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Soultrader

Soultrader's Pivots for Tradestation

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This is a Tradestation release for custom pivot points. This indicator has been made to use the following formula:

 

Soultrader's Pivot Points

 

R3 = R1 + RANGE

R2 = PP + RANGE

R1 = (2 * PP) - LOW

PP = (HIGH + LOW + CLOSE) / 3

S1 = (2 * PP) - HIGH

S2 = PP - RANGE

S3 = S1 - RANGE

 

Following features:

 

1. Allows user to enable or disable midpoints.

2. Allows user to enable or disable weekly and monthly pivots.

3. User can change the color and style of horizontal lines. If you prefer dotted lines over solid, this can be changed.

4. Easy language code can be adjusted to fit your needs. If you prefer to use a different formula, this can be edited.

 

All you need to do is plot the high, low, and close and the indicator will draw the lines automatically on your charts.

 

All credits go out to Antonio (ant) for releasing this indicator. You may not redistribute this indicator without the permission of Antonio.

 

Special thanks goes out to Antonio for making this for me. It has helped me save alot of time.

 

Please click install if you download this indicator for notifications of upates.

SOULTRADERPIVOTS.ELD

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Soul:

Is there anyway to program each pivot levels' label? For example, "Daily R1" right above that particular pivot so as the day progresses the label stays visible in the area of the chart currently being viewed?

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Soul:

Is there anyway to program each pivot levels' label? For example, "Daily R1" right above that particular pivot so as the day progresses the label stays visible in the area of the chart currently being viewed?

 

Attached is the SoultraderPivots indicator with labels, excluding the midpoints. If you want labels for the midpoints, review the code and just follow suit. This enhancement has been requested by several people and the changes are fairly straightforward so I thought I'd make it available.

 

James, you may want to replace the original indicator with this one.

SOULTRADERPIVOTS.ELD

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When I put the soultrader pivots on my chart the labels show for a few seconds then disappear. Has anyone had the same problem?

 

Yes, until Ant told me to remove the selection "Update value intra-bar (tick-by-tick)" under the General tab when you format the analysis technique.

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Is there any similar indicator for esignal ?

These code are for esignal pivots. If someone can convert in tradestation it's arrange all the problem that indicator have.

 

philloo

 

 

 

Fix History:

 

02/02/2005 - Initial Release

1.0.0

 

=====================================================================

Project Description:

 

 

Dislaimer: For educational purposes only! Obviously, no guarantees

whatsoever and use at your own risk.

 

**********************************************************************/

 

// globals

var vOutputArray = null;

var vResultArray = null;

var vLastSeenDay = null;

 

//pivot line labels ( Daily, Weekly and Monthly)

var vTitleArray = new Array("R3", "M6", "R2", "M5", "R1", "M4", "PP", "M3", "S1", "M2", "S2", "M1", "S3");

var vLabelArray = new Array("Daily R3","Midpoint","Daily R2","Midpoint","Daily R1","Midpoint","Daily PP","Midpoint","Daily S1","Midpoint","Daily S2","Midpoint","Daily S3");

var vLabelArrayW = new Array("Weekly R3","WMidpoint","Weekly R2","WMidpoint","Weekly R1","WMidpoint","Weekly PP","WMidpoint","Weekly S1","WMidpoint","Weekly S2","WMidpoint","Weekly S3");

var vLabelArrayM = new Array("Monthly R3","MMidpoint","Monthly R2","MMidpoint","Monthly R1","MMidpoint","Monthly PP","MMidpoint","Monthly S1","MMidpoint","Monthly S2","MMidpoint","Monthly S3");

 

//pivot line Colors in same order as labels above (e.g., R2=darkgreen, M4=blue, etc.)

var vColorArray = new Array( Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow );

 

//pivot line types

var vTypeArray = new Array( "DASH", "DASHDOT", "DASH", "DASHDOT", "DASH", "DASHDOT", "SOLID", "DASHDOT", "DASH", "DASHDOT", "DASH", "DASHDOT", "DASH" );

 

//pivot line thicknesses

var vThickArray = new Array(1,1,1,1,1,1,3,1,1,1,1,1,1);

 

var vButLabels = new Array("", "Proj", "Gap1", "Gap2", "Reg", "(-)" );

var aFPArray = new Array();

var vInterval = null;

var vSymbol = null;

 

var nOffset = 2; //# of bars shifted to the right (from most current bar ) that you want to print the text

var nColor = Color.navy; //Color for the text labels

var sFont = "Arial"; //Font to use for the text

var nFontSize = 10; //Font size for the text.

var nPct = 100; //limit percentage

 

var bCursorLabels = false; //show all of the cursor labels in the data window??

var nMaxDays = 20; //# of days to display

var _nProject = null;

var _nLabels = null;

var _nGap = null;

var _nFlatLines = true;

var _nHLC = false;

var _nLimitPct = null;

var grID = 20;

 

var nCurHigh = 0;

var nCurLow = 0;

var nCurOpen = 0;

var nCurClose = 0;

var nTMP = 0; //today's in-progress Mid Point

var vToday = 0;

var vNow = null;

var vCalcInterval = "D";

var vTempDay = null;

 

var tdayO = 0; //today's open

var ydayO = 0; //yesterday's open

var ydayH = 0; //yesterday's high

var ydayL = 0; //yesterday's low

var ydayC = 0; //yesterday's close

var P = 0; //pivot

var MP = 0; //Midpoint

var W = 0; //Waist

var R1 = 0; //R1

var S1 = 0; //S1

var R2 = 0; //R2

var S2 = 0; //S2

var R3 = 0; //R3

var S3 = 0; //S3

 

var done = false;

var bInitialized = false;

 

function preMain() {

var x;

setPriceStudy(true);

setStudyTitle("TTM-Pivots (Daily)");

setShowTitleParameters(false);

 

for (x=0; x<vLabelArray.length; x++) {

setCursorLabelName(vLabelArray[x], x);

setDefaultBarStyle(eval( "PS_"+vTypeArray[x] ), x);

setDefaultBarFgColor(vColorArray[x], x);

setDefaultBarThickness(vThickArray[x], x);

}

 

 

 

 

setShowCursorLabel(bCursorLabels);

vLastSeenDay = null;

vOutputArray = null;

vResultArray = new Array();

 

//initialize formula parameters

x=0;

aFPArray[x] = new FunctionParameter( "frOpen", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Override Open" );

setLowerLimit(0);

setDefault(0);

}

x++;

aFPArray[x] = new FunctionParameter( "frHigh", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Override High" );

setLowerLimit(0);

setDefault(0);

}

x++;

aFPArray[x] = new FunctionParameter( "frLow", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Override Low" );

setLowerLimit(0);

setDefault(0);

}

x++;

aFPArray[x] = new FunctionParameter( "frClose", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Override Close" );

setLowerLimit(0);

setDefault(0);

}

x++;

aFPArray[x] = new FunctionParameter( "frMid", FunctionParameter.STRING);

with( aFPArray[x] ) {

setName( "Display MidPoints?" );

addOption( "T" );

addOption( "F" );

setDefault( "T" );

}

x++;

aFPArray[x] = new FunctionParameter( "frGap", FunctionParameter.STRING);

with( aFPArray[x] ) {

setName( "Apply Gap?" );

addOption( "T" );

addOption( "F" );

setDefault( "F" );

}

x++;

aFPArray[x] = new FunctionParameter( "frLabels", FunctionParameter.STRING);

with( aFPArray[x] ) {

setName( "Show Cursor Labels?" );

addOption("T");

addOption("F");

setDefault("T");

}

x++;

aFPArray[x] = new FunctionParameter( "frLabColor", FunctionParameter.COLOR);

with( aFPArray[x] ) {

setName( "Cursor Label Color" );

setDefault( Color.yellow );

}

x++;

aFPArray[x] = new FunctionParameter( "frDays", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Days to Display" );

setLowerLimit(1);

setUpperLimit(50);

setDefault(1);

}

x++;

aFPArray[x] = new FunctionParameter( "frInterval", FunctionParameter.STRING);

with( aFPArray[x] ) {

setName( "Pivot Type" );

addOption("Daily");

addOption("Weekly");

addOption("Monthly");

setDefault("Daily");

}

x++;

y=x;

for( z=0; z<vTitleArray.length; z++ ) {

aFPArray[y] = new FunctionParameter( "frColor"+(z+1), FunctionParameter.COLOR);

with( aFPArray[y] ) {

setName( vTitleArray[z] + " Color" );

setDefault( vColorArray[z] );

}

y++;

aFPArray[y] = new FunctionParameter( "frThick"+(z+1), FunctionParameter.NUMBER);

with( aFPArray[y] ) {

setName( vTitleArray[z] + " Thickness" );

setDefault( vThickArray[z] );

}

y++;

aFPArray[y] = new FunctionParameter( "frStyle"+(z+1), FunctionParameter.STRING);

with( aFPArray[y] ) {

setName( vTitleArray[z] + " Style" );

addOption( "SOLID" );

addOption( "DASH" );

addOption( "DASHDOT" );

addOption( "DASHDOTDOT" );

setDefault( vTypeArray[z] );

}

y++;

 

}

}

 

 

function main( frOpen, frHigh, frLow, frClose, frMid, frGap, frLabels, frLabColor, frDays, frInterval,

frColor1, frThick1, frStyle1, frColor2, frThick2, frStyle2, frColor3, frThick3,

frStyle3, frColor4, frThick4, frStyle4, frColor5, frThick5, frStyle5, frColor6,

frThick6, frStyle6, frColor7, frThick7, frStyle7, frColor8, frThick8, frStyle8,

frColor9, frThick9, frStyle9, frColor10, frThick10, frStyle10, frColor11, frThick11,

frStyle11, frColor12, frThick12, frStyle12, frColor13, frThick13, frStyle13 ) {

 

 

// initialize upon first loading formula

if(getBarState() == BARSTATE_ALLBARS) {

//get today's date stamp

vNow = new Date();

//get our bar interval

vInterval = getInterval();

//get our symbol

vSymbol = getSymbol().toUpperCase();

 

// for RTH, eg, to convert, ES Z2 to ES Z2=2

var rootSymbol = vSymbol.substring(0,3);

if (rootSymbol == "ES " || rootSymbol == "NQ ") {

if ( vSymbol.indexOf("=2") == -1 ) {

vSymbol += "=2";

}

}

 

return null;

}

 

// return null if not an intraday chart

if(vInterval == null || vInterval == "D" ||

vInterval == "W" || vInterval == "M" || vInterval == "T")

return null;

 

 

if ( bInitialized == false ) {

 

_nProject = 0;

_nLabels = frLabels == "T" ? 1 : 0;

_nGap = frGap=="T" ? 1 : 0;

_nFlatLines = true;

_nHLC = false;

_nLimitPct = 100.0;

nColor = frLabColor;

nMaxDays = Math.round( frDays );

vCalcInterval = frInterval[0];

 

for ( x=0; x<vLabelArray.length; x++ ) {

vColorArray[x] = eval( "frColor"+(x+1) );

vThickArray[x] = eval( "frThick"+(x+1) );

vTypeArray[x] = eval( "frStyle"+(x+1) );

}

 

for ( x=0; x<vLabelArray.length; x++ ) {

setDefaultBarStyle(eval( "PS_"+vTypeArray[x] ), x);

setDefaultBarFgColor(vColorArray[x], x);

setDefaultBarThickness(vThickArray[x], x);

}

 

 

//set plot type to flat lines if user selected this option

if (_nFlatLines==true) {

for (x=0; x<vLabelArray.length; x++) {

setPlotType(PLOTTYPE_FLATLINES, x);

}

}

 

 

vSymbol += ","+vCalcInterval;

 

//get the date stamp of the most recent bar

vTempDay = new Date( getValueAbsolute( "time", 0 ) );

 

//now move back by the number of days specified by the user, skipping weekends

for ( x=1; x<nMaxDays; x++ ) {

vTempDay.setDate( vTempDay.getDate()-1 );

if (vTempDay.getDay() == 6) {

vTempDay.setDate( vTempDay.getDate()-1 );

}

if (vTempDay.getDay() == 0) {

vTempDay.setDate( vTempDay.getDate()-2 );

}

}

 

//set the date/time stamp to the very beginning of the day

vTempDay.setHours( 0, 0, 0 );

 

bInitialized = true ;

}

 

 

// if first bar in new day, get and save yesterday's data

var vThisDay = null;

if ((vLastSeenDay != (vThisDay = getDay(0)) )) {

 

 

vToday = new Date( getValue( "time", 0 ) );

if ( vToday<vTempDay ) return;

 

var vTime = getValue( "rawtime", 0 );

if(vTime != null) {

 

if (_nProject != 0) {

 

//We don't project if interval is not daily

//if (vCalcInterval != "D") return;

 

if (vCalcInterval!="D") {

vTime = getValue("time", 0 );

vIndex = getWM( vTime, vCalcInterval);

}

//otherwise, get offset to correct daily bar

else {

var vIndex = getFirstBarIndexOfDay(vTime,vSymbol);

}

 

 

 

//we want to use today's data to project tomorrows

//pivot points so we have to draw the lines manually

//var vIndex = getFirstBarIndexOfDay(vTime,vSymbol);

if(vIndex != null) {

ydayO = frOpen>0 ? frOpen : getValueAbsolute("Open", vIndex, vSymbol);

ydayH = frHigh>0 ? frHigh : getValueAbsolute("High", vIndex, vSymbol);

ydayL = frLow>0 ? frLow : getValueAbsolute("Low", vIndex, vSymbol);

ydayC = frClose>0 ? frClose : getValueAbsolute("Close", vIndex, vSymbol);

//calcuate Pivot

P = (ydayH + ydayL + ydayC) / 3;

//calculate yesterday's Midpoint

MP = (ydayH + ydayL)/2;

//calculate yesterday's Waist

W = (ydayO + ydayC)/2;

//calculate the R/S variables

R1 = 2 * P - ydayL;

S1 = 2 * P - ydayH;

R2 = (P - S1) + R1;

S2 = P - (R1 - S1);

R3 = (P + R2) - S1;

S3 = (P - R2) + S1;

 

M6 = (R2+R3)/2;

M5 = (R2+R1)/2;

M4 = (R1+P)/2;

M3 = (S1+P)/2;

M2 = (S2+S1)/2;

M1 = (S2+S3)/2;

 

 

clearLines();

clearText();

 

if ( frMid=="T" )

vOutputArray = new Array (R3,M6,R2,M5,R1,M4,P,M3,S1,M2,S2,M1,S3)

else

vOutputArray = new Array (R3,null,R2,null,R1,null,P,null,S1,null,S2,null,S3);

 

drawLines( vOutputArray );

vLastSeenDay = vThisDay;

return null;

}

return null;

}

else {

 

//Get today's open in case we need it for gaps

vToday = getFirstBarIndexOfDay( vTime, vSymbol);

if (vToday != null) {

tdayO = getValueAbsolute("Open", vToday, vSymbol );

}

 

 

//we are using yesterday's data to build today's pivots so

//just return the values as an array to eSignal

if (vCalcInterval=="D") {

var vYDay = getPreviousTradingDay(vTime,vSymbol);

}

else {

vTime = getValue( "time", 0 );

var vYDay = vTime;

}

if(vYDay != null) {

//if not on daily bars, find offset to correct weekly or monthly bar

if (vCalcInterval!="D") {

vIndex = getWM( vTime, vCalcInterval);

}

//otherwise, get offset to correct daily bar

else {

var vIndex = getFirstBarIndexOfDay(vYDay,vSymbol);

}

 

if(vIndex != null) {

 

ydayO = frOpen>0 ? frOpen : getValueAbsolute("Open", vIndex, vSymbol);

ydayH = frHigh>0 ? frHigh : getValueAbsolute("High", vIndex, vSymbol);

ydayL = frLow>0 ? frLow : getValueAbsolute("Low", vIndex, vSymbol);

ydayC = frClose>0 ? frClose : getValueAbsolute("Close", vIndex, vSymbol);

//calcuate Pivot

P = (ydayH + ydayL + ydayC) / 3;

//calculate yesterday's Midpoint

MP = (ydayH + ydayL)/2;

//calculate yesterday's Waist

W = (ydayO + ydayC)/2;

//calculate the R/S variables

R1 = 2 * P - ydayL;

S1 = 2 * P - ydayH;

R2 = (P - S1) + R1;

S2 = P - (R1 - S1);

R3 = (P + R2) - S1;

S3 = (P - R2) + S1;

 

M6 = (R2+R3)/2;

M5 = (R2+R1)/2;

M4 = (R1+P)/2;

M3 = (S1+P)/2;

M2 = (S2+S1)/2;

M1 = (S2+S3)/2;

 

 

 

//display full or half gap... only if daily bars being used for pivot

if ((_nGap>0) && (vCalcInterval=="D")) {

if (_nGap==1){

vGap = (tdayO-ydayC);

setStudyTitle("TTM-Pivots (Daily w/Gap)");

}

P += vGap;

R1 += vGap;

S1 += vGap;

R2 += vGap;

S2 += vGap;

R3 += vGap;

S3 += vGap;

M6 += vGap;

M5 += vGap;

M4 += vGap;

M3 += vGap;

M2 += vGap;

M1 += vGap;

}

 

if (vCalcInterval=="W") {

setStudyTitle("TTM-Pivots (Weekly)");

}

else if (vCalcInterval=="M") {

setStudyTitle("TTM-Pivots (Monthly)");

}

 

if ( frMid=="T" )

vOutputArray = new Array (R3,M6,R2,M5,R1,M4,P,M3,S1,M2,S2,M1,S3)

else

vOutputArray = new Array (R3,null,R2,null,R1,null,P,null,S1,null,S2,null,S3);

 

vResultArray = reduceLines( vOutputArray, _nLimitPct, close() );

 

 

if (_nLabels==1)

drawLabels( vResultArray );

 

vLastSeenDay = vThisDay;

return vResultArray;

}

}

return null;

}

}

}

// else just return the saved data

else {

if (_nProject==0) {

vResultArray = reduceLines( vOutputArray, _nLimitPct, close() );

if (_nLabels==1)

drawLabels( vResultArray );

return vResultArray;

}

}

 

}

 

 

 

//== Convert array elements to null if they are more than x% away from

//== the current price (reduces the nnumber of lines drawn on the screen)

 

function reduceLines( aArray, nCt, nPrice ) {

var x;

var xPct;

var xTmp;

var aReturn;

 

if (aArray==null) return;

 

xPct = nCt/100;

 

 

for (x=0; x<aArray.length; x++) {

if (aArray[x] != null) {

xTmp = Math.abs((aArray[x] - nPrice) / nPrice);

if (xTmp > xPct) {

aArray[x] = null;

}

}

}

 

aReturn = new Array();

for (x=0; x<aArray.length; x++) {

aReturn[x] = aArray[x];

}

 

return( aReturn );

 

}

 

 

 

//== Find the correct weekly or monthly bar based upon

//== the date passed to this function

function getWM( xTime, xInterval ) {

var x;

var c = xTime.getTime();

var d1;

var d2;

 

//Weekly and Monthly bars are date stamped with the last bar of week or month and

//time stamped at 00:00 hours which would be the morning of that day. To facilitate

//a comparison check, I add 1-day minus 1 millisecond to the value.

 

x = 0;

while( true ) {

d1 = getValueAbsolute("Time", -x, getSymbol()+","+xInterval ).getTime()+86399999;

d2 = getValueAbsolute("Time", -(x+1), getSymbol()+","+xInterval ).getTime()+86399999;

if ((d2==null) || (d1==null)) return( null );

if ((c>d2) && (c<=d1)) {

//we want the prior week or month so add 1 to the index

return( -(x+1) );

}

x++;

}

 

return( null );

 

}

 

 

//== gID function assigns unique identifier to graphic/text routines

function gID() {

grID++;

return( grID );

}

 

//== draw text labels for the s/r levels

function drawLabels( dataArray ) {

var x;

var sTmp;

var sPrice;

var xFlags;

 

if ( dataArray==null ) return;

 

//this prevents the labels from printing a gazillion times

//as the chart is being built. Speeds up processing

if (getCurrentBarIndex() != -1) return;

 

//cycle through the output array and add the corresponding prefix

//from the static label array

for (x=0; x<dataArray.length; x++) {

if (vCalcInterval=="D") sTmp = vLabelArray[x]+"=";

if (vCalcInterval=="W") sTmp = vLabelArrayW[x]+"=";

if (vCalcInterval=="M") sTmp = vLabelArrayM[x]+"=";

 

if ( dataArray[x] != null ) {

if (getBuildNumber() >= 564) {

sPrice = formatPriceNumber( dataArray[x] );

xFlags = Text.VCENTER | Text.BOLD | Text.ONTOP;

}

else {

sPrice = rnd( dataArray[x], 2 );

xFlags = Text.BOLD | Text.BOTTOM | Text.ONTOP;

}

 

drawTextAbsolute(nOffset, dataArray[x], sTmp+sPrice, nColor, null, xFlags , sFont, nFontSize, gID());

}

}

return;

}

 

 

//== rnd will round to N digits.

function rnd(value, N) {

var n;

var mult=1;

for(n=0;n<N;n++) mult*=10;

value*=mult;

return Math.round( value,N)/mult;

}

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These code are for esignal pivots. If someone can convert in tradestation it's arrange all the problem that indicator have.

 

philloo

 

 

 

Fix History:

 

02/02/2005 - Initial Release

1.0.0

 

=====================================================================

Project Description:

 

 

Dislaimer: For educational purposes only! Obviously, no guarantees

whatsoever and use at your own risk.

 

**********************************************************************/

 

// globals

var vOutputArray = null;

var vResultArray = null;

var vLastSeenDay = null;

 

//pivot line labels ( Daily, Weekly and Monthly)

var vTitleArray = new Array("R3", "M6", "R2", "M5", "R1", "M4", "PP", "M3", "S1", "M2", "S2", "M1", "S3");

var vLabelArray = new Array("Daily R3","Midpoint","Daily R2","Midpoint","Daily R1","Midpoint","Daily PP","Midpoint","Daily S1","Midpoint","Daily S2","Midpoint","Daily S3");

var vLabelArrayW = new Array("Weekly R3","WMidpoint","Weekly R2","WMidpoint","Weekly R1","WMidpoint","Weekly PP","WMidpoint","Weekly S1","WMidpoint","Weekly S2","WMidpoint","Weekly S3");

var vLabelArrayM = new Array("Monthly R3","MMidpoint","Monthly R2","MMidpoint","Monthly R1","MMidpoint","Monthly PP","MMidpoint","Monthly S1","MMidpoint","Monthly S2","MMidpoint","Monthly S3");

 

//pivot line Colors in same order as labels above (e.g., R2=darkgreen, M4=blue, etc.)

var vColorArray = new Array( Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow, Color.white, Color.yellow );

 

//pivot line types

var vTypeArray = new Array( "DASH", "DASHDOT", "DASH", "DASHDOT", "DASH", "DASHDOT", "SOLID", "DASHDOT", "DASH", "DASHDOT", "DASH", "DASHDOT", "DASH" );

 

//pivot line thicknesses

var vThickArray = new Array(1,1,1,1,1,1,3,1,1,1,1,1,1);

 

var vButLabels = new Array("", "Proj", "Gap1", "Gap2", "Reg", "(-)" );

var aFPArray = new Array();

var vInterval = null;

var vSymbol = null;

 

var nOffset = 2; //# of bars shifted to the right (from most current bar ) that you want to print the text

var nColor = Color.navy; //Color for the text labels

var sFont = "Arial"; //Font to use for the text

var nFontSize = 10; //Font size for the text.

var nPct = 100; //limit percentage

 

var bCursorLabels = false; //show all of the cursor labels in the data window??

var nMaxDays = 20; //# of days to display

var _nProject = null;

var _nLabels = null;

var _nGap = null;

var _nFlatLines = true;

var _nHLC = false;

var _nLimitPct = null;

var grID = 20;

 

var nCurHigh = 0;

var nCurLow = 0;

var nCurOpen = 0;

var nCurClose = 0;

var nTMP = 0; //today's in-progress Mid Point

var vToday = 0;

var vNow = null;

var vCalcInterval = "D";

var vTempDay = null;

 

var tdayO = 0; //today's open

var ydayO = 0; //yesterday's open

var ydayH = 0; //yesterday's high

var ydayL = 0; //yesterday's low

var ydayC = 0; //yesterday's close

var P = 0; //pivot

var MP = 0; //Midpoint

var W = 0; //Waist

var R1 = 0; //R1

var S1 = 0; //S1

var R2 = 0; //R2

var S2 = 0; //S2

var R3 = 0; //R3

var S3 = 0; //S3

 

var done = false;

var bInitialized = false;

 

function preMain() {

var x;

setPriceStudy(true);

setStudyTitle("TTM-Pivots (Daily)");

setShowTitleParameters(false);

 

for (x=0; x<vLabelArray.length; x++) {

setCursorLabelName(vLabelArray[x], x);

setDefaultBarStyle(eval( "PS_"+vTypeArray[x] ), x);

setDefaultBarFgColor(vColorArray[x], x);

setDefaultBarThickness(vThickArray[x], x);

}

 

 

 

 

setShowCursorLabel(bCursorLabels);

vLastSeenDay = null;

vOutputArray = null;

vResultArray = new Array();

 

//initialize formula parameters

x=0;

aFPArray[x] = new FunctionParameter( "frOpen", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Override Open" );

setLowerLimit(0);

setDefault(0);

}

x++;

aFPArray[x] = new FunctionParameter( "frHigh", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Override High" );

setLowerLimit(0);

setDefault(0);

}

x++;

aFPArray[x] = new FunctionParameter( "frLow", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Override Low" );

setLowerLimit(0);

setDefault(0);

}

x++;

aFPArray[x] = new FunctionParameter( "frClose", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Override Close" );

setLowerLimit(0);

setDefault(0);

}

x++;

aFPArray[x] = new FunctionParameter( "frMid", FunctionParameter.STRING);

with( aFPArray[x] ) {

setName( "Display MidPoints?" );

addOption( "T" );

addOption( "F" );

setDefault( "T" );

}

x++;

aFPArray[x] = new FunctionParameter( "frGap", FunctionParameter.STRING);

with( aFPArray[x] ) {

setName( "Apply Gap?" );

addOption( "T" );

addOption( "F" );

setDefault( "F" );

}

x++;

aFPArray[x] = new FunctionParameter( "frLabels", FunctionParameter.STRING);

with( aFPArray[x] ) {

setName( "Show Cursor Labels?" );

addOption("T");

addOption("F");

setDefault("T");

}

x++;

aFPArray[x] = new FunctionParameter( "frLabColor", FunctionParameter.COLOR);

with( aFPArray[x] ) {

setName( "Cursor Label Color" );

setDefault( Color.yellow );

}

x++;

aFPArray[x] = new FunctionParameter( "frDays", FunctionParameter.NUMBER);

with( aFPArray[x] ) {

setName( "Days to Display" );

setLowerLimit(1);

setUpperLimit(50);

setDefault(1);

}

x++;

aFPArray[x] = new FunctionParameter( "frInterval", FunctionParameter.STRING);

with( aFPArray[x] ) {

setName( "Pivot Type" );

addOption("Daily");

addOption("Weekly");

addOption("Monthly");

setDefault("Daily");

}

x++;

y=x;

for( z=0; z<vTitleArray.length; z++ ) {

aFPArray[y] = new FunctionParameter( "frColor"+(z+1), FunctionParameter.COLOR);

with( aFPArray[y] ) {

setName( vTitleArray[z] + " Color" );

setDefault( vColorArray[z] );

}

y++;

aFPArray[y] = new FunctionParameter( "frThick"+(z+1), FunctionParameter.NUMBER);

with( aFPArray[y] ) {

setName( vTitleArray[z] + " Thickness" );

setDefault( vThickArray[z] );

}

y++;

aFPArray[y] = new FunctionParameter( "frStyle"+(z+1), FunctionParameter.STRING);

with( aFPArray[y] ) {

setName( vTitleArray[z] + " Style" );

addOption( "SOLID" );

addOption( "DASH" );

addOption( "DASHDOT" );

addOption( "DASHDOTDOT" );

setDefault( vTypeArray[z] );

}

y++;

 

}

}

 

 

function main( frOpen, frHigh, frLow, frClose, frMid, frGap, frLabels, frLabColor, frDays, frInterval,

frColor1, frThick1, frStyle1, frColor2, frThick2, frStyle2, frColor3, frThick3,

frStyle3, frColor4, frThick4, frStyle4, frColor5, frThick5, frStyle5, frColor6,

frThick6, frStyle6, frColor7, frThick7, frStyle7, frColor8, frThick8, frStyle8,

frColor9, frThick9, frStyle9, frColor10, frThick10, frStyle10, frColor11, frThick11,

frStyle11, frColor12, frThick12, frStyle12, frColor13, frThick13, frStyle13 ) {

 

 

// initialize upon first loading formula

if(getBarState() == BARSTATE_ALLBARS) {

//get today's date stamp

vNow = new Date();

//get our bar interval

vInterval = getInterval();

//get our symbol

vSymbol = getSymbol().toUpperCase();

 

// for RTH, eg, to convert, ES Z2 to ES Z2=2

var rootSymbol = vSymbol.substring(0,3);

if (rootSymbol == "ES " || rootSymbol == "NQ ") {

if ( vSymbol.indexOf("=2") == -1 ) {

vSymbol += "=2";

}

}

 

return null;

}

 

// return null if not an intraday chart

if(vInterval == null || vInterval == "D" ||

vInterval == "W" || vInterval == "M" || vInterval == "T")

return null;

 

 

if ( bInitialized == false ) {

 

_nProject = 0;

_nLabels = frLabels == "T" ? 1 : 0;

_nGap = frGap=="T" ? 1 : 0;

_nFlatLines = true;

_nHLC = false;

_nLimitPct = 100.0;

nColor = frLabColor;

nMaxDays = Math.round( frDays );

vCalcInterval = frInterval[0];

 

for ( x=0; x<vLabelArray.length; x++ ) {

vColorArray[x] = eval( "frColor"+(x+1) );

vThickArray[x] = eval( "frThick"+(x+1) );

vTypeArray[x] = eval( "frStyle"+(x+1) );

}

 

for ( x=0; x<vLabelArray.length; x++ ) {

setDefaultBarStyle(eval( "PS_"+vTypeArray[x] ), x);

setDefaultBarFgColor(vColorArray[x], x);

setDefaultBarThickness(vThickArray[x], x);

}

 

 

//set plot type to flat lines if user selected this option

if (_nFlatLines==true) {

for (x=0; x<vLabelArray.length; x++) {

setPlotType(PLOTTYPE_FLATLINES, x);

}

}

 

 

vSymbol += ","+vCalcInterval;

 

//get the date stamp of the most recent bar

vTempDay = new Date( getValueAbsolute( "time", 0 ) );

 

//now move back by the number of days specified by the user, skipping weekends

for ( x=1; x<nMaxDays; x++ ) {

vTempDay.setDate( vTempDay.getDate()-1 );

if (vTempDay.getDay() == 6) {

vTempDay.setDate( vTempDay.getDate()-1 );

}

if (vTempDay.getDay() == 0) {

vTempDay.setDate( vTempDay.getDate()-2 );

}

}

 

//set the date/time stamp to the very beginning of the day

vTempDay.setHours( 0, 0, 0 );

 

bInitialized = true ;

}

 

 

// if first bar in new day, get and save yesterday's data

var vThisDay = null;

if ((vLastSeenDay != (vThisDay = getDay(0)) )) {

 

 

vToday = new Date( getValue( "time", 0 ) );

if ( vToday<vTempDay ) return;

 

var vTime = getValue( "rawtime", 0 );

if(vTime != null) {

 

if (_nProject != 0) {

 

//We don't project if interval is not daily

//if (vCalcInterval != "D") return;

 

if (vCalcInterval!="D") {

vTime = getValue("time", 0 );

vIndex = getWM( vTime, vCalcInterval);

}

//otherwise, get offset to correct daily bar

else {

var vIndex = getFirstBarIndexOfDay(vTime,vSymbol);

}

 

 

 

//we want to use today's data to project tomorrows

//pivot points so we have to draw the lines manually

//var vIndex = getFirstBarIndexOfDay(vTime,vSymbol);

if(vIndex != null) {

ydayO = frOpen>0 ? frOpen : getValueAbsolute("Open", vIndex, vSymbol);

ydayH = frHigh>0 ? frHigh : getValueAbsolute("High", vIndex, vSymbol);

ydayL = frLow>0 ? frLow : getValueAbsolute("Low", vIndex, vSymbol);

ydayC = frClose>0 ? frClose : getValueAbsolute("Close", vIndex, vSymbol);

//calcuate Pivot

P = (ydayH + ydayL + ydayC) / 3;

//calculate yesterday's Midpoint

MP = (ydayH + ydayL)/2;

//calculate yesterday's Waist

W = (ydayO + ydayC)/2;

//calculate the R/S variables

R1 = 2 * P - ydayL;

S1 = 2 * P - ydayH;

R2 = (P - S1) + R1;

S2 = P - (R1 - S1);

R3 = (P + R2) - S1;

S3 = (P - R2) + S1;

 

M6 = (R2+R3)/2;

M5 = (R2+R1)/2;

M4 = (R1+P)/2;

M3 = (S1+P)/2;

M2 = (S2+S1)/2;

M1 = (S2+S3)/2;

 

 

clearLines();

clearText();

 

if ( frMid=="T" )

vOutputArray = new Array (R3,M6,R2,M5,R1,M4,P,M3,S1,M2,S2,M1,S3)

else

vOutputArray = new Array (R3,null,R2,null,R1,null,P,null,S1,null,S2,null,S3);

 

drawLines( vOutputArray );

vLastSeenDay = vThisDay;

return null;

}

return null;

}

else {

 

//Get today's open in case we need it for gaps

vToday = getFirstBarIndexOfDay( vTime, vSymbol);

if (vToday != null) {

tdayO = getValueAbsolute("Open", vToday, vSymbol );

}

 

 

//we are using yesterday's data to build today's pivots so

//just return the values as an array to eSignal

if (vCalcInterval=="D") {

var vYDay = getPreviousTradingDay(vTime,vSymbol);

}

else {

vTime = getValue( "time", 0 );

var vYDay = vTime;

}

if(vYDay != null) {

//if not on daily bars, find offset to correct weekly or monthly bar

if (vCalcInterval!="D") {

vIndex = getWM( vTime, vCalcInterval);

}

//otherwise, get offset to correct daily bar

else {

var vIndex = getFirstBarIndexOfDay(vYDay,vSymbol);

}

 

if(vIndex != null) {

 

ydayO = frOpen>0 ? frOpen : getValueAbsolute("Open", vIndex, vSymbol);

ydayH = frHigh>0 ? frHigh : getValueAbsolute("High", vIndex, vSymbol);

ydayL = frLow>0 ? frLow : getValueAbsolute("Low", vIndex, vSymbol);

ydayC = frClose>0 ? frClose : getValueAbsolute("Close", vIndex, vSymbol);

//calcuate Pivot

P = (ydayH + ydayL + ydayC) / 3;

//calculate yesterday's Midpoint

MP = (ydayH + ydayL)/2;

//calculate yesterday's Waist

W = (ydayO + ydayC)/2;

//calculate the R/S variables

R1 = 2 * P - ydayL;

S1 = 2 * P - ydayH;

R2 = (P - S1) + R1;

S2 = P - (R1 - S1);

R3 = (P + R2) - S1;

S3 = (P - R2) + S1;

 

M6 = (R2+R3)/2;

M5 = (R2+R1)/2;

M4 = (R1+P)/2;

M3 = (S1+P)/2;

M2 = (S2+S1)/2;

M1 = (S2+S3)/2;

 

 

 

//display full or half gap... only if daily bars being used for pivot

if ((_nGap>0) && (vCalcInterval=="D")) {

if (_nGap==1){

vGap = (tdayO-ydayC);

setStudyTitle("TTM-Pivots (Daily w/Gap)");

}

P += vGap;

R1 += vGap;

S1 += vGap;

R2 += vGap;

S2 += vGap;

R3 += vGap;

S3 += vGap;

M6 += vGap;

M5 += vGap;

M4 += vGap;

M3 += vGap;

M2 += vGap;

M1 += vGap;

}

 

if (vCalcInterval=="W") {

setStudyTitle("TTM-Pivots (Weekly)");

}

else if (vCalcInterval=="M") {

setStudyTitle("TTM-Pivots (Monthly)");

}

 

if ( frMid=="T" )

vOutputArray = new Array (R3,M6,R2,M5,R1,M4,P,M3,S1,M2,S2,M1,S3)

else

vOutputArray = new Array (R3,null,R2,null,R1,null,P,null,S1,null,S2,null,S3);

 

vResultArray = reduceLines( vOutputArray, _nLimitPct, close() );

 

 

if (_nLabels==1)

drawLabels( vResultArray );

 

vLastSeenDay = vThisDay;

return vResultArray;

}

}

return null;

}

}

}

// else just return the saved data

else {

if (_nProject==0) {

vResultArray = reduceLines( vOutputArray, _nLimitPct, close() );

if (_nLabels==1)

drawLabels( vResultArray );

return vResultArray;

}

}

 

}

 

 

 

//== Convert array elements to null if they are more than x% away from

//== the current price (reduces the nnumber of lines drawn on the screen)

 

function reduceLines( aArray, nCt, nPrice ) {

var x;

var xPct;

var xTmp;

var aReturn;

 

if (aArray==null) return;

 

xPct = nCt/100;

 

 

for (x=0; x<aArray.length; x++) {

if (aArray[x] != null) {

xTmp = Math.abs((aArray[x] - nPrice) / nPrice);

if (xTmp > xPct) {

aArray[x] = null;

}

}

}

 

aReturn = new Array();

for (x=0; x<aArray.length; x++) {

aReturn[x] = aArray[x];

}

 

return( aReturn );

 

}

 

 

 

//== Find the correct weekly or monthly bar based upon

//== the date passed to this function

function getWM( xTime, xInterval ) {

var x;

var c = xTime.getTime();

var d1;

var d2;

 

//Weekly and Monthly bars are date stamped with the last bar of week or month and

//time stamped at 00:00 hours which would be the morning of that day. To facilitate

//a comparison check, I add 1-day minus 1 millisecond to the value.

 

x = 0;

while( true ) {

d1 = getValueAbsolute("Time", -x, getSymbol()+","+xInterval ).getTime()+86399999;

d2 = getValueAbsolute("Time", -(x+1), getSymbol()+","+xInterval ).getTime()+86399999;

if ((d2==null) || (d1==null)) return( null );

if ((c>d2) && (c<=d1)) {

//we want the prior week or month so add 1 to the index

return( -(x+1) );

}

x++;

}

 

return( null );

 

}

 

 

//== gID function assigns unique identifier to graphic/text routines

function gID() {

grID++;

return( grID );

}

 

//== draw text labels for the s/r levels

function drawLabels( dataArray ) {

var x;

var sTmp;

var sPrice;

var xFlags;

 

if ( dataArray==null ) return;

 

//this prevents the labels from printing a gazillion times

//as the chart is being built. Speeds up processing

if (getCurrentBarIndex() != -1) return;

 

//cycle through the output array and add the corresponding prefix

//from the static label array

for (x=0; x<dataArray.length; x++) {

if (vCalcInterval=="D") sTmp = vLabelArray[x]+"=";

if (vCalcInterval=="W") sTmp = vLabelArrayW[x]+"=";

if (vCalcInterval=="M") sTmp = vLabelArrayM[x]+"=";

 

if ( dataArray[x] != null ) {

if (getBuildNumber() >= 564) {

sPrice = formatPriceNumber( dataArray[x] );

xFlags = Text.VCENTER | Text.BOLD | Text.ONTOP;

}

else {

sPrice = rnd( dataArray[x], 2 );

xFlags = Text.BOLD | Text.BOTTOM | Text.ONTOP;

}

 

drawTextAbsolute(nOffset, dataArray[x], sTmp+sPrice, nColor, null, xFlags , sFont, nFontSize, gID());

}

}

return;

}

 

 

//== rnd will round to N digits.

function rnd(value, N) {

var n;

var mult=1;

for(n=0;n<N;n++) mult*=10;

value*=mult;

return Math.round( value,N)/mult;

}

I don't mention that the code are for the daliy pivots.

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Question -I downloaded these pivots and I love them. One problem. The labels on the pivots keep on dissapearing on my chart. Is there a way to make them stay on my chart? I appreciate the help.

 

TJ

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Question -I downloaded these pivots and I love them. One problem. The labels on the pivots keep on dissapearing on my chart. Is there a way to make them stay on my chart? I appreciate the help.

 

TJ

 

Yep...look back about 5 posts. ;)

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Hey Gang,

 

Another sily questions. I got the labels to stick on a 5 minute chart but cannot get them to stay on a tick chart. Does anyone know how to get the labels to show on a tick chart? I appreciate it

 

TJ

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Hi all. My first post (newbie). I love the site and cant express how appreciative I am for all the effort and support in this site. I have been experimenting with pivots a lot and in recent times the volatility has surpassed the s3 and r3 zones. I am new to programming in tradestation and would like to see if anyone could possibly update the "soultrader pivot point" to include a s4 and r4 for daily levels. I am playing with the code a little but am unsuccessful of late. Take care all and happy trading. :)

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Hi all. My first post (newbie). I love the site and cant express how appreciative I am for all the effort and support in this site. I have been experimenting with pivots a lot and in recent times the volatility has surpassed the s3 and r3 zones. I am new to programming in tradestation and would like to see if anyone could possibly update the "soultrader pivot point" to include a s4 and r4 for daily levels. I am playing with the code a little but am unsuccessful of late. Take care all and happy trading. :)

 

Couuple of things you could addd/subtract half the range to S3 R3. I also notice the description appears a bit off. The range I believe is asymmetric for calculating S/R. I would guess the code is actually correct thoug havent checked.

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Hi there

 

Im having problems with this indicator, when I click on the paintbar, I get nothing. Can someone please help me in getting this to work with GOOGLE (maybe yesterday day). If you can please printscreen the input box for GOOGLE that would be very kind of you.

 

Kind regards

Edited by theman

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Gold’s Outlook – Uptrend may continue, but US jobs data could trigger profit-taking. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date: 31st March 2025.   Trump Confirms Tariffs on All Countries, Sending Stocks Lower.   The NASDAQ continues to trade lower due to the US confirming the latest tariffs will be on all countries. In addition to this, bearish volatility also is largely due to the higher inflation data from Friday. The NASDAQ declines to its lowest price since September 11th 2024. Core PCE Price Index - Inflation Increases Again! The PCE Price Index read 2.5% aligning with expert forecasts not triggering any alarm bells. However, the Core PCE Price Index rose from 0.3% to 0.4% MoM and from 2.7% to 2.8% YoY, signalling growing inflationary pressure. This increases the likelihood that the Federal Reserve will maintain elevated interest rates for an extended period. The NASDAQ fell 2.60% due to the higher inflation reading which is known to pressure the stock market due to pressure on consumer demand and a more hawkish Federal Reserve. Boston Fed President Susan Collins recently commented that tariffs could drive up inflation, though the long-term impact remains uncertain. She told journalists that a short-term spike is the most probable outcome but believes the current pause in monetary policy adjustments is appropriate given the prevailing uncertainties. Although, certain investment banks such as JP Morgan actually believe the Federal Reserve will be forced into cutting rates. This is due to expectations that the economy will struggle under the new trade policy. For example, JP Morgan expects the Federal Reserve to delay rate cuts but will quickly cut towards the end of 2025. Market Risk Appetite Takes a Hit! A big factor for the day is the drop in the risk appetite of investors. This can be seen from the VIX which is up almost 6%, Gold which is trading 1.30% higher and the Japanese Yen which is the day’s best performing currency. Most safe haven assets, bar the US Dollar, increase in value. It is also worth noting that all indices are decreasing in value during this morning's Asian session with the Nikkei225 and NASDAQ witnessing the strongest decline. Previously the stock market rose in value as investors heard rumours that tariffs would only be on certain countries. This bullish swing occurred between March 14th and 25th. Over the weekend, President Donald Trump indicated that the upcoming tariffs would apply to all countries, not just those with the largest trade imbalances with the US. NASDAQ - Technical Analysis In terms of technical analysis, the NASDAQ continues to obtain indications that sellers control the price action. The price opens on a bearish price gap measuring 0.30% and trades below all Moving Averages on all timeframes. The NASDAQ also trades below the VWAP and almost 100% of the most influential components (stocks) are declining in value.     The next significant support level is at $18,313, and the resistance level stands at $20,367.95. Key Takeaway Points: NASDAQ falls to its lowest since September 2024 as the US confirms tariffs on all countries, adding to inflation concerns. Core PCE inflation rises to 0.4% MoM and 2.8% YoY, increasing the likelihood of prolonged high interest rates. Investor risk appetite drops as VIX jumps 6%, gold gains 1.3%, and safe-haven assets outperform. NASDAQ shows strong bearish momentum, trading below key technical levels with support at $18,313 and resistance at $20,367.95. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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