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  #1 (permalink)  
Old 06-02-2007, 07:23 PM
vin vin is offline
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Smile Pivot points
Can anyone code an indicator to calculate and display daily pivot points the formulas are as follows

Resistance 3 = High + 2*(Pivot - Low)
Resistance 2 = Pivot + (R1 - S1)
Resistance 1 = 2 * Pivot - Low
Pivot Point = ( High + Close + Low )/3
Support 1 = 2 * Pivot - High
Support 2 = Pivot - (R1 - S1)
Support 3 = Low - 2*(High - Pivot

Can the pivot point be certain colour and the support red and resistance green
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Old 06-03-2007, 01:53 AM
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Do a search and you will find many pivot/sup/res indicators...More than you could ever dream of!!

This will also save you alot of time
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Old 06-03-2007, 05:57 AM
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some pivot indicators here
Attached Files
File Type: mq4 ##Auto Pivot.mq4 (14.1 KB, 113 views)
File Type: mq4 #AutoPivotIndicator.mq4 (9.2 KB, 157 views)
File Type: mq4 #Monthly Pivot Lines.mq4 (3.6 KB, 78 views)
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Old 06-03-2007, 08:13 AM
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- pivot indicators are here. Start from the post #1.
- Pivot range: good public thread with indicators and system developing.
- Pivot indicators ('elite indicators' thread in elite section).
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Old 06-03-2007, 12:33 PM
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pivot with alert
hi newdigital

plz i need pivot with alert ( r3,...........)00
thank you
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Old 06-03-2007, 02:20 PM
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Quote:
Originally Posted by fawaz
hi newdigital

plz i need pivot with alert ( r3,...........)00
thank you
The only way to find it is to look at this alert thread Indicators with alert/signal
Thread is very big but may be you will find. Sorry I do not have it inside my computer now.
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Old 06-09-2007, 05:26 PM
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mtf pivot with SR level here.very simple and useful!enjoy
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File Type: mq4 ###Auto Pivot.mq4 (15.4 KB, 103 views)
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