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This is a discussion on AllPivots within the Trading tools forums, part of the Trading Forum category; Originally Posted by julio@ Hi Igorad, this is my first post in this great forum. First of all I want ...

          
   
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    Quote Originally Posted by julio@ View Post
    Hi Igorad, this is my first post in this great forum. First of all I want to thank you and the great team that keeps you active and for the development of these wonderful indicators and EA's.

    I do not know if that is exactly what Shay14 is referring to, since I have not understood him very well, but I mention what I have observed in my case regarding the AllPivots indicators. When in Base Hour Shift or Session Star Hour you change the time from 0 to 19, for example, when changing TF the prices of PP, Resistances and Supports are different, so I do not know what prices I should take into account. Attached screenshots with settings and screenshots with various TF in which you can see the different prices.

    I would appreciate your review and comments on this.

    Cheers

    Attachment 33979
    Attachment 33976
    Attachment 33977
    Attachment 33978

    Hi julio@,

    As I wrote before many times the indicator builds pivots using the current chart prices. So there is no sense to use the Session start hour parameter for timeframes higher 1H.
    Also please be careful to using Weekly chart to build MN1, Q1 and YR1 because we can't get exact start date of these timeframes.

    Regards,
    Igor
    julio@ likes this.

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    Quote Originally Posted by igorad View Post
    Hi julio@,

    As I wrote before many times the indicator builds pivots using the current chart prices. So there is no sense to use the Session start hour parameter for timeframes higher 1H.
    Also please be careful to using Weekly chart to build MN1, Q1 and YR1 because we can't get exact start date of these timeframes.

    Regards,
    Igor


    Hi Igor

    When you say it builds using current chart prices, if I put the indicator in my current timezone, the dots buy/sell lines shouldn't change ?
    I don't know if its my eyes playing tricks on me, sometimes i'd click on a chart and it seems like the buy/sell lines refresh

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    Quote Originally Posted by shay14 View Post
    Hi Igor

    When you say it builds using current chart prices, if I put the indicator in my current timezone, the dots buy/sell lines shouldn't change ?
    I don't know if its my eyes playing tricks on me, sometimes i'd click on a chart and it seems like the buy/sell lines refresh
    Hi shay14,

    Ok, I'll test these levels. Right now I plotted 2 lines on the Buy/Sell Levels(0.7236/0.7204) on AUDUSD,M30. So we'll see how these levels will change with time.


    AllPivots-allpivots_v5.7-dots-test.jpg


    Regards,
    Igor

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    3 hours later: nothing changed, all levels at the same places

    AllPivots-allpivots_v5.7-dots-test-2.jpg

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    Quote Originally Posted by igorad View Post
    3 hours later: nothing changed, all levels at the same places

    Click image for larger version. 

Name:	allpivots_v5.7 dots test 2.jpg 
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    thanks very much Igor

    great indicator btw

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    Igor, i like your pivots very much, i do have found new kind of formula for Support and Resistance level "ZERO=0", do you able to implement this for "Floor" and "Demarks"?
    How to use this is for filter daily intraday trading strengths whether it is bullish or bear.
    Something like if above PP and R0 then it is bullish; if below PP and S0 then it is bullish
    The formula itself is fairly simple just based on previous day open,close,high,low

    Another suggestion will be whether it can have a switch to show each levels of support and resistance. for example more often than not, level 3 or 4 are not touch in intraday. so that we can off it to less clogg charts
    Last edited by alvinleongcw; 01-19-2019 at 07:30 AM.

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    Hi igorad. Can you explain how the DOTS level are calculated? like what is the logic behind them?
    been succesfully using them, just wondering how they are based

    thank you

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    Quote Originally Posted by alvinleongcw View Post
    Igor, i like your pivots very much, i do have found new kind of formula for Support and Resistance level "ZERO=0", do you able to implement this for "Floor" and "Demarks"?
    How to use this is for filter daily intraday trading strengths whether it is bullish or bear.
    Something like if above PP and R0 then it is bullish; if below PP and S0 then it is bullish
    The formula itself is fairly simple just based on previous day open,close,high,low

    Another suggestion will be whether it can have a switch to show each levels of support and resistance. for example more often than not, level 3 or 4 are not touch in intraday. so that we can off it to less clogg charts

    Hi alvinleongcw,

    It's interesting but I need to know the formula "ZERO=0" and I can add it to the Base Price list. Concerning your second suggestion: at any time you can remove levels 3 and/or 4 from the Pivot Values list.

    Regards,
    Igor

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