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Date/Time: Mon, 20 May 2024 13:32:29 +0000



Post From: Pivot Points - Daily Formula Type 21

[2017-03-22 22:58:41]
monk - Posts: 13
Re: Study: Pivot Points - Daily Formula Type 21

Could you add another Pivot Level to the Formula Type 21.

Could you add .236 (Fibonacci) as both Resistance and Support? Also, add .50 level.


Thank you.

Extracted from the Sierra Chart documentation page...

If you require a Pivot Point lines formula that is not listed here, then contact Sierra Chart support. They are easy for us to add.


Pivot Points - Daily


Formula Type 21

Pivot Point (PP) = Tomorrow's Open

Resistance Level 0.5 (R_5) = PivotPoint + (High - Low)*0.382

Resistance Level 1 (R1) = PivotPoint + (High - Low)*0.618