screening for monthly pivot

• 05/22/2020 at 11:53 AM #132801
  ronit79

  Hi all,

  I was wondering whether there is a way to screen for monthly pivots rather than for the default daily.

  I’ve been trying few things I’ve found on this blog but nothing seems to work properly.

  Your help would be much appreciated.

  Renzo

  

  ronit79

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  05/22/2020 at 3:33 PM #132848
  robertogozzi

  There you go (thanks to Nicolas’ post https://www.prorealcode.com/prorealtime-indicators/daily-weekly-monthly-pivot-points/):

  Monthly Pivots

  Once Mode = 1 //0, 1, 2 or 3 Once lastMonthBarIndex = 0 Once monthlyHigh = undefined Once monthlyLow = undefined Once monthlyPivot = undefined Once monthlyR1 = undefined Once monthlyS1 = undefined Once monthlyR2 = undefined Once monthlyS2 = undefined Once monthlyR3 = undefined Once monthlyS3 = undefined If Month<>Month[1] then monthlyHigh = Highest[BarIndex - lastMonthBarIndex](High)[1] monthlyLow = Lowest[BarIndex - lastMonthBarIndex](Low)[1] lastMonthBarIndex = BarIndex If mode = 0 then monthlyPivot = (monthlyHigh + monthlyLow + Close[1]) / 3 Elsif mode = 1 then monthlyPivot = (Open + monthlyHigh + monthlyLow + Close[1]) / 4 Elsif mode = 2 then monthlyPivot = (monthlyHigh + monthlyLow + Close[1]*2) / 4 Else monthlyPivot = (Open*2 + monthlyHigh + monthlyLow) / 4 Endif 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 Return monthlyPivot coloured(0,0,255) as "mP",monthlyR1 coloured(0,0,255) as "mR1", monthlyS1 coloured(0,0,255) as "mS1", monthlyR2 coloured(0,0,255) as "mR2", monthlyS2 coloured(0,0,255) as "mS2", monthlyR3 coloured(0,0,255) as "mR3", monthlyS3 coloured(0,0,255) as "mS3"

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  Once Mode              = 1                //0, 1, 2 or 3 Once lastMonthBarIndex = 0 Once monthlyHigh       = undefined Once monthlyLow        = undefined Once monthlyPivot      = undefined Once monthlyR1         = undefined Once monthlyS1         = undefined Once monthlyR2         = undefined Once monthlyS2         = undefined Once monthlyR3         = undefined Once monthlyS3         = undefined If Month<>Month[1] then     monthlyHigh = Highest[BarIndex - lastMonthBarIndex](High)[1]     monthlyLow = Lowest[BarIndex - lastMonthBarIndex](Low)[1]     lastMonthBarIndex = BarIndex     If mode = 0 then         monthlyPivot = (monthlyHigh + monthlyLow + Close[1]) / 3     Elsif mode = 1 then         monthlyPivot = (Open + monthlyHigh + monthlyLow + Close[1]) / 4     Elsif mode = 2 then         monthlyPivot = (monthlyHigh + monthlyLow + Close[1]*2) / 4     Else         monthlyPivot = (Open*2 + monthlyHigh + monthlyLow) / 4     Endif     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 Return monthlyPivot coloured(0,0,255) as "mP",monthlyR1 coloured(0,0,255) as "mR1", monthlyS1 coloured(0,0,255) as "mS1", monthlyR2 coloured(0,0,255) as "mR2", monthlyS2 coloured(0,0,255) as "mS2", monthlyR3 coloured(0,0,255) as "mR3", monthlyS3 coloured(0,0,255) as "mS3"

  name it “MonthlyPivots”, then call it in your screener:

  monthlyPivot,monthlyR1,monthlyS1,monthlyR2,monthlyS2,monthlyR3,monthlyS3 = CALL "MonthlyPivots"

  1	monthlyPivot,monthlyR1,monthlyS1,monthlyR2,monthlyS2,monthlyR3,monthlyS3 = CALL "MonthlyPivots"

  it will return the 7 variables representing Monthly:

  1. Pivot
  2. Resistance1
  3. Support1
  4. Resistance2
  5. Support2
  6. resistance3
  7. Support3

   

  

  robertogozzi

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  05/22/2020 at 5:35 PM #132884
  Nicolas

  Monthly pivot screener example: https://www.prorealcode.com/topic/screnner-point-pivot/#post-85978

  

  Nicolas

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