Require Pivot Point Formula for Metastock

#1
Hi Friends,

I want to know ho to apply pivot point formula in metastock from Indicator Builder. If anybody knows, please give me the formula

and how to place pivot on the leftside column of graph

Regards
Manish
 

AJAY

Active Member
#2
Hi Manish,

Is it that you require the floor pivots (like R1 R2 S1 S2) to be plotted on intraday charts or Chart Pivots like peaks and troughs? Please explain so that I might post the formula.

Regards
Ajayakumar
 

sikandar

Active Member
#3
Hi ajay
Can you post a ms indicator for profit curve for a simble system which contains LE, ma crossover. LX, atr exit. SE ma crossover,SX,atr exit.
Thanks in advance.
sikandar
 
#4
I want pivot R1 R2 R3 to be displayed on charts. I tried formula for indicator but i get linecurved lines and when i place mouse pointer on line it shows me the value of R1 / S1. But i want that the value should be displayed. if you have formula please send me.

regards manish
 
#6
I want pivot R1 R2 R3 to be displayed on charts. I tried formula for indicator but i get linecurved lines and when i place mouse pointer on line it shows me the value of R1 / S1. But i want that the value should be displayed. if you have formula please send me.

regards manish
You can try this:
F:=PeakBars(1,Zig(DayOfMonth(),1,$),1)=0 OR
Cum(1)=LastValue(Cum(1));
M:=ValueWhen(2,1,F);
Hm:=ValueWhen(1,F,HighestSince(1,M,H));
Lm:=ValueWhen(1,F,LowestSince(1,M,L));
Cm:=ValueWhen(1,F,C);
Om:=ValueWhen(1,F,ValueWhen(1,M,O));
Om:=ValueWhen(1,Om>0,Om);
Hm:=ValueWhen(1,Hm>0,Hm);
Lm:=ValueWhen(1,Lm>0,Lm);

x:=Hm;
y:=Lm;

(x+y+Cm)/3+x-y;
(x+y+Cm)/3*2-y;

(x+y+Cm)/3*2-x;
(x+y+Cm)/3-x+y;
:thumb:par2232
 
#7
you can try this one:
F:=PeakBars(1,Zig(DayOfMonth(),1,$),1)=0 OR
Cum(1)=LastValue(Cum(1));
M:=ValueWhen(2,1,F);
Hm:=ValueWhen(1,F,HighestSince(1,M,H));
Lm:=ValueWhen(1,F,LowestSince(1,M,L));
Cm:=ValueWhen(1,F,C);
Om:=ValueWhen(1,F,ValueWhen(1,M,O));
Om:=ValueWhen(1,Om>0,Om);
Hm:=ValueWhen(1,Hm>0,Hm);
Lm:=ValueWhen(1,Lm>0,Lm);

x:=Hm;
y:=Lm;

(x+y+Cm)/3+x-y;
(x+y+Cm)/3*2-y;

(x+y+Cm)/3*2-x;
(x+y+Cm)/3-x+y;

par2232
 
#8
Hi Manish,

Is it that you require the floor pivots (like R1 R2 S1 S2) to be plotted on intraday charts or Chart Pivots like peaks and troughs? Please explain so that I might post the formula.

Regards
Ajayakumar
Hi Ajaykumar,

Yes I am also looking for the same. I want the floor pivots Like( R3 R2 R1 (P.P) S1 S2 S3) I want to plot these values directly on the chart with horizontal lines only after last trading day And the values should display at the end of the lines. If i get the option to change the period like daily, weekly, Monthly, Keeping the same period chart will be great. If you want to see the example see the fibotrader software.

Thanks and regards,
From,
trademvs.
 

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