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MV Dialy Pivot

Simple and useful indicator. Pivot Points are used to project potential support and resistance levels. The main time periods used are daily, weekly, and monthly pivots. The formula for the daily pivot point is shown below:

Pivot Point

  • P=(LastClose+LastHigh+LastLow)/3;

Support Levels

  • S1=2*P-LastHigh;
  • S2=P-(LastHigh-LastLow);
  • S3=(2*P)-((2*LastHigh)-LastLow);

Resistance Levels

  • R1=2*P-LastLow;
  • R2=P+(LastHigh-LastLow);
  • R3=(2*P)+(LastHigh-(2*LastLow));
daarik
41
daarik 2018.10.20 10:24 
 

Благодарю автора за отличный индикатор!

Matthew Todorovski
12121
Matthew Todorovski 2018.06.30 14:00 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

keep-it-simple
42
keep-it-simple 2015.08.03 21:35 
 

good

Valeriy Dubynchuk
539
Valeriy Dubynchuk 2015.04.07 20:30 
 

советую. отличная штука

Version 1.2 2015.04.28
Calculate pivot point for next day
Version 1.1 2015.01.09
You can change the pivot lines' style in this version.