Fibonacci Zone Pivots

[olobay 10]

Hi,

 

I am trying to convert the default Floor Trader Pivots included in MultiCharts to Suri Duddella's Fibonacci Zone Pivots but I don't think they are not plotting correctly. I will include both codes and maybe somebody with more EasyLanguage experience can help me out.

 

Thanks.

 

MultiCharts Floor Pivots:

inputs:
Plot_5or7( 5 ) ;                                                    

variables:
   var0( 0 ),
var1( 0 ),
var2( 0 ),
var3( 0 ),
var4( 0 ),
var5( 0 ),
var6( 0 ),
var7( 0 ),
var8( 0 ),
var9( 0 ),
var10( 0 ),
var11( 0 ),
var12( 0 ),
var13( 0 ) ;

if Date <> Date[1] then
begin

var13 = var13 + 1 ;
var8 = var7 ;
var10 = var9 ;
var12 = Close[1] ;
var7 = High ;
  	var9 = Low ;
var6 = ( var8 + var10 + var12 ) / 3 ;
var3 = var6 * 2 - var10 ;
var4 = var6 + var8 - var10 ;
var5 = var4 + var8 - var10 ;
var0 = var6 * 2 - var8 ;
var1 = var6 - var8 + var10 ;
var2 = var1 - var8 + var10 ;
end
else
begin
if High > var7 then
	var7 = High ;
if Low < var9 then
	var9 = Low ;
end ;

condition1 = var13 >= 2 and BarType < 3 ;
if condition1 then                                           

begin
if Plot_5or7 = 7 then
	Plot1( var5, "R3" ) ;
Plot2( var4, "R2" ) ;
Plot3( var3, "R1" ) ;
Plot4( var6, "PP" ) ;
Plot5( var0, "S1" ) ;
Plot6( var1, "S2" ) ;
if Plot_5or7 = 7 then
		Plot7( var2, "S3" ) ;
end ;

 

My attempt at Fibonacci Zone Pivots:

inputs:
Plot_5or7( 5 ) ;                                                    

variables:
   var0( 0 ),
var1( 0 ),
var2( 0 ),
var3( 0 ),
var4( 0 ),
var5( 0 ),
var6( 0 ),
var7( 0 ),
var8( 0 ),
var9( 0 ),
var10( 0 ),
var11( 0 ),
var12( 0 ),
var13( 0 ),
var14( 0 ),
var15( 0 ) ;

if Date <> Date[1] then
begin

var13 = var13 + 1 ;
var8 = var7 ;
var10 = var9 ;
var12 = Close[1] ;
var7 = High ;
  	var9 = Low ;
var6 = ( var8 + var10 + var12 ) / 3 ; //Pivot Point
var3 = var6 + (.5 * var14) ; //R1
var4 = var6 + var14 ; //R2
var0 = var6 - (.5 * var14) ; //S1
var1 = var6 - var14 ; //S2
var14 = var7 - var9; //Daily Range
var2 = var6 + (.618 * var14) ; //Resistance Band 1
var5 = var6 - (.618 * var14) ; //Support Band 1
var11 = var6 + (1.382 * var14) ; //Resistance Band 2
var15 = var6 - (1.382 * var14) ; //Support Band 2

end
else
begin
if High > var7 then
	var7 = High ;
if Low < var9 then
	var9 = Low ;
end ;

condition1 = var13 >= 2 and BarType < 3 ;
if condition1 then                                           

begin
if Plot_5or7 = 7 then
Plot2( var4, "R2" ) ;
Plot3( var3, "R1" ) ;
Plot4( var6, "PP" ) ;
Plot5( var0, "S1" ) ;
Plot6( var1, "S2" ) ;
if Plot_5or7 = 7 then
		Plot7( var2, "RB1" ) ;
		Plot8( var5, "SB1" ) ;
		Plot9( var11, "RB2" ) ;
		Plot10( var15, "SB2" ) ;
end ;

 

This is the formula from Suri's book:

 

FibZone Pivots

 

Pivot Point (PP) = (H+L+C)/3

Daily Range (DR) = (H-L)

First Resistance (Rl) = PP + 0.5*DR

Second Resistance (R2) = PP + DR

First Support (Sl) = PP - 0.5*DR

Second Resistance (S2) = PP - DR

Resistance Band (RB 1) = PP + 0.61 8*DR

Support Band (SB 1) = PP - 0.6 18*DR

Resistance Band (RB2) = PP + 1.382*DR

Support Band (SB2) = PP - 1.382*DR