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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Floor Pivots for Amibroker (AFL)
This formula calculates the floor pivots on a daily basis.
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Indicator / Formula
// Calculate the daily Pivot and S/R // TimeFrameSet(inDaily); PPFloor = (H + L + C)/3; R1Floor = (PPFloor * 2) - L; R2Floor = PPFloor + H - L; R3Floor = H + 2 * (PPFloor - L); S1Floor = (2 * PPFloor) - H; S2Floor = PPFloor - H + L; S3Floor = L - 2 * (H - PPFloor); TimeFrameRestore(); // Plot the Pivot Point // Plot(TimeFrameExpand(PPFloor,inDaily,expandLast), "Pivot Point", colorLightBlue, styleThick); // Plot the Resistance Level Clouds and Line // Plot(TimeFrameExpand(R1Floor,inDaily,expandLast), "R1", colorGreen, styleThick); Plot(TimeFrameExpand(R2Floor,inDaily,expandLast), "R2", colorGreen, styleThick); Plot(TimeFrameExpand(R3Floor,inDaily,expandLast), "R3", colorGreen, styleThick); // Plot the Support Levels Clouds and Lines // Plot(TimeFrameExpand(S1Floor,inDaily,expandLast), "S1", colorRed, styleThick); Plot(TimeFrameExpand(S2Floor,inDaily,expandLast), "S2", colorRed, styleThick); Plot(TimeFrameExpand(S3Floor,inDaily,expandLast), "S3", colorRed, styleThick);
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