Pivots Points – Buy and sell short strategy

• 10/23/2023 at 2:21 PM #222827
  robertogozzi

  Using GRAH and GRAPHONPRICE will help you locate any error:

  graphonprice mS2M graph tlmS2M graph tsmS2M

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  graphonprice mS2M graph tlmS2M graph tsmS2M

  as you can see from the attached pics, when your conditions are met trades are opened regularly, otherwise they are not.
  So it’s your confitions that are not met.
  Check if they are what you want.
  In line 238 you use AND, so both conditions must be met, while sometimes only one of them is.

  

  robertogozzi

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  10/30/2023 at 12:54 PM #223051
  LaMaille

  Inertia wrote:

  Find it why, thank you Roberto.

  1 – The code uses the previous PP (1) so of course there were no trade taken in the mentioned levels today (0). Sorry 😉

  2 – But when i change the PP with (0) instead of (1) it gives a funny PP… How can i have it straight like the PRT one please?

  Thank you.

  Damien

  If you want the same pivot point as PRT, then use one of these codes below :

  by using Dhigh, Dlow, Dclose

  IF (DAYOFWEEK=DAYOFWEEK[1] and DAYOFWEEK<>DAYOFWEEK[2] and dayofweek>1) or (DAYOFWEEK<>DAYOFWEEK[1] and dayofweek=0) then IF dayofweek <> 1 THEN PivotPoint = (DHigh(1) + DLow(1) + DClose(1)) / 3 DH=DHigh(1) DC = DClose(1) ENDIF If dayofweek=1 then PivotPoint = (DHigh(2) + DLow(2) + DClose(2)) / 3 endif endif

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  IF (DAYOFWEEK=DAYOFWEEK[1] and DAYOFWEEK<>DAYOFWEEK[2] and dayofweek>1) or (DAYOFWEEK<>DAYOFWEEK[1] and dayofweek=0) then IF dayofweek <> 1 THEN PivotPoint  = (DHigh(1) + DLow(1) + DClose(1)) / 3 DH=DHigh(1) DC = DClose(1) ENDIF If dayofweek=1 then PivotPoint  = (DHigh(2) + DLow(2) + DClose(2)) / 3 endif endif

  Without using Dhigh, Dlow, Dclose

  ONCE HH = high ONCE LL = low ONCE CC = close IF (OpenTime = 010000 and dayofweek<>1) or (OpenTime = 000000 and dayofweek=0) THEN yHH = HH yLL = LL yCC = CC HH = high LL = low ENDIF HH = max(HH,high) LL = min(LL,low) CC = close Pivot = (yHH + yLL + yCC)/3

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  ONCE HH = high ONCE LL = low ONCE CC = close IF (OpenTime = 010000 and dayofweek<>1) or (OpenTime = 000000 and dayofweek=0) THEN yHH = HH yLL = LL yCC = CC HH  = high LL  = low ENDIF HH = max(HH,high) LL = min(LL,low) CC = close Pivot = (yHH + yLL + yCC)/3

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  Inertia

  

  LaMaille

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