Pivots Indicator - intraday vs daily

[NinjaCustomer]

What's the benefit of calculating pivots on the intraday data vs on the daily bars?

I want to put several instances of it in a market analyzer, so I would prefer to use the more efficient option if the results are the same

[NinjaTrader_EricB]

Hello,

Thank you for your post. These settings change which data is used to calculate the indicator, which does result in different values reported. It would be up to you which Pivots to use or not to use, and what to base them on. We would not be able to make recommendations regarding the quality of either of these items, as it ties into your trading method.

See below for more on pivots if needed.

https://ninjatrader.com/blog/understanding-pivot-points-support-resistance-based-trade-management/

Let us know if we may assist further.