4 Hr Pivot on Intraday Timeframe

• 06/29/2022 at 7:05 AM #196351
  oyinloyea

  I will like to code 4 Hr Pivot on Intraday Timeframe. Please help

  

  oyinloyea

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  06/29/2022 at 10:28 AM #196362
  oyinloyea

  Thanks in advance

   

  

  oyinloyea

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  06/29/2022 at 11:40 AM #196366
  robertogozzi

  There you go:

  // Pivot H4 intraday // Timeframe(4h,UpdateOnClose) // // Pivot H4 // Pivot = (high + low + close)/3 // Res1 = 2*((high + low + close)/3) - low Res2 = (high + low + close)/3+(high-low) Res3 = high+2*((high + low + close)/3-low) // Sup1 = 2*((high + low + close)/3) - high Sup2 = (high + low + close)/3-(high-low) Sup3 = high+2*(((high + low + close)/3)-low) // MidR1 = (3*((high + low + close)/3)-low)/2 MidR2 = 3*(((high + low + close)/3)+high)/2-low MidR3 = high+3*(((high + low + close)/3)-low)/2 // MidS1 = (3*((high + low + close)/3)-high)/2 MidS2 = 3*(((high + low + close)/3)-low)/2-high MidS3 = low+3*(((high + low + close)/3)-high)/2 // Timeframe(default) // RETURN Pivot AS "Pivot H4",Res1 AS "Res1 H4",Res2 AS "Res2 H4",Res2 AS "Res3 H4",Sup1 AS "Sup1 H4",Sup2 AS "Sup2 H4",Sup3 AS "Sup3 H4",MidR1 AS "MidR1 H4",MidR2 AS "MidR2 H4",MidR3 AS "MidR3 H4",MidS1 AS "MidS1 H4",MidS2 AS "MidS2 H4",MidS3 AS "MidS3 H4"

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  // Pivot H4 intraday // Timeframe(4h,UpdateOnClose) // // Pivot H4 // Pivot = (high + low + close)/3 // Res1  = 2*((high + low + close)/3) - low Res2  = (high + low + close)/3+(high-low) Res3  = high+2*((high + low + close)/3-low) // Sup1  = 2*((high + low + close)/3) - high Sup2  = (high + low + close)/3-(high-low) Sup3  = high+2*(((high + low + close)/3)-low) // MidR1 = (3*((high + low + close)/3)-low)/2 MidR2 = 3*(((high + low + close)/3)+high)/2-low MidR3 = high+3*(((high + low + close)/3)-low)/2 // MidS1 = (3*((high + low + close)/3)-high)/2 MidS2 = 3*(((high + low + close)/3)-low)/2-high MidS3 = low+3*(((high + low + close)/3)-high)/2 // Timeframe(default) // RETURN Pivot AS "Pivot H4",Res1 AS "Res1 H4",Res2 AS "Res2 H4",Res2 AS "Res3 H4",Sup1 AS "Sup1 H4",Sup2 AS "Sup2 H4",Sup3 AS "Sup3 H4",MidR1 AS "MidR1 H4",MidR2 AS "MidR2 H4",MidR3 AS "MidR3 H4",MidS1 AS "MidS1 H4",MidS2 AS "MidS2 H4",MidS3 AS "MidS3 H4"

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  oyinloyea

  

  robertogozzi

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  06/29/2022 at 3:20 PM #196383
  oyinloyea

  Thanks a million

   

  Regards

   

   

  

  oyinloyea

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  06/29/2022 at 4:27 PM #196393
  oyinloyea

  I will like to put labels on the chart

  I realise that i cant add the label because of the update on close statement

  I am using

  drawtext(“Res1”,barindex,Res1+Voffset,SansSerif,Bold,15)
  drawtext(“Res2”,barindex,Res2+Voffset,SansSerif,Bold,15)
  drawtext(“Res3”,barindex,Res3+Voffset,SansSerif,Bold,15) and

  DRAWSEGMENT(barindex, Res1, barindex+10, Res1)
  DRAWSEGMENT(barindex, Res2, barindex+10, Res2)
  DRAWSEGMENT(barindex, Res3, barindex+10, Res3)

   

  Is there a workaround?

  Thanks

   

   

  

  oyinloyea

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  06/29/2022 at 8:51 PM #196405
  druby

  Hi, the code additions put fixed text labels at the current bar location. Also while checking I came across a few gremlins which I think I’ve corrected on original lines 15,18,22 and 27.

  I’m curious, why your not using the stock pivot point indicator set to 4 hours.

  Text modification and corrections

  // Pivot H4 intraday // Timeframe(4h,UpdateOnClose) // // Pivot H4 // Pivot = (high + low + close)/3 // Res1 = 2*((high + low + close)/3) - low Res2 = (high + low + close)/3+(high-low) Res3 = high+2*((high + low + close)/3-low) // Sup1 = 2*((high + low + close)/3) - high Sup2 = (high + low + close)/3-(high-low) Sup3 = low+2*(((high + low + close)/3)-high) // MidR1 = (3*((high + low + close)/3)-low)/2 MidR2 = (3*((high + low + close)/3)+high)/2-low MidR3 = high+3*(((high + low + close)/3)-low)/2 // MidS1 = (3*((high + low + close)/3)-high)/2 MidS2 = (3*((high + low + close)/3)+low)/2-high MidS3 = low+3*(((high + low + close)/3)-high)/2 // Timeframe(default) if isLastBarUpdate then Drawtext(" Piv H4",-20,Pivot+2) Anchor(topRight,xShift,value) Coloured(0,0,0,255) Drawtext(" R1 H4",-20,Res1+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext(" R2 H4",-20,Res2+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext(" R3 H4",-20,Res3+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext(" S1 H4",-20,Sup1+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) Drawtext(" S2 H4",-20,Sup2+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) Drawtext(" S3 H4",-20,Sup3+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) Drawtext("mR1 H4",-20,MidR1+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext("mR2 H4",-20,MidR2+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext("mR3 H4",-20,MidR3+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext("mS1 H4",-20,MidS1+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) Drawtext("mS2 H4",-20,MidS2+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) Drawtext("mS3 H4",-20,MidS3+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) endif // RETURN Pivot AS "Pivot H4",Res1 AS "Res1 H4",Res2 AS "Res2 H4",Res3 AS "Res3 H4",Sup1 AS "Sup1 H4",Sup2 AS "Sup2 H4",Sup3 AS "Sup3 H4",MidR1 AS "MidR1 H4",MidR2 AS "MidR2 H4",MidR3 AS "MidR3 H4",MidS1 AS "MidS1 H4",MidS2 AS "MidS2 H4",MidS3 AS "MidS3 H4"

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  // Pivot H4 intraday // Timeframe(4h,UpdateOnClose) // // Pivot H4 // Pivot = (high + low + close)/3 // Res1  = 2*((high + low + close)/3) - low Res2  = (high + low + close)/3+(high-low) Res3  = high+2*((high + low + close)/3-low) // Sup1  = 2*((high + low + close)/3) - high Sup2  = (high + low + close)/3-(high-low) Sup3  = low+2*(((high + low + close)/3)-high) // MidR1 = (3*((high + low + close)/3)-low)/2 MidR2 = (3*((high + low + close)/3)+high)/2-low MidR3 = high+3*(((high + low + close)/3)-low)/2 // MidS1 = (3*((high + low + close)/3)-high)/2 MidS2 = (3*((high + low + close)/3)+low)/2-high MidS3 = low+3*(((high + low + close)/3)-high)/2 // Timeframe(default)   if isLastBarUpdate then Drawtext("  Piv H4",-20,Pivot+2) Anchor(topRight,xShift,value) Coloured(0,0,0,255)   Drawtext("   R1 H4",-20,Res1+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext("   R2 H4",-20,Res2+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext("   R3 H4",-20,Res3+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255)   Drawtext("   S1 H4",-20,Sup1+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) Drawtext("   S2 H4",-20,Sup2+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) Drawtext("   S3 H4",-20,Sup3+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255)   Drawtext("mR1 H4",-20,MidR1+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext("mR2 H4",-20,MidR2+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255) Drawtext("mR3 H4",-20,MidR3+2) Anchor(topRight,xShift,value) Coloured(255,0,0,255)   Drawtext("mS1 H4",-20,MidS1+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) Drawtext("mS2 H4",-20,MidS2+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) Drawtext("mS3 H4",-20,MidS3+2) Anchor(topRight,xShift,value) Coloured(0,128,0,255) endif   // RETURN Pivot AS "Pivot H4",Res1 AS "Res1 H4",Res2 AS "Res2 H4",Res3 AS "Res3 H4",Sup1 AS "Sup1 H4",Sup2 AS "Sup2 H4",Sup3 AS "Sup3 H4",MidR1 AS "MidR1 H4",MidR2 AS "MidR2 H4",MidR3 AS "MidR3 H4",MidS1 AS "MidS1 H4",MidS2 AS "MidS2 H4",MidS3 AS "MidS3 H4"

   

   

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  druby

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