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ATR Pivots for Metastock
matz
about 9 years ago
Metastock

Rating:
0 / 5 (Votes 0)
Tags:
metastock, pivots

Pivots can for instance be used to look for price patterns or used in pattern exploration indicators.

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Indicator / Formula

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periods:=Input("ATR Periods?",1,100,10);
TH:=If(Ref(C,-1) > H,Ref(C,-1),H);
TL:=If(Ref(C,-1) < L,Ref(C,-1),L);
TR:=TH-TL;
R#1:=C+Mov(TR,periods,S);
S#1:=C-Mov(TR,periods,S);
Ref(R#1,-1);Ref(S#1,-1);

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