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jmi88

Floor Trader Pivot Code Help....

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Im plotting my daily pivot numbers that use the previous days OHLC of the FULL session...i.e. mini dow from 18:15 to 16:00 the next day. I modified the 'Floor Trader Pivots' indicator and just put in my formula in lieu of the other, but that dosent really matter cause its just a differnet mathmatical formula...but when I apply it to a chart with the sessions set at either 24 hours or 18:15-16:00 it starts the new day at midnight always, I cant seem to get it to use the data crossing over into a new day.....It works fine if I just use the pit session only data cause its just encompassing one day, not over midnight...I was wondering if there is there a way to use the data from a session that goes overnight as most markets do?

 

 

This is the original "floor traders pivots" code..like I said if you plot it with a session that goes overnight it uses data begining at midnight as the new day, I'd like it to use the data from i.e. 18:15monday-16:00tuesday. Thanks for any help.

 

Plots lines at floor trader pivot levels, based on the following formulae: 

Resistance Level 3 = R3 = R2 + YestHigh - YestLow 
Resistance Level 2 = R2 = PP + YestHigh - YestLow 
Resistance Level 1 = R1 = PP * 2 - YestLow 
PivotPoint = PP = ( YestHigh + YestLow + YestClose ) / 3 
Support Level 1 = S1 = PP * 2 - YestHigh 
Support Level 2 = S2 = PP - YestHigh + YestLow 
Support Level 3 = S3 = S2 - YestHigh + YestLow 

Input specifies whether R3 and S3 are plotted in addition to the 5 lines at PP, S1, 
S2, R1, and R2. 
} 

inputs: 
  Plot_5or7( 5 ) ; { if 7, adds plots for S3 and R3 to other 5 lines } 

variables: 
   S1( 0 ), 
  S2( 0 ), 
  S3( 0 ), 
  R1( 0 ), 
  R2( 0 ), 
  R3( 0 ), 
  PP( 0 ), 
  TodaysHigh( 0 ), 
  YestHigh( 0 ), 
  TodaysLow( 0 ), 
  YestLow( 0 ), 
  TodaysClose( 0 ), 
  YestClose( 0 ), 
  Counter( 0 ) ; 

if Date <> Date[1] then 
  begin 
  { increment Counter to be sure enough data is processed - see comment below } 
  Counter = Counter + 1 ; 
  YestHigh = TodaysHigh ; 
  YestLow = TodaysLow ; 
  YestClose = Close[1] ; 
  TodaysHigh = High ; 
     TodaysLow = Low ; 
  PP = ( YestHigh + YestLow + YestClose ) / 3 ; 
  R1 = PP * 2 - YestLow ; 
  R2 = PP + YestHigh - YestLow ; 
  R3 = R2 + YestHigh - YestLow ; 
  S1 = PP * 2 - YestHigh ; 
  S2 = PP - YestHigh + YestLow ; 
  S3 = S2 - YestHigh + YestLow ; 
  end 
else 
  begin 
  if High > TodaysHigh then 
     TodaysHigh = High ; 
  if Low < TodaysLow then 
     TodaysLow = Low ; 
  end ; 

if Counter >= 2 and BarType < 3 then { if at least one full day's data has been 
processed and chart bar interval is daily, intra-day, or tick bar then plot } 
  begin 
  if Plot_5or7 = 7 then 
     Plot1( R3, "R3" ) ; 
  Plot2( R2, "R2" ) ; 
  Plot3( R1, "R1" ) ; 
  Plot4( PP, "PP" ) ; 
  Plot5( S1, "S1" ) ; 
  Plot6( S2, "S2" ) ; 
  if Plot_5or7 = 7 then 
      Plot7( S3, "S3" ) ; 
  end ; 

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jmi88,

 

Here is a few things to consider... Your code has an if statement like this "if Date <> Date[1]". This code will kick off on the new day at midnight. Also, check the session that you're using for the chart. If you're still having problems, post a picture of the chart with the indicator, your session settings, and your timezone and I'll try to help.

 

Regards,

Antonio

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