SCREENER Pivots Points R3/S3

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  • 08/23/2018 at 5:36 PM #78872 quote
    Matt B
    Participant
    Average

    Hello,

    I am looking for a screener that will detect the pivot point monthly r3 and s3 (support and resistance)

    These two pivot points being very psychological, offer very good profitability in integration and rebound in the first pass .

    The purpose of the screener would be to detect when the price is 15% or less of the pivot point either upwards or downwards.

    example:

    Current price: 10 €

    R3: 11.50 €

    Detecting activated (15%)

    If someone could help me I would be grateful.

    Matt

    08/23/2018 at 5:39 PM #78873 quote
    robertogozzi
    Moderator
    Master

    Please do not double post! Choose the language you prefer and use that one only. Thank you.

    Do you prefer keeping the french or the english post?

    08/23/2018 at 5:54 PM #78874 quote
    Matt B
    Participant
    Average

    Keep the english post

    Thank you

    08/23/2018 at 6:25 PM #78877 quote
    Matt B
    Participant
    Average

    Wow 15% is too big.

    5% is correct.

    Thank you

    11/29/2019 at 9:05 AM #113901 quote
    Nicolas
    Keymaster
    Master

    That code will detect proximity of 5% of monthly R3 or 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)
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SCREENER Pivots Points R3/S3


ProScreener: Market Scanners & Detection

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Matt B @matt-b Participant
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This topic contains 4 replies,
has 3 voices, and was last updated by Nicolas
6 years, 3 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 08/23/2018
Status: Active
Attachments: No files
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