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Functions to calculate S1, S2, S3, R1, R2, R3 and pivot point levels

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Great work, thanks.

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I'm looking for the following functions to calculate pivot points, support and resistance levels:

  • function to return the pivot point level using 3 different methods of five-point system and its common variations depending on the given parameter (1-3) or enum and the timeframe:
    • Pivot Point for Current = High (previous) + Low (previous) + Close (previous) / 3
    • P = ((Today\'s O) + Yesterday\'s (H + L + C)) / 4
    • Pivot point system was developed by Tom DeMark
  • function to return S1, S2, S3, R1, R2, R3 values for given timeframe and type of value (either separate functions or all in one):
    • Resistance 1 = (2 x Pivot Point) – Low (previous period) 
    • Support 1 = (2 x Pivot Point) – High (previous period) 
    • Resistance 2 = (Pivot Point – Support 1) + Resistance 1 
    • Support 2 = Pivot Point – (Resistance 1 – Support 1) 
    • Resistance 3 = (Pivot Point – Support 2) + Resistance 2
    • Support 3 = Pivot Point – (Resistance 2 – Support 2)

You can use MT4, but I also considering MT5. It would be great to work on both, but not necessary.

Suggested params: double getPivotPoint(ENUM_TIMEFRAMES tf, uint method), getSupportLevel(ENUM_TIMEFRAMES tf, uint n), getResistanceLevel(ENUM_TIMEFRAMES tf, uint n)

So you can either create 3 functions (for PivotPoint, Support and Resistance levels) or 7, it's up to you.

See Pivot Points page for more details.

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