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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.
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.
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!
thx for these indicators Shinigami,
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
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.
that's good idea for re entry trade...
i will check it out