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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Pivot Points for Amibroker (AFL)
Determine the support and resistance level for tomorrow trade.
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Similar Indicators / Formulas
Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 | _SECTION_BEGIN ( "Pivot Points" ); // PivotPoints.afl P = ( H + L + C ) / 3; R1 = (P * 2) - L ; S1 = (P * 2) - H ; R2 = P + (R1 - S1); S2 = P - (R1 - S1); R3 = H + 2*(P - L ); S3 = L - 2*( H - P); Plot ( C , "C" , colorWhite , styleCandle ); // Displace=1; Plot (R3, "R3" , colorRed , styleDots | styleNoLine ,0,0,Displace); Plot (R2, "R2" , colorRed , styleDots | styleNoLine ,0,0,Displace); Plot (R1, "R1" , colorRed , styleDots | styleNoLine ,0,0,Displace); Plot (P, "P" , colorBlue , styleStaircase ,0,0,Displace); Plot (S1, "S1" , colorGreen , styleDots | styleNoLine ,0,0,Displace); Plot (S2, "S2" , colorGreen , styleDots | styleNoLine ,0,0,Displace); Plot (S3, "S3" , colorGreen , styleDots | styleNoLine ,0,0,Displace); _SECTION_END (); |
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Determine the pivot points including tomorrow pivot points.