OmniTrader Professional Forum : OmniScripts : floor pivots

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OmniTrader Professional Forum OmniScripts floor pivots		Last Activity 9/1/2024 11:18 PM 6 replies, 995 viewings

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beech pilot

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Subject : floor pivots
Posted : 4/1/2022 10:25 PM
Post #31988

hello i use the floor pivots indicator is there a way to have the price of the floor pivot to be placed on the level of the pivot? as of now they are solid horizontal lines but with the price level of the pivot would be nice to know where it is at

Attached file : 4-1-2022 8-25-52 PM.jpg (121KB - 213 downloads)

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Etherist

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Subject : RE: floor pivots
Posted : 6/25/2024 7:53 AM
Post #32457 - In reply to #31988

Howdy there Beech Pilot

Try this adjusted version of the Floor Pivot Indicator ... it includes the price levels on the far right hand side of the solid horizontal lines.

Let me know if this was what you were chasing.

Cheers :-)

Attached file : FloorPivotWithLabels.txt (7KB - 86 downloads)

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Etherist

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Subject : RE: floor pivots
Posted : 6/26/2024 7:29 PM
Post #32458 - In reply to #31988

Hello again Beech

Here is an updated version of the Floor Pivot Indicator to include the pricing labels and coloring the Support and Resistance lines, as seen below:

Ensure you set the Show_Current_Only Parameter to 0

Floor Pivots with Price Labels

[Edited by Etherist on 6/26/2024 9:11 PM]

Attached file : FloorPivotLabelsV3.txt (7KB - 85 downloads)

Attached file : FLoorPivotLabelsv3a.jpg (145KB - 286 downloads)

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Etherist

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Subject : RE: floor pivots
Posted : 6/30/2024 8:05 AM
Post #32461 - In reply to #31988

Tweaked to reflect Support "S" and Resistance "R" Labels, rather than Highs "H" and Lows "L". Akin to TradingView's styling.

[Edited by Etherist on 7/6/2024 8:10 AM]

Attached file : FloorPivotLabelsV4.txt (7KB - 78 downloads)

Attached file : FLoorPivotLabelsv4.jpg (169KB - 254 downloads)

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Frank Birch

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Subject : RE: floor pivots
Posted : 7/5/2024 1:51 PM
Post #32462 - In reply to #31988

Hi to Etherist and all,

I must say very elagant work !!!! well done! want a job!

Regards

Frank Birch

[Edited by Frank Birch on 7/5/2024 1:53 PM]

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Frank Birch

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Subject : RE: floor pivots
Posted : 7/5/2024 1:56 PM
Post #32463 - In reply to #32462

Hi to all,

Remeber with Floor pivots there subjective?
You need to enhance the system logic (which wasnt done before) with the levels and price bar action to make them more reactive?

Regards

Frank Birch

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Etherist

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Subject : RE: floor pivots
Posted : 7/6/2024 6:36 AM
Post #32464 - In reply to #31988

Hey there Frank :-)

Thanks for reviewing the code. I appreciate the insight on Floor Pivots.

I see your point, re: subjectivity ... Timeframes (D/W/M), Market Conditions (volatility/volume/market sentiment), Interpretation (some levels may appear more important or coincide with other indicators, etc).

To enhance the logic, and make the levels more price reactive, I have added in: dynamic adjustment of levels, incorporating momentum and volume and more frequent updates.

Let me know if you'd like to see any changes. Always open to useful feedback.

Cheers Etherist

[Edited by Etherist on 7/6/2024 6:42 AM]

Attached file : FloorPivotLevels.txt (7KB - 99 downloads)

Attached file : FloorPivotLevels.jpg (147KB - 190 downloads)

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