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Pivot Points for Amibroker (AFL)
harrylim
about 10 years ago
Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
amibroker, pivots

Determine the support and resistance level for tomorrow trade.

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_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

1. harrylim

Determine the pivot points including tomorrow pivot points.

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