The Only Pivot - page 29
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if not wrong, this is the simple way to make pivot line base on daily open price (for example my broker time gmt+3).
broker time
nohills your pivot will be different from broker to broker as each calculation has different start of day and end of day.
I agree droesparky, that's why I said 0:00 GMT. Then it doesn't matter what time the broker time is, because you always start the open of the pivot at 0:00 GMT.
broker time should be replaced with GMT time
if not wrong, this is the simple way to make pivot line base on daily open price (for example my broker time gmt+3).
No toni4ex. Not broker time, but GMT time, and always at 00:00.
hi stevenali
should we open trade here?
& what about this pair (eur-usd) on this system?
thx
also there is a chance in eur- jpy with double top ,broken trend
what's ur Opinion?
also there is a chance in eur- jpy with double top ,broken trend what's ur Opinion?
It may, but if you had a GMT broker like IBFX, you'd have better picture without whipsaws:
why different pivot ???
@spiderman and wookey
Why you have different pivot? Because you have dfferent broker time ......
@spiderman : your broker is gmt+3 (if not wrong), you must shift 3 bar to RH if you want get same pivot with wookey
@wookey : your broker is gmt
maybe someone can change the indicator to add function gmt shift like "dolly with gmt shift by cja".
No toni4ex. Not broker time, but GMT time, and always at 00:00.
You're right gmt time. Look at spiderman and wookey chart. Why they have different pivot? Because the indicator draw pivot base on daily open price at 00:00 broker time not at 00:00 gmt time.
I am looking for a pivot indicator that lets you change the start of day time.
If anyone finds one please post it, I know there out there somewhere.
It may, but if you had a GMT broker like IBFX, you'd have better picture without whipsaws:
spiderman, wookey
don't be affraid to entry market.. i use 10K live account and look... i only put 1 or 2 mini lot at a trade per pair....