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Date/Time: Mon, 29 Apr 2024 10:37:54 +0000



New functionality request for Pivot Point indicator

View Count: 1439

[2017-09-07 17:17:18]
User727034 - Posts: 21
I've looked at the use of the Pivot Point indicator and the description suggests contacting support if a desired formula is not there.

I would look for a modification that adds a user-defined constant to the Pivot Point indicator

(a) the user needs to be able to define the Pivot Point e.g. Yesterdays Close, Today's Open (in particular), High-of-day, Low-of-day [intraday], OR even using a User-Defined value would have good use.
(b) select the user defined constant input e.g. 5

Then the formula would be

* *Resistance Level 1 (R1)* = PivotPoint + UserDefinedConstantx1
* *Resistance Level 2 (R2)* = PivotPoint + UserDefinedConstantx2
* *Resistance Level 3 (R3)* = PivotPoint + UserDefinedConstantx3
* *Resistance Level 4 (R4)* = PivotPoint + UserDefinedConstantx4
* *Support Level 1 (S1)* = PivotPoint - UserDefinedConstantx1
* *Support Level 2 (S2)* = PivotPoint - UserDefinedConstantx2
* *Support Level 3 (S3)* = PivotPoint - UserDefinedConstantx3
* *Support Level 4 (S4)* = PivotPoint - UserDefinedConstantx4

A line would appear at each level.

Would it possible to use such an indicator on intraday charts that would plot similar type Resistance and Support lines if the Pivot Point could be selected as the Current High-of-the-day or the Current Low-of-the-day?
[2017-09-07 18:43:45]
Sierra Chart Engineering - Posts: 104368
We really recommend you develop your own study for this.

This is too extensive of a change and addition for us to be supporting. It is significantly different than the existing Pivot Points study.

Refer to:
http://www.sierrachart.com/index.php?page=doc/AdvancedCustomStudyInterfaceAndLanguage.php
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2017-09-07 18:44:25
[2017-09-08 17:10:32]
User727034 - Posts: 21
Is it possible for users to use the code of the pivot point study and modify it to suit their own use. If so how can one get it?
Thanks
PS I've read the custom studies documentation (above) in the sierra charts ACSIL but it references a folder with examples of studies which i was unable to find the Pivot Point indicator code
[2017-09-08 19:36:06]
Sierra Chart Engineering - Posts: 104368
Yes. Refer to:
https://www.sierrachart.com/index.php?page=doc/BuildCustomStudiesDLL.html#SearchingSourceCodeBuiltIn

The core calculation code is located in the /ACS_Source/SCStudyFunctions.cpp file
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

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