The Only Pivot - page 42

[stevenali]

Dear All,

I change momentum with RSI 25.. I put horisontal line at the first number of RSI 25 at opening day and at H1 chart TIME FRAME

hope you make some observation about this.

but sure you can use your own indy for your tools...

[stevenali]

walterw:
These chart Stevenali opens a complete new discussion on the potential it has, I will be meditating on it mmmmmmmm very nice indeed.. My first thoughts are this, notice the divergences between the oscillator and price in relationship to their pivots... one above other below, then the cross to convergence.. both on the same side of pivot.... lots of posibilities, I will say it opens new dimensions... keep it up stevenali... cheers Walter.

thx walter...

remember. the based idea is using it at h1 tf..

now take a look at EJ 30m.. what will be happend? will EJ up and up ?

[walterw]

shouldnt that be the correct drawing (red line) ?

[stevenali]

walterw:
shouldnt that be the correct drawing (red line) ?

yes, your red line is correct if you use 30m TF,

i draw brown line at H1.. and then change to 30m TF

[masa9390]

EA for Only PIVOT

Hi Stevenali

TNX for your nice strategy.

I make EA for "Only PIVOT", It work. but only draft.

it must need some filter for automatic driving.

Do you have any idea?

masa9390

[ssotiro]

stevenali:
Dear All,

I change momentum with RSI 25.. I put horisontal line at the first number of RSI 25 at opening day and at H1 chart TIME FRAME

hope you make some observation about this.

but sure you can use your own indy for your tools...

Thanks stevenali,

Really looks like something worth looking into. May I just ask:

Do you draw the horizontal line just at the open, or at the number when the 1H candle closes?

And how on earth can you limit the width of the line to just the current day?

I am probably missing something that is right in front of my eyes, but if you could let me know, it would be great.

Thanks

[stevenali]

ssotiro:
Thanks stevenali,

Really looks like something worth looking into. May I just ask:

Do you draw the horizontal line just at the open, or at the number when the 1H candle closes?

And how on earth can you limit the width of the line to just the current day?

I am probably missing something that is right in front of my eyes, but if you could let me know, it would be great.

Thanks

i'm to buzy this week, so i'm sorry not look at this thread for couple days

yes i draw it manually at closed of the last bar of the day H1 at 23:59 or 00.00..

is that clear?

[stevenali]

masa9390:
Hi Stevenali

TNX for your nice strategy.

I make EA for "Only PIVOT", It work. but only draft.

it must need some filter for automatic driving.

Do you have any idea?

masa9390

thx for your good effort

i will try to take a look at it

anyone can make forward test?

[stevenali]

does line graph will be good for this methode?

maybe only for entry point, because sometimes we need to read chart pattern

[ssotiro]

stevenali:
i'm to buzy this week, so i'm sorry not look at this thread for couple days

yes i draw it manually at closed of the last bar of the day H1 at 23:59 or 00.00..

is that clear?

It is, thank you. The only thing I need to short out now is how to make separate lines for each day. At the moment, each line I draw covers all the chart and they are not small ones like yours.