Help required designing Pocket Pivot Indicator
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- This topic has 21 replies, 8 voices, and was last updated 6 years ago by Vonasi.
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06/05/2017 at 1:29 PM #37480
Hi everyone, I am new to coding and require some assistance in the following matter.
I would like to code a indicator that identifies pocket pivots but in a histogram format just like the attached image.
Pocket Pivots are described in the book ‘Trade Like an O’Neil Disciple’ of Dr. Chris Kacher and Gil Morales.
In the charts, the ‘Pocket Pivot Overlay Indicator’ has two parameters:
- The length of the SMA from which the Pocket Pivot should originate.
Default for this parameter is 10. - The maximum offset allowed from this SMA in percent. Default value is 2.5, meaning that the current open should be within 2.5% of the 10 SMA.
Thank you in advance
06/10/2017 at 8:22 AM #37934Hey mate, did you find anything?
This is what I have ;
06/10/2017 at 8:23 AM #3793706/10/2017 at 8:30 AM #37944And here’s the indicator;
Cheers,
Dale 😉
06/10/2017 at 1:01 PM #37967Hi Dale,
Thank You so much for taking the time to reply, however; when I insert the code you have sent me into pro real time stock screener, I receive a syntax error.
You have also stated towards the bottom of your file // ** Other criteria to try ** is this for the pocket pivot indicator?
Because when I insert the code into the pro builder indicator creation I get the following Syntax error which I have attached below in the image.
Thank you in advance
George
1 user thanked author for this post.
06/10/2017 at 1:22 PM #37972Hi Dale,
Please ignore my previous message; I did manage to get your code working in the pro real time indicator section.
Thank you so much. Legend
Regards
George
1 user thanked author for this post.
06/11/2017 at 2:43 AM #38007Recently I changed ;
” Days to confirm uptrend ” to 50
Shows more / quicker pivots on Indicator,
and more results on Screener,
Cheers
🙂
06/11/2017 at 3:43 AM #3800906/11/2017 at 6:28 AM #38013You post the Screener as a Pro Screener, and you add the Indicator to the charts.
They are both ready to go as they are.
Go add new, erase all. Copy / paste , Aus shares thats it.
I also change the Indicator to a histogram to get the nice blue bars.
06/11/2017 at 6:30 AM #38015Here are some notes of when I was getting help installing it
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06/11/2017 at 6:50 AM #38025https://www.youtube.com/watch?v=NNcAG-PylxU&t=1932s
1 user thanked author for this post.
06/11/2017 at 6:54 AM #38027Thanks Dale
You have gone above and beyond….Really appreciate it. Will get onto it later on tonight.
Thank you once again.
1 user thanked author for this post.
11/23/2017 at 6:44 AM #5367408/12/2018 at 11:40 AM #78040Hi,
I am new to coding as well.
I copied the text into the section but I am getting a similar syntax error message.
Can you help me by letting me know where I have gone wrong?
Thanks, Michael
08/12/2018 at 12:23 PM #78042- Dm me on Twitter and I’ll work through it with you Man @dazzle101_asx
- The length of the SMA from which the Pocket Pivot should originate.
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