Pivot range

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Pivot range

Postby ken.q.do » Mon Aug 16, 2010 11:35 am

Hi,

Was wondering if someone could help me with a pivot range indicator. Tried modifying values for current pivot indicator but couldn't get the resistance and support levels to show.

Basically the pivot range calculations are:

Daily Pivot Price = (previous day high + previous day low + previous day close) / 3

Second number = (previous day high + previous day low) / 2

Daily Pivot Differential = Second number - Daily Pivot Price

Range number 1 = Daily Pivot Price + Daily Pivot Differential
Range number 2 = Daily Pivot Price - Daily Pivot Differential

Need the Range numbers to be charted like the current default pivot indicator's pivot number. The pivot range is used in the acd system by Mark Fisher. :D

Thanks in advance for the help

Ken
ken.q.do
 
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Re: Pivot range

Postby Apprentice » Tue Aug 17, 2010 5:58 am

Added to development cue.
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Apprentice
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