Pivot points

[crimsonite]

Hello,

Is there a guideline, or a way to use pivots in a strategy? Ex., if the price closes above S1....

Thanks for your great help, c

[NinjaTrader_AdamP]

Crimsonite,

You can calculated these pivots internally within your strategy :

                    pp = (currentHigh + currentLow + currentClose) / 3;
                    s1 = 2 * pp - currentHigh;
                    r1 = 2 * pp - currentLow;
                    s2 = pp - (currentHigh - currentLow);
                    r2 = pp + (currentHigh - currentLow);
                    s3 = pp - 2 * (currentHigh - currentLow);
                    r3 = pp + 2 * (currentHigh - currentLow);
                    s4 = s3 - (s1 - s2);
                    r4 = r3 + (r2 - r1);
                    bc = (currentHigh + currentLow) / 2;
                    tc = (pp - bc) + pp;

Or you can use the SessionPivots indicator.

SessionPivots(Data.IDataSeries input, bool isDPShowing, PivotRange pivotRangeType, PivotType pivotType, HLCCalculationMode priorDayHLC, ProfileType profileType, double userDefinedClose, double userDefinedHigh, double userDefinedLow)

With : SessionPivots( [sessionpivots] ).PP

PP can be changed to R1, R2, S1, S2, etc.

Please let me know if I may assist further.

[crimsonite]

Got it, thanks for the help...

What should I replace [sessionpivots] with?

Crimsonite,

You can calculated these pivots internally within your strategy :

                    pp = (currentHigh + currentLow + currentClose) / 3;
                    s1 = 2 * pp - currentHigh;
                    r1 = 2 * pp - currentLow;
                    s2 = pp - (currentHigh - currentLow);
                    r2 = pp + (currentHigh - currentLow);
                    s3 = pp - 2 * (currentHigh - currentLow);
                    r3 = pp + 2 * (currentHigh - currentLow);
                    s4 = s3 - (s1 - s2);
                    r4 = r3 + (r2 - r1);
                    bc = (currentHigh + currentLow) / 2;
                    tc = (pp - bc) + pp;

Or you can use the SessionPivots indicator.

SessionPivots(Data.IDataSeries input, bool isDPShowing, PivotRange pivotRangeType, PivotType pivotType, HLCCalculationMode priorDayHLC, ProfileType profileType, double userDefinedClose, double userDefinedHigh, double userDefinedLow)

With : SessionPivots( [sessionpivots] ).PP

PP can be changed to R1, R2, S1, S2, etc.

Please let me know if I may assist further.

[NinjaTrader_AdamP]

Crimsonite,

Here : SessionPivots(Data.IDataSeries input, bool isDPShowing, PivotRange pivotRangeType, PivotType pivotType, HLCCalculationMode priorDayHLC, ProfileType profileType, double userDefinedClose, double userDefinedHigh, double userDefinedLow)

You can see that the SessionPivots indicator takes a lot of different inputs. These would need to be passed to it in any indicator calls.

Please let me know if I may assist further.