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Issue with Pivots

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[2018-10-10 11:05:41] #1 [Go To First Post]
StevenCaleb - Posts: 14
I posted this a week ago but never got an answer. The pivots are correct on daily. When I switch to the 4H they change. PP 7670 on daily. 7649 on 4H (see images) On Chart Settings I'm using session times 9:30-16:14:59 I'm using Candlestick Bars, Bar Period Type: Days-Mins-Secs Per Bar Setting 0-240-0 http://www.sierrachart.com/image.php?Image=1538660338635.png http://www.sierrachart.com/image.php?Image=1538660431484.png

[2018-10-10 22:26:47] #2 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
It does make sense there would be a difference. Refer to: Pivot Points are not Accurate or are Different You need to look at the difference between the open high low and close values between those two different charts. 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

[2018-10-11 12:05:35] #3 [Go To First Post]
StevenCaleb - Posts: 14
Pivot points are based on the day season from the previous day 9:30-4:15 and should have nothing to do with time frame. When I use "user entered values" there's no issue, they are the same on all time frames. This is a bull crap answer. I posted a week ago and never got an answer. This answer took 2 days. When I finally get an answer it's this crap. I put up a very thorough post with pics yet can't get an answer.

[2020-10-15 17:58:47] #4 [Go To First Post]
User232165 - Posts: 25
I have the same issue using weekly pivots. The values of the weekly pivots are correct on a daily chart. But when changing the time frame to 5min, 1min, 1h... they change. I would like to see the same values on each time frame. Isn´t it possible? I´using the pivot points variable period.

[2020-10-15 19:05:21] #5 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Refer to this page: Pivot Points are not Accurate or are Different 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

[2020-10-15 19:15:26] #6 [Go To First Post]
User232165 - Posts: 25
Still don´t know what to do here. I am a newby to SC. Could someone explain this to me? Is it possible to set up the weekly pivots like i want or not? On other platforms there a always constant values no matter which timeframe is selected.

[2020-10-15 22:22:36] #7 [Go To First Post]
Sawtooth - Posts: 3975
Pivot points are based on the day season from the previous day 9:30-4:15 and should have nothing to do with time frame. In Sierra, it does make a difference because the Pivot Point is calculated on yesterday's HLC average of the chart's time frame. This is why the Pivots can be different between an RTH chart and an Historical >> Daily chart. An Historical >> Daily chart may not have the same HLC values as an RTH chart, so Pivots may actually be inaccurate if you are expecting an Historical >> Daily chart to be using the HLC of the RTH. If you want accurate Pivots for the RTH, the chart's session times must be 09:30:00 to 16:14:59 (assuming US Eastern Time Zone). If your chart is using other intraday session times, you would need to overlay them from an RTH chart using the Study/Price Overlay study on the destination chart. Is it possible to set up the weekly pivots like i want or not? If you want the pivots from an Historical >> Daily chart on an intraday chart, you would need to overlay them using the Study/Price Overlay study on the intraday chart. But note: Pivots on an Historical >> Daily chart are not necessarily the same as from an RTH chart.

[2020-11-06 15:48:27] #8 [Go To First Post]
User232165 - Posts: 25
If you want accurate Pivots for the RTH, the chart's session times must be 09:30:00 to 16:14:59 (assuming US Eastern Time Zone). Why not 16:00?

[2020-11-06 19:42:36] #9 [Go To First Post]
Sawtooth - Posts: 3975
Why not 16:00? Because 16:14:59 is the End Of Day, and accurate pivots use the EOD time of the previous day. https://www.cmegroup.com/trading-hours.html#equityIndex (CME times are Central, not Eastern) Also, because Sierra's bar timestamp is at the Open, the EOD end time is 1 second less, e.g. 16:15:00 needs to be 16:14:59. This is necessary so that the values are not later than 16:15:00 because the 16:15:00 bar contains data after 16:15:00.

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