Baluda Indicators

[Baluda]

New indicator DWMPivots, v1.0.0 in post 2.

DWNPivots, screen I.png

Indicator shows daily, weekly and monthly pivots including support and resistance lines. This one is highly configurable.

Let me know if this one finds a place on your charts. If you need changes, let me know.

Enjoy,

Paul

[lucklogic]

2.1. DWMPivots
Show information on daily, weekly and monthly pivots. Options to show or hide most pivot lines, support- and resistance levels and text.

DWNPivots, screen I.png

New version: v1.0.0
User settings:

• textFont - font to use for labels
• textSize -
• textColor -
• maxBars - maximum number of bars to consider
• showDailyLine - shows or hides daily pivot line
• showWeekyLine - shows or hides weekly pivot line
• showMonthlyLine - shows or hides monthly pivot line
  sket information
• colo(u)rs - you know what to do.

Released as .ex4 for now, please acknowledge usefulness for this indicator.

Another great indicator - thank you v.much

[qjp]

Hi, thanks for new toy DWMPivots! Is there posibility to include broker time shift and dest time shift in this toy?
Thanks in advance

[NeoTrader]

hi Paul,

New indicator DWMPivots, v1.0.0 in post 2.
Indicator shows daily, weekly and monthly pivots including support and resistance lines. This one is highly configurable.
Let me know if this one finds a place on your charts. If you need changes, let me know.

hehe, you're a mindreader...

I was also going to put a new pivot Indicator together...

Thanks again for your awesome work... I will definitely give it a try..

happy trading,

NeoTrader

-

[spotdespot]

New indicator DWMPivots, v1.0.0 in post 2.
Indicator shows daily, weekly and monthly pivots including support and resistance lines. This one is highly configurable.

Let me know if this one finds a place on your charts. If you need changes, let me know.

Enjoy,

Paul

Looks good Paul - thanks. One request I would have is being able to show or hide the levels for a particular timeframe - e.g. I don't want to see the daily pivot on timeframes > H4 as it's just noise and makes text overlap etc.

Thanks,
Dave.

[Baluda]

Is there posibility to include criminal time shift and dest time shift in this toy?

QJP,

Could you please elaborate? What do you want DWMPivots to do?

Paul

[Baluda]

One request I would have is being able to show or hide the levels for a particular timeframe - e.g. I don't want to see the daily pivot on timeframes > H4 as it's just noise and makes text overlap etc.

Spot,

Could we define a general rule for this? Maybe 'don't display lines if timeframe >= type of pivot' or something to the same effect? Do you want this to apply on the S&R lines too?

Paul

[spotdespot]

One request I would have is being able to show or hide the levels for a particular timeframe - e.g. I don't want to see the daily pivot on timeframes > H4 as it's just noise and makes text overlap etc.

Spot,

Could we define a general rule for this? Maybe 'don't display lines if timeframe >= type of pivot' or something to the same effect? Do you want this to apply on the S&R lines too?

Paul

That would do for me - exactly as you describe. And yes it would apply to SR too.

I would suggest others comment and agree/disagree before you do any work though Paul but it looks to be the only way to go to me. You just don't need any of those lines displayed - they clutter up the screen and are of no use.

[qjp]

Could you please elaborate? What do you want DWMPivots to do?

Paul

Hi, something similar like this in attachment it is from vS_PivotsD indi

TIA

[garyfritz]

Very nice, Paul! You do beautiful work.

Minor kvetch: the dotted lines to the right of the price actually overlap the last few bars. If you zoom out a bit, the labels overlap too. Would be nice to have them clearly to the right so there's no difficulty reading them.

It might be nice if there was some way to know the D-W-M order if they're not all on the screen. Maybe something like 3 colored dots in the lower-right corner, showing the order of the 3 pivots?

The S/R lines at the right are good for realtime trading. It would be nice if they were available for visual backtesting too, though you'd want to be able to shut them off. Otherwise the chart gets way too cluttered.

Also, elusive bug: On a D1 AUDCAD chart, the weekly pivot was 0 before 6/11/12. Other pairs and tf's I checked were OK. Then I switched to W1 AUDCAD and back to D1 AUDCAD, and now D1 is OK. !? I can't make it happen again. I attached a screen shot so you can see I wasn't hallucinating...

Odd behavior, not sure if it's a concern or not: when I start a new chart / pair / tf, the daily and monthly pivots are stable. The weekly pivot starts out at one level and then replots the most recent pivot as soon as a tick comes in. Maybe not an issue, but I thought it might indicate a deeper issue. BUT after I "fixed" the D1 AUDCAD weekly pivot, it no longer does that??