N days historical Pivot points – Help needed.

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08/13/2020 at 10:30 AM #141500 quote

boonet

Participant

Senior

I found that the price usually fluctuates between pivot points from last three days.

Please see attached example screenshot.

In the attached example –

All the blue lines are the pivot points of last 3 days which I drew manually
Highlighted in purple are the points where price bounced off.

It would be very handy to have an indicator which shows pivot points from last 3 days.(or n days)

Can someone please help coding it?

Thanks in advance.

ppoints.png

08/13/2020 at 10:42 AM #141503 quote

Nicolas

Keymaster

Legend

There is a default indicator named “pivot points” in the platform, it plots pivot points from the last X days. You can either use the calculation mode and the time horizons of the pivots (hourly, weekly, monthly, daily, …).

08/13/2020 at 11:30 AM #141505 quote

boonet

Participant

Senior

Hi @Nicolas,
yes, I have used the default pivot points indicator, but problem is that it doesn’t extend the lines to current day.

So basically I want a the pivot lines of last three days on to currrent day chart automatically.

08/13/2020 at 1:02 PM #141508 quote

Nicolas

Keymaster

Legend

Oh i see now! the below code should plots the last 3 days pivot points:

p1 = (dhigh(1)+dlow(1)+dclose(1))/3
p2 = (dhigh(2)+dlow(2)+dclose(2))/3
p3 = (dhigh(3)+dlow(3)+dclose(3))/3

return p1,p2,p3

08/13/2020 at 2:20 PM #141520 quote

boonet

Participant

Senior

Thanks a lot @Nicolas.

Tried this code.

p1 = (dhigh(1)+dlow(1)+dclose(1))/3
p2 = (dhigh(2)+dlow(2)+dclose(2))/3
p3 = (dhigh(3)+dlow(3)+dclose(3))/3
 
DRAWLINE(barindex-1,p1,barindex,p1) coloured(153,153,0)
DRAWLINE(barindex-1,p2,barindex,p2) coloured(153,153,0)
DRAWLINE(barindex-1,p3,barindex,p3) coloured(153,153,0)

return

This generates several lines on the chart may be because there is no conditional statement to restrict it to 3 days.

See attached screenshot.
Sorry may be my newbie knowledge.

2020-08-13_1415.png

08/13/2020 at 3:37 PM #141525 quote

Nicolas

Keymaster

Legend

Add this line to draw only the last candlestick, otherwise it will draw lines of pivot points all over the past history too.

defparam drawonlastbaronly=true

08/13/2020 at 5:09 PM #141532 quote

boonet

Participant

Senior

Thanks a lot @Nicolas.

It worked. Here is the full code

defparam drawonlastbaronly=true

p1 = (dhigh(1)+dlow(1)+dclose(1))/3
p2 = (dhigh(2)+dlow(2)+dclose(2))/3
p3 = (dhigh(3)+dlow(3)+dclose(3))/3

r11 = 2*p1 - dlow(1)
r12 = 2*p2 - dlow(2)
r13 = 2*p3 - dlow(3)

s11 = 2*p1 - dhigh(1)
s12 = 2*p2 - dhigh(2)
s13 = 2*p3 - dhigh(3)

r21 = p1 + (dhigh(1)-dlow(1))
r22 = p2 + (dhigh(2)-dlow(2))
r23 = p3 + (dhigh(3)-dlow(3))

s21 = p1 - (dhigh(1)-dlow(1))
s22 = p2 - (dhigh(2)-dlow(2))
s23 = p3 - (dhigh(3)-dlow(3))

r31 = r11+(dhigh(1)-dlow(1))
r32 = r12+(dhigh(2)-dlow(2))
r33 = r13+(dhigh(3)-dlow(3))


s31 = s11-(dhigh(1)-dlow(1))
s32 = s12-(dhigh(2)-dlow(2))
s33 = s13-(dhigh(3)-dlow(3))
 
DRAWLINE(barindex-1,p1,barindex,p1) coloured(153,153,0)
DRAWLINE(barindex-1,p2,barindex,p2) coloured(153,153,0)
DRAWLINE(barindex-1,p3,barindex,p3) coloured(153,153,0)


DRAWLINE(barindex-1,r11,barindex,r11) coloured(170,153,0)
DRAWLINE(barindex-1,r12,barindex,r12) coloured(170,153,0)
DRAWLINE(barindex-1,r13,barindex,r13) coloured(170,153,0)

DRAWLINE(barindex-1,s11,barindex,s11) coloured(170,153,0)
DRAWLINE(barindex-1,s12,barindex,s12) coloured(170,153,0)
DRAWLINE(barindex-1,s13,barindex,s13) coloured(170,153,0)

DRAWLINE(barindex-1,r21,barindex,r21) coloured(170,153,0)
DRAWLINE(barindex-1,r22,barindex,r22) coloured(170,153,0)
DRAWLINE(barindex-1,r23,barindex,r23) coloured(170,153,0)

DRAWLINE(barindex-1,s21,barindex,s21) coloured(170,153,0)
DRAWLINE(barindex-1,s22,barindex,s22) coloured(170,153,0)
DRAWLINE(barindex-1,s23,barindex,s23) coloured(170,153,0)

DRAWLINE(barindex-1,r31,barindex,r31) coloured(170,153,0)
DRAWLINE(barindex-1,r32,barindex,r32) coloured(170,153,0)
DRAWLINE(barindex-1,r33,barindex,r33) coloured(170,153,0)

DRAWLINE(barindex-1,s31,barindex,s31) coloured(170,153,0)
DRAWLINE(barindex-1,s32,barindex,s32) coloured(170,153,0)
DRAWLINE(barindex-1,s33,barindex,s33) coloured(170,153,0)

return

08/13/2020 at 5:47 PM #141534 quote

boonet

Participant

Senior

Hi @Nicolas,

From the above code I want to frame something like –

data = min(abs(close-r11),min(abs(close-r12),min(abs(close-r13),min(abs(close-s11),min(abs(close-s12),abs(close-s13))))))



c1 = (data/close*100)<=Percent/100

screener [c1](data/close*100)

How can I integrate all 21 variables(S11,S12,S13…..P1,P2,P3, …..R31,R32,R33) in above equation data=____ ?

08/14/2020 at 7:50 AM #141576 quote

Nicolas

Keymaster

Legend

code many “data” and “c1” variables with different names for any of your pivot points and change the screener line with: screener[c1 OR c2 OR c3 OR ………….]

boonet thanked this post

08/14/2020 at 10:01 AM #141610 quote

boonet

Participant

Senior

You are a star !