulas

Pivot Points
Submitted by gummachado almost 12 years ago
Flat Market Indicator (FMI)
Submitted by chsmcp over 11 years ago
O.B.V. Good example of if() func
Submitted by karim.chakib over 10 years ago
Cycle Indicator by Bill Irwin
Submitted by roszyk over 13 years ago
Ortalama fiyat degiskenligi gostergesi
Submitted by tasma over 12 years ago
Adaptive Wilders Smoothing
Submitted by aashish51 over 12 years ago

Indicator / Formula

Copy & Paste Friendly
 { With thanks to Kevin Barry for pivot logic.

CCopyright 2004~2006 Jose Silva
The grant of this license is for personal use
only - no resale or repackaging allowed.
All code remains the property of Jose Silva.
http://metastocktools.com }

{ User input }
pds:=Input("Use Highest/Lowest of past x days",1,260,1);

{ Message }
message:=Input("(Plot on intraday charts)",0,0,0);

{ Day's start }
dStart:=DayOfMonth()<>Ref(DayOfMonth(),-1) OR Cum(1)=2;

{ Previous x Days' High }
Hd:=HighestSince(pds,dStart,H);
Hd:=ValueWhen(1,dStart,ValueWhen(2,1,Hd));
Hd:=ValueWhen(1,Hd>0,Hd);

{ Previous x Days' Low }
Ld:=LowestSince(pds,dStart,L);
Ld:=ValueWhen(1,dStart,ValueWhen(2,1,Ld));
Ld:=ValueWhen(1,Ld>0,Ld);

{ Previous Day's Close }
Cd:=ValueWhen(1,dStart,ValueWhen(2,1,C));
Cd:=ValueWhen(1,Cd>0,Cd);

{ Pivot }
Pivot:=(Hd+Ld+Cd)/3; {Plot in Green bold}

{ Support }
S1:=2*Pivot-Hd; {Blue}
S2:=Pivot-(Hd-Ld); {Red}
S3:=2*Pivot-(2*Hd-Ld); {dark Green}

{ Resistance }
R1:=2*Pivot-Ld; {Blue}
R2:=Pivot+(Hd-Ld); {Red}
R3:=2*Pivot+(Hd-2*Ld); {dark Green}

{All mid-pivot levels light Grey}
M0:=(S2+S3)/2;
M1:=(S1+S2)/2;
M2:=(Pivot+S1)/2;
M3:=(R1+Pivot)/2;
M4:=(R2+R1)/2;
M5:=(R3+R2)/2;

{ Plot on intraday price charts }
R3;M5;R2;M4;R1;M3;
Pivot;
M2;S1;M1;S2;M0;S3

0 comments

Leave Comment

Please login here to leave a comment.

Back