Pivot Indicator

[ahrt|]

Hi,

How can I know how many ticks there are until the next pivot line up and down from the current price, from the PIVOT indicator?


Thanks, Alejandro

[NinjaTrader_PaulH]

Hello ahrt|,

Thanks for your post.

You would subtract the value of the pivot lines from the current price, then divide the difference by the TickSize.

For example:

int PPticks = Convert.ToInt32((Close[0] - Pivots(PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 0, 0, 0, 20).PP[0]) / TickSize); // An example of the PP pivot point value.

Reference: https://ninjatrader.com/support/help.../?ticksize.htm

Please let us know if we can be of further assistance.

[ahrt|]

Thank you Paul

[ahrt|]

Hi Paul,

In the example that I am sending you, you can see that the price is 26410 and R1 is 26404, the difference is -6 ticks.

With this instruction
int R1ticks = Convert.ToInt32 ((Close [0] - Pivots (PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 0, 0, 0, 20) .R1 [0]) / TickSize); // An example of the R1 pivot point value.
I get -41

What am I doing wrong?

https://gyazo.com/4ff219fe7b5d483473f6c05bd9d30e00

Thanks, Alejandro

[NinjaTrader_PaulH]

Hello Alejandro,

Thanks for your reply.

Please verify that the pivots shown on the chart are set the same way as the indicator is using them, ie: make sure that the Pivots indicator is set to:

• HLCCalculationMode.CalcFromIntradayData
• PivotRange.Daily

I suspect the HLCCalculation mode is set to daily bars and should be set to Calculate from intraday data, to match the indicator you are creating (or vice versa depending on your needs).

[ahrt|]

Hi Paul,

You were right, HLCCalculation mode was set to daily bars.

Thanks for your help