Indicator Pivot Bug

reb · 2021-03-04T16:31:16+00:00

Hi I am using as part of an indicator the code of Pivot point as below : If OpenDayOfWeek = 1 Then Ht = DHigh(2) Bs = DLow(2) C = DClose(2) Endif If OpenDayOfWeek => 2 and dayofweek Pivot, it returns 1 and if close < Pivot, it returns -1 the black line is the native Pivot from PRT and the purple one the result of the above the code. For a reason I don’t understand the Pivot value at the current bar is different. (see pic below) This difference disappears if I reload PRT, and it comes back the next bar Do you have an idea about this issue ? Thanks in advance Reb

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03/04/2021 at 5:31 PM #163139 quote
reb
Participant

Master
Hi

I am using as part of an indicator the code of Pivot point as below :
```
If OpenDayOfWeek = 1 Then
Ht = DHigh(2)
Bs = DLow(2)
C = DClose(2)
Endif
If OpenDayOfWeek => 2 and dayofweek < 6 Then
Ht = DHigh(1)
Bs = DLow(1)
C = DClose(1)
Endif
Pivot = (Ht + Bs + C) / 3
```
I have noticed sometimes differences between the code and my eye. After some reseachs, I have found the reason of those discrepencies: the Pivot point calculation.

To simplify, the indicator could be : if close > Pivot, it returns 1 and if close < Pivot, it returns -1

the black line is the native Pivot from PRT and the purple one the result of the above the code.

For a reason I don’t understand the Pivot value at the current bar is different. (see pic below)

This difference disappears if I reload PRT, and it comes back the next bar

Do you have an idea about this issue ?

Thanks in advance

Reb

DAX-15-17h25.jpg
03/04/2021 at 10:48 PM #163151 quote

Vonasi
Moderator

Master

reb – Topic moved to ProBuilder forum as it is an indicator issue. I have also inserted the code that you posted using the ‘Insert PRT Code’ button. Please ensure that you do the same with all future posts that include code. I have edited your post and inserted the code.

There have been several posts recently about DCLOSE, DHIGH, DLOW and DOPEN not returning the correct values and whilst we wait for PRT to provide a fix it is best to use MTF to return the daily time frame high, low, open and close values rather than use DCLOSE, DHIGH, DLOW and DOPEN.

03/05/2021 at 4:28 AM #163155 quote

reb
Participant

Master

ok thanks Vonasi for your answer

03/05/2021 at 4:42 AM #163156 quote
reb
Participant

Master
Here is the new code
```
timeframe( daily)
If OpenDayOfWeek = 1 Then
Ht = High[2]
Bs = Low[2]
C = Close[2]
Endif
If OpenDayOfWeek => 2 and dayofweek < 6 Then
Ht = High[1]
Bs = Low[1]
C = Close[1]
Endif
Pivot = (Ht + Bs + C) / 3
```
03/05/2021 at 6:35 AM #163167 quote

robertogozzi
Moderator

Legend

@reb

Always use the ‘Insert PRT Code’ button when putting code in your posts to make it easier for others to read.

Thank you 🙂
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