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Tomorrow's pivots for Amibroker (AFL)

4 / 5 (Votes 5)
amibroker, pivots

Something very interesting from PATRICK DOHERTY!
Plot tomorrow’s pivots on an intraday database.
Drag and drop on the price chart and see what hapenned!
I think it might be useful on EOD chart too…

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Indicator / Formula

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//I had been struggling with the code to Plot todays pivots from yesterdays price
//when using an intraday database.There were none available in the Amibroker library
//which plotted correctly the pivots for tomorrow on a intraday database.
//I checked the Amibroker forum AND found the following. Thank you goes to sdebu_2k.
//If you wish to go to the forum search for "plotting tomorrow pivots".
//This routine provides todays quotes in the Title bar AND holds the todays pivots constant
//in the Title bar as well. The plotted pivots moves to the next Day
//when entering into the next Day. Absolutely brilliant! Thank you.
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +"
{{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
H1=SelectedValue( TimeFrameGetPrice( "H", inDaily, -1 ));
L1=SelectedValue(TimeFrameGetPrice( "L", inDaily, -1 ));
C1=SelectedValue(TimeFrameGetPrice( "C", inDaily, -1 ));
/*PIVOT Calculation*/
p = ( H1+ L1 + C1 )/3;
s1 = (2*p)-H1;
r1 = (2*p)-L1;
s2 = p -(H1 - L1);
s3 = S1 - (H1-L1);
r2 = p +(H1 - L1);
r3 = R1 +(H1-L1);

Plot (p,"Pivot",25,styleDots);
Plot (r1,"R1",12,1);
Plot (r2,"R2",12,1);
Plot (r3,"R3",12,1);
Plot (s1,"S1",3,1);
Plot (s2,"S2",3,1);
Plot (s3,"S3",3,1);


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