Pivots & More (PAM)

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McNish
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Posts: 227
Joined: Tue Nov 06, 2012 3:56 pm

Pivots & More (PAM)

Post by McNish »

Hello,
Here is a small tool I had put together for myself for having a look at Pivots - DWM, it's SnR's - WM, H/L's - DWM (of last, not current, i.e yesterdays's H/L, last week's H/L and last month's H/L). The reason I have not put in SnR of Daily is coz there's too small a price level to really make anything of them. One can use ATR's insted of Daily SnR's. There is also a digital MACD (if I may call it so) along with MA price action. Also a current weeks candle right shifted and spread. I also tried to build in a monthly candle right shifted I guess I could not get through with the code, it gave some error thus for the monthly, I put it a small code saperatelly. I use it all the time and on every chart, gives me good understanding of PA.

Attaching a screen shot to clarify.
PAM Demo.gif
The values are hard coded which I use but members can suit them selves here. The code may not be concise and contain extra lines of code and somewhere some repeats too. Please edit it to your needs. I hold no credit for this as I've just mixed and merged. I believe this is more of a tool that an indicator thus I'm posting here. If Mods or Admin feel otherwise, please suit your self to change.

Regards, mC.
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