Pivot oscillator

Pivot oscillator

This indicator is made of averaging a value made of pivot points of the current timeframe.

It was intended for scalping purpose of the S&P500 within tick charts (see screenshot of 100 ticks one). This one give fairly good signals. The fact that the pivot variable is made of candles made of ticks give a good advantage of using price action versus typical candlesticks.

 

 

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07/23/2015

576 posts • 1870 Followers
  1. avatar
    supertiti • 07/23/2015 #

    // PIVOT OSCILLO onchart PRC DID Pivot Oscillator – ProRealCode – prorealtime programming

    pivot = (HIGH+LOW+CLOSE+OPEN)/4
    mm = AVERAGE[mmperiod,MAtype](pivot)

    RETURN mm as “pivot oscillator”, customclose as ” customclose ”

    // Variables :
    // mmperiod = 14 perso = 20
    // MATYPE = expo perso = triangulaire

  2. avatar
    supertiti • 07/23/2015 #

    https://hubic.com/home/pub/?ruid=aHR0cHM6Ly9sYjEuaHViaWMub3ZoLm5ldC92MS9BVVRIXzFiNjRhYmY3ZjA5NzFjYmQyNzg1NmU4OTAwMGU0ZDYyL2RlZmF1bHQvLm92aFB1Yi8xNTI3MjYyMzc2XzE1MjgxMjYzNzY/dGVtcF91cmxfc2lnPWZmM2EzM2Q1MmY0OTgwMjExZmIzNDM0ZDRkNGU4M2EzZDJjNDk4ODQmdGVtcF91cmxfZXhwaXJlcz0xNTI4MTI2Mzc2#

  3. avatar
    supertiti • 07/23/2015 #

    http://ovh.to/rbcdfr2

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