Pivot points simply took the high, low, and closing price from the previous period and divided by 3 to find the pivot. From this pivot, traders would then base their calculations for three support, and three resistance levels. The calculation for the most basic flavor of pivot points, known as ‘floor-trader pivots’, along with their support and resistance levels.
I know this is a stupid question, but how can I add this to my charts? Haha
Thanks a lot!
clients97546
⋅
@LukeHoweth, are you on drugs? JK. goto ADD button on top
andrewwhittle
⋅
how do you adjust this to weekly / monthly pivots?
Ukendt
⋅
@andrewwhittle, I guess you'll change TickerId from "D" to "W"?
jayceetrader
⋅
Hi, Can I load this into MT4 indicators and how is that done exactly I'm not sure as I thought copy and paste.
Will I have to make a new folder within my indicators.
Appreciate your help.
John
@goofrobin, I just use the vwap as guide. i enter the market with the first first R or S level crossed. target is the last level. almost always correct its insane.
I know this is a stupid question, but how can I add this to my charts? Haha
Thanks a lot!