Proscreener R3 and S3 Monthly Pivot Points

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  • 07/01/2025 at 2:53 PM #248617 quote
    trickytrees03
    Participant
    New

    A message to Nicholas here. I am new to ProRealCode and I apologise in advance if I am not submitting my enquiry correctly.

     

    On 29/11/2019 you posted this in a reply to a query from Matt B who was looking for a screener to identify stocks hitting monthlyR3 and S3 pivot points:

    Percent = 1.5 //percentage %
    If Month<>Month[1] then
    monthlyHigh = Highest[max(1,BarIndex – lastMonthBarIndex)](High)[1]
    monthlyLow = Lowest[max(1,BarIndex – lastMonthBarIndex)](Low)[1]
    lastMonthBarIndex = BarIndex
    monthlyPivot = (monthlyHigh + monthlyLow + Close[1]) / 3
    monthlyR1 = 2*monthlyPivot – monthlyLow
    monthlyS1 = 2*monthlyPivot – monthlyHigh
    //monthlyR2 = monthlyPivot + (monthlyHigh – monthlyLow)
    //monthlyS2 = monthlyPivot – (monthlyHigh – monthlyLow)
    monthlyR3 = monthlyR1 + (monthlyHigh – monthlyLow)
    monthlyS3 = monthlyS1 – (monthlyHigh – monthlyLow)
    Endif
    data = min(abs(close–monthlyR3),abs(close–monthlys3))
    c1 = (data/close*100)<=Percent/100
    screener [c1](data/close*100)
    I am looking for exactly the same thing and I was wondering if you had it in a file format to enable me to download it and then install it on my ProScreener attached to my IT Charts?
    Please let me know if you can help.
    Best wishes
    Andy
    TT03
    07/01/2025 at 3:33 PM #248618 quote
    robertogozzi
    Moderator
    Master

    I am attaching the ITF file to be imported into ProScreener.

    trickytrees03 and Iván González thanked this post
    myPIVOTscreener.itf
    07/01/2025 at 4:19 PM #248622 quote
    trickytrees03
    Participant
    New

    Hi Robert

    Thanks for this. Over the years I have had success using R3/S3 reversals but it is a pain going through all the stocks to find them. This will help me considerably and hopefuly increase my winning trades.

    Please feel free to contact me if you would like updates on the success (or lack of it!) of this strategy.

    Once again thank you for your prompt reply, it is greatly appreciated.

     

    Kind regards,

     

    Andy

    TT03

    robertogozzi thanked this post
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Proscreener R3 and S3 Monthly Pivot Points


ProScreener: Market Scanners & Detection

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trickytrees03 @trickytrees03 Participant
Summary

This topic contains 2 replies,
has 2 voices, and was last updated by trickytrees03
8 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 07/01/2025
Status: Active
Attachments: 1 files
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