Weekly & Daily Pivot Points

Weekly & Daily Pivot Points

Hello everyone,

The calculation of pivot points is very easy, since the formulas are well known.

As I try to backtest strategies using pivot points, I had the idea to create an indicator that combines both the weekly and daily pivot points.

On the chart, you see the weekly pivot point (blue line), and the daily pivot point (red).

From this, many strategies should be possible to create.

Tell me if you have an effective strategy, I can backtest it !

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  1. Adolfo Onrubia • 04/25/2016 #

    Fantastic Job! 
    Thanks

  2. Doctrading • 04/25/2016 #

    Thanks, man !

  3. rajiwas • 320 days ago #

    How is it possible to add currentWeekHigh and currentWeekLow, currentWeekOpen and currentWeekClose to calculate currentWeekPivot in this indicator.

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