camarilla pivot points

Category: Indicators By: TradingDeckard Created: March 9, 2016, 11:44 AM
March 9, 2016, 11:44 AM
Indicators
9 Comments

Camarilla pivot points indicator made of previous day close, high and low.

 

REM Camarilla Pivot Points

myH = ( DHIGH(1) )
myL = ( DLOW(1) )
myC = ( DCLOSE (1) )

PP = myC//PP = Previous Day's Close

R1 = ((myH-myL) * 1.1)/12+myC
RR2 = ((myH-myL)*1.1)/6+myC // Note: RR2 is used instead of R2 since R2 is the symbol for "R squared" in probuilder language.
R3 = ((myH-myL)*1.1)/4+myC
R4 = ((myH-myL)*1.1)/2+myC

S1 = myC-((myH-myL)*1.1)/12
S2 = myC-((myH-myL)*1.1)/6
S3 = myC-((myH-myL)*1.1)/4
S4 = myC-((myH-myL)*1.1)/2

RETURN PP COLOURED(0,0,0) AS "CAMA PP" , R1 COLOURED(155,155,155) AS "CAMA R1" , RR2 COLOURED(0,0,255) AS "CAMA R2" , R3 COLOURED(0,180,0) AS "CAMA R3" , R4 COLOURED(255,0,0) AS "CAMA R4" , S1 COLOURED(155,155,155) AS "CAMA S1" , S2 COLOURED(0,0,255) AS "CAMA S2" , S3 COLOURED(0,180,0) AS "CAMA S3" , S4 COLOURED(255,0,0) AS "CAMA S4"

 

Download
Filename: Camarilla-Pivot-Points.itf
Downloads: 243
TradingDeckard Junior
I like scalping SPY, Nature and watch scifi movies :)
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