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Kris

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Posts: 347

Joined: 4/20/2006
Location: JNB, ZA

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Subject : Rolling Pivot Points
Posted : 3/11/2007 10:07 AM
Post #4233

Hi there,

There are numerous posts and requests for drawing Pivot Points in the OmniTrader, the closest to my requirement is TraderMike post [ http://www.omnitrader.com/omnitrader/proforum/thread-view.asp?threadid=711&posts=4 ]

Attached please find an example what Pivots should look like, [RollingPivots.jpg] generated in TradeStation. The picture shows a 2-min chart with hourly Rolling Pivots. I actually draw Daily Pivots on Hourly charts in preparation for the next trading day [see MyPivots.jpg]. The point is that one should use larger timeframe pivots on lower timeframe chart.

Now, DEAR ED and NIRVANA TEAM, I have seen Camarilla Pivots plugin for OT that is avilable to the Club Members. Camarilla uses the same concept, but pivots are at different levels. So, the hard part of coding Rolling Pivots is already done, just the pivot level arithmetic needs to be modified. I appreciate that you want to preserve the Camarilla Strategy for premium clients, but we (the budget clients) want only standard pivots and the ability to write our own systems and strategies.

Thanks, Kris

[Edited by Kris on 3/11/2007 1:14 PM]

Attached file : RollingPivots.JPG (56KB - 820 downloads)
Attached file : MyPivots.JPG (114KB - 765 downloads)

Deleting message 4233 : Rolling Pivot Points


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