Floor Pivots Daily

[Robert2617 10]

This is an automatic daily floor pivots chart indicator.

FLOORPIVOTS.ELD

[dalby 10]

is there a way to modify this indicator, so it uses the "settlement" price vs. the close price.

 

in my travels, so to speak, i have found that using the settle price instead of the close price for calc'ing floor trader pivots gives more accurate pivot levels.

[Robert2617 10]

The EL code is open and you could modify it if you wanted. This indicator is a colaboration between a few people from the TS forums. I posted it here for convenience.

[dalby 10]

thanks. i just started using TS friday, so my easy language aint up to snuff yet.

 

i'm workin' on it.

[hans-ulrich.rudel 10]

The indicator has an input called PivotType.

 

Use 3 or 4 as PivotType and you should get the Settlement Price, since when

PivotType = 3 or 4, the CloseD function is used.

 

The CloseD will return the settlement price.

[dalby 10]

thx. i will try this

[keymoo 10]

I want to calculate the high and the low as the h and l off the daily chart using 24 hour session but I want these values to appear on my regular trading hours intraday chart. I tried using highD and lowD and closeD, however the values differed when using 24 hour and regular trading hours charts.

 

Does anyone know how to capture the high of the previous day 24 hour period? Thanks.

[nickm001 10]

I have not tried this ..but it should work in theory..

one way is to add @YM as data2 to your chart, overlay it over the existing data1( @YM.D). Use the same interval as in data1. Modify your pivot point code to use data2 for calculation, for example..

var: pivot(0, data2);

( pivot = ( HighD of data2 + LowD of data2 + CloseD of data2)/3 ;

[keymoo 10]

Thank Nick, that's what I've done and works well. I have posted my indicator in this forum called GlobexPivots.

[ravi3175 10]

hi Robert2617,

 

I use tradestation 2000i and want to know how do I import an .ELD file (FLOORPIVITS.ELD) ?

 

Thanks

ravi3175

[jjthetrader 10]

Is there a way to get this indicator to show solid lines instead of dashed?

thanks

[Maverick0325 10]

anyone know where this can be found for eSignal?

[clos 10]

Any help would be great. I installed this indicator and nothing shows up on the chart in Tradestation? I inserted the indicator and it shows the High and Lows but there aren't any lines?

 

Is this a good Auto Daily Pivot indicator?

 

Thanks for your help in advance guys!

 

:crap:

[Maverick0325 10]

Im an eSignal user, thank you though.

What ARE floor pivots, and how do you calculate them?

[Sparrow 10]

Floor Pivots

Calculation

 

Also have to add that floor pivots are calculated on H,L,C of the session and not the 24h daily values.

[ptop 10]

Hi All

 

Just got trade station up and running but am having problems getting this indicator to show up on charts I do not see any line at all? I have installed and run the bbsqueeze, ttm trend and volume delta with no problems but cannot get this to show up

 

Thanks for the help

 

Cheers

[thrunner 10]

having problems getting this indicator to show up on charts I do not see any line at all?

Try a new 10min or 500tick chart without the other indicators, it should show up; please see attached picture below.

You may get a more accurate pivots based on daily data and the eld from this TS forum thread: https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=70201

[potsiea 10]

Hi there

 

I would like to use this indicator to calculate pivots based on the UK calendar day. I was hoping someone more experienced might know how the NEWDAYTM input in this indicator affects the calculations and whether i could use it to shift the calculation.

 

I have TS set to local time, so i was thinking if i set this input to my local time when the time it is midnight UK.

 

Would this do the trick?

 

Thanks in advance

Edited August 9, 2013 by potsiea