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I have been reading John Persons new boo with his COMAS method and was hoping to find someone that has built his indicator. The indicator is a moving avergae of 1 3 period pivot witrh an overaly of another moving average of 1 period pivot. Can anyone code this? I can share the rerst of the system if anyone is interested. I have noticed similiar requests but have not found the indicator, so maybe it does exist here already
Have enclosed .mq4 file for a plotting Pivot Points.
It has one serious problem in that on Monday it plots the pivots just based on the partial days data from Sunday evening when the forex markets reopen. This invariably means that the Pivots on your chart on Monday are effectrively worthless as they are all scrunched together!
Can anyone adjust the code so that for Monday the Pivots plotted ignore the partial days data from Sunday evening? i.e. effectively for plotting Mondays pivots it needs to capture the data from Fridays data BUT then including the partial days(Sunday) data too, like Friday is effectively just a longer day.
Have enclosed .mq4 file for a plotting Pivot Points.
It has one serious problem in that on Monday it plots the pivots just based on the partial days data from Sunday evening when the forex markets reopen. This invariably means that the Pivots on your chart on Monday are effectrively worthless as they are all scrunched together!
Can anyone adjust the code so that for Monday the Pivots plotted ignore the partial days data from Sunday evening? i.e. effectively for plotting Mondays pivots it needs to capture the data from Fridays data BUT then including the partial days(Sunday) data too, like Friday is effectively just a longer day.
Cheers for your help!
Dave
I moved your post to this pivot thread as it should be some indicators without Sunday's data. Check this thread from the beginning.
Sorry I will try again. Could anyone help me in getting a pivot based moving average. I am looking for an indicator that will plot the pivot point for a certain period as a moving average?
Quote:
Originally Posted by scottyb159
Hello everyone,
I have been reading John Persons new boo with his COMAS method and was hoping to find someone that has built his indicator. The indicator is a moving avergae of 1 3 period pivot witrh an overaly of another moving average of 1 period pivot. Can anyone code this? I can share the rerst of the system if anyone is interested. I have noticed similiar requests but have not found the indicator, so maybe it does exist here already
Sorry I will try again. Could anyone help me in getting a pivot based moving average. I am looking for an indicator that will plot the pivot point for a certain period as a moving average?
I believe this is already made it.
Take a search.
I remember some indicators like dynamic pivots and others.
I stopped by here in search for the "perfect" PIVOT but could not find it... so I am inviting everybody to my new Open House to participate in the inception of ERIDU - CounterTrend Pivot TS...
__________________
"Nothing is obtained simply by wanting and nothing is achieved by relinquishing responsibility to higher authority. Belief is the act of be-living, for to be-live is to believe, and will - is the ultimate medium of the self" - Enki: 4500 BC
Sorry I will try again. Could anyone help me in getting a pivot based moving average. I am looking for an indicator that will plot the pivot point for a certain period as a moving average?
I've seen Person's dvd "Forex Conquered". All you need to do on a daily chart is create a simple 3-period moving average and use "Typical Price", and then create another one using 1 period and Typical Price. The crossovers are exactly what he discusses. Mission accomplished.
can you explain what you mean by typical price and what you mean about "use" it? I thought its a 3 period Pivot moving average not just a simple moving average?
Quote:
Originally Posted by bluto
I've seen Person's dvd "Forex Conquered". All you need to do on a daily chart is create a simple 3-period moving average and use "Typical Price", and then create another one using 1 period and Typical Price. The crossovers are exactly what he discusses. Mission accomplished.
can you explain what you mean by typical price and what you mean about "use" it? I thought its a 3 period Pivot moving average not just a simple moving average?
When you create the MA's, select "Typical Price" in the Apply To dropdown. Typical Price is (H+L+C)/3, and is what Person uses for the daily pivot value. When the 1-Period MA crosses up over the 3-Period MA, this indicates a bullish period and you trade between the S1 and R2 pivots keeping an eye out for high-close and low-close doji's near the support/resistance lines. When the 1-Period MA crosses down, that indicates a bearish period and you trade between R1 & S2. It actually works pretty good.
When you create the MA's, select "Typical Price" in the Apply To dropdown. Typical Price is (H+L+C)/3, and is what Person uses for the daily pivot value. When the 1-Period MA crosses up over the 3-Period MA, this indicates a bullish period and you trade between the S1 and R2 pivots keeping an eye out for high-close and low-close doji's near the support/resistance lines. When the 1-Period MA crosses down, that indicates a bearish period and you trade between R1 & S2. It actually works pretty good.
As usual Bluto, your expertise, knowledge and contribution to the community is much appreciated... thank you for sharing... and teaching the... to be, traders...
Would you know what time frame and which MA are being used at Person's...? -tks
When you will have some time... do show up at the ERIDU... your input will be appreciated...
__________________
"Nothing is obtained simply by wanting and nothing is achieved by relinquishing responsibility to higher authority. Belief is the act of be-living, for to be-live is to believe, and will - is the ultimate medium of the self" - Enki: 4500 BC
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