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ed16888

Pivots Alerts on Radar Screen

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I daytrade and I use 144 tick chart on the radar screen, I was just wondering if there is such a alert that I can set up in the radar screen that monitors stocks' pivots and gives you alerts like AAPL broke R1 or like AAPL reversing from R1, things like that.

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It sounds like you are using floor pivots but there are others such as Camarilla and DeMark. I do use Radarscreen with pivots but it is for use with Forex. I don't have specific alerts for when price breaks a pivot level but I do have colour changes on the background when price gets close to a pivot level. For me I have daily, weekly and monthly time frames using Floor, Camarilla and DeMark Pivots. I look for a confluence of pivots and then use price action to take a trade.

 

Here is a screenshot of my RS set up.

 

 

Paul

rs.jpg.550fe1cc77629a84424eca71ad68441d.jpg

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I daytrade and I use 144 tick chart on the radar screen, I was just wondering if there is such a alert that I can set up in the radar screen that monitors stocks' pivots and gives you alerts like AAPL broke R1 or like AAPL reversing from R1, things like that.

 

 

I am sure it has been done already, tho I haven't seen it...

 

if you can write the spec... and make a screen mock up (with notes), I am sure something can be arranged.

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Hey Paul, I do use floor pivots on the radar screen, however I don't see anywhere I can adjust the backgound colors when the price gets close, what indicator are you using? do you mind sharing it with me, thanks in advance..

 

Ed.

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The background colours are a line of code when price approaches the pivot point. I wrote the indicator myself but it is specific to how I use them. I will take another look at it and see what changes may be needed to make it easier for others to use. I only use R1, PP and S1 for floor pivots and I know others use R2 and S2 as well.

 

 

Paul

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here is a screenshot of my radar screen, is there a way to add alerts to my pivots when the price cross or near. I also attached the floor trader eld that I use, can anyone help?below is the pivots indicator that I use, any programmer out there can assists?

 

{

Applies to daily, intra-day, and tick bar charts only.

 

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 ;

rs.thumb.JPG.31c24168b3b3a396bee0d2dff6ddcf25.JPG

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is there a way to add alerts to my pivots when the price cross or near.

 

Hi Ed

 

To do Alerts on a break of a pivot you would need to add these two lines to each pivot :

 

If Close crosses above PP then Alert( Getsymbolname +" crossed above PP");

If Close crosses below PP then Alert( Getsymbolname +" crossed below PP");

 

As for price getting near a pivot... well you would have to define "near" in terms of ticks then create a threshold around each pivot.... for example

 

Inputs:

Threshold (5);

 

Vars:

mintick(0),PPuppthresh(0),PPlwrthresh(0);

 

Mintick = minmove/pricescale;

 

PPuppthresh = PP + (Threshold*mintick);

PPlwrthresh = PP - (Threshold*mintick);

 

Then you would insert the two alert lines like shown above but change the setting to the threshold...

 

If Close crosses above PPlwrthresh then Alert( Getsymbolname +" just under PP");

If Close crosses below PPuppthresh then Alert( Getsymbolname +" just above PP");

 

.... and again, repeat for every pivot.

 

 

This should get you on your way.

 

Hope this helps

 

Blu-Ray

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Depending if you run your code intrabar or on closed tick of bar, you may need to use a slightly different code.

 

If intrabar then use code in my last post or if used on closed tick of a bar use something like this :

 

 

Condition1 = Close crosses above PP;

 

If Condition1 then Alert( Getsymbolname +" crossed above PP");

 

Condition2 = Close crosses below PP;

 

If Condition2 then Alert( Getsymbolname +" crossed below PP");

 

Condition3 = Close crosses above PPlwrthresh;

 

If Condition3 and Condition1 = false then Alert( Getsymbolname +" just under PP");

 

Condition4 = Close crosses below PPuppthresh;

 

If Condition4 and Condition2 = false then Alert( Getsymbolname +" just above PP");

 

 

This would eliminate getting alerts of " just under PP" and "crossed above PP" on the same bar.

 

Hope this helps

 

Blu-Ray

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Blu Ray , thanks for the quick reply, I really appreciate your hard work, I ran my code intrabar, I added the code you discribe, the alert on the cross is fine, but the near does not seems to be working, 5 ticks above and below should be fine, here is what I did, can you see where the errors at, thanks again...

 

{

Applies to daily, intra-day, and tick bar charts only.

 

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 }

Inputs:

Threshold (6);

 

 

 

 

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 ) ;

Vars:

mintick(0),PPuppthresh(0) ,PPlwrthresh(0) ,R1uppthresh(0) ,R1lwrthresh(0) ,R2uppthresh(0) ,R2lwrthresh(0) ,S1uppthresh(0) ,S1lwrthresh(0) ,S2uppthresh(0) ,S2lwrthresh(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" ) ;

 

Mintick = minmove/pricescale;

 

PPuppthresh = PP + (Threshold*mintick);

PPlwrthresh = PP - (Threshold*mintick);

R1uppthresh = R1 + (Threshold*mintick);

R1lwrthresh = R1 - (Threshold*mintick);

R2uppthresh = R2 + (Threshold*mintick);

R2lwrthresh = R2 - (Threshold*mintick);

S1uppthresh = S1 + (Threshold*mintick);

S1lwrthresh = S1 - (Threshold*mintick);

S2uppthresh = S2 + (Threshold*mintick);

S2lwrthresh = S2 - (Threshold*mintick);

 

 

If Close crosses above PP then Alert( Getsymbolname +" crossed above PP");

If Close crosses below PP then Alert( Getsymbolname +" crossed below PP");

If Close crosses above R1 then Alert( Getsymbolname +" crossed above R1");

If Close crosses below R1 then Alert( Getsymbolname +" crossed below R1");

If Close crosses above R2 then Alert( Getsymbolname +" crossed above R2");

If Close crosses below R2 then Alert( Getsymbolname +" crossed below R2");

If Close crosses above S1 then Alert( Getsymbolname +" crossed above S1");

If Close crosses below S1 then Alert( Getsymbolname +" crossed below S1");

If Close crosses above S2 then Alert( Getsymbolname +" crossed above S2");

If Close crosses below S2 then Alert( Getsymbolname +" crossed below S2");

If Close crosses above PPlwrthresh then Alert( Getsymbolname +" just under PP");

If Close crosses below PPuppthresh then Alert( Getsymbolname +" just above PP");

If Close crosses above R1lwrthresh then Alert( Getsymbolname +" just under R1");

If Close crosses below R1uppthresh then Alert( Getsymbolname +" just above R1");

If Close crosses above R2lwrthresh then Alert( Getsymbolname +" just under R2");

If Close crosses below R2uppthresh then Alert( Getsymbolname +" just above R2");

If Close crosses above S1lwrthresh then Alert( Getsymbolname +" just under S1");

If Close crosses below S1uppthresh then Alert( Getsymbolname +" just above S1");

If Close crosses above S2lwrthresh then Alert( Getsymbolname +" just under S2");

If Close crosses below S2uppthresh then Alert( Getsymbolname +" just above S2");

 

End ;

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ed16888,

 

Blu Ray has a much better understanding of your coding needs than I do as I am not that experienced in it. Also you are using a later version of TS than I am which would also makes it more difficult for coding your needs

 

Good Luck.

 

 

Paul

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Blu Ray , thanks for the quick reply, I really appreciate your hard work, I ran my code intrabar, I added the code you discribe, the alert on the cross is fine, but the near does not seems to be working, 5 ticks above and below should be fine, here is what I did, can you see where the errors at, thanks again...

 

Inputs:

Threshold (6);

 

Ed

 

I've tested it and it works fine for me, the only thing I can think of is that you've set your inputs to 6 ticks away instead of 5.

 

Cheers

 

Blu-Ray

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here is a screenshot of my radar screen, is there a way to add alerts to my pivots when the price cross or near. I also attached the floor trader eld that I use, can anyone help?below is the pivots indicator that I use, any programmer out there can assists?

 

{

Applies to daily, intra-day, and tick bar charts only.

 

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 ;

How did you get the Squeeze on the Radar ?

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