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26 | 74.29% |
| good |
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5 | 14.29% |
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Interesting
Hi Stevenali
Seems interesting. I see that you use also fibonacci, Maybe for target purpose. Did you test this yet or not?...... Anyway, nice observation. The pivot calculation is (high+low+close)/3, how does we calculate the floating one, could you please post. See you around. |
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Ok Stevenali, thanks for opening this thread, since you shared this indicator with me I have been playing with some trend / timing ideas...
I attach this chart where we can clearly see the pivot and the floting line establishing a trend... while that gets clear like butter you can try some timing alternatives with this clean and leading oscillators (polished cci`s)... comments and better ideas are welcomed.... thanks Walter. Last edited by walterw; 07-10-2007 at 12:48 AM. |
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Thanks for sharing!
I'm uploading 2 more indicators with popular pivots - High+Low+Close/3 and Open as pivot. That will only change the line of pivot, floating pivot remains unchanged. By standard indicator we had to buy now, while by open indicator we had to sell now. Standard pivot doesn't differ much. Good pips to everyone!
__________________
MQL4 programming is easy ^^ |
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combining these two pivot (open and close) can help us to stay at sideways market and cross of open and close daily pivots show us the direction of trend ![]() |
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i will check it out thx walterw |
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Nice, nice... this looks good and simple...
As requested by PM I attach my CCi`s from previous post... First one is a Digital cci woodies 14/14 and added with drag and drop method from navigator a simple moving average 7 of first ind data Second one is an FX sniper t3 cci 7/3/0.618 and added with drag and drop method from navigator a simple moving average 4 of first ind data cheers Walter. |
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