Hourly central pivot range

Hi all,

Can somebody please share or code central pivot range for NT7. I am looking for code which takes last 12 bars highest high, lowest low and close to calculate central pivot range. Using this data central pivot range to be plotted on next 12 bars. I want to plot the same on 5 min chart.

following is the code:

pivot = (H+L+C)/3

BP = (H+L)/2

TP = pivot + (pivot -BP)

kindly help.

regds,s

Hi all,

 

Can somebody please share or code central pivot range for NT7. I am looking for code which takes last 12 bars highest high, lowest low and close to calculate central pivot range. Using this data central pivot range to be plotted on next 12 bars. I want to plot the same on 5 min chart.

 

following is the code:

 

pivot = (H+L+C)/3

BP = (H+L)/2

TP = pivot + (pivot -BP)

 

kindly help.

 

regds,s

This can be done, but if we are at bar X and we look back 12 bars for the calculation and then project the calculation forward 12 bars, how do we define where bar X is?

Check if this is what you are looking for.

https://www.sendspace.com/file/3hwk06

It calculates pivots of previous 12 hours period and project it forward on the next 12 hours

Here is the indicator

https://www.sendspace.com/file/o2kdju

I guess you can understand it and no need for explanation. Just import the file and enjoy. If there are bugs let me know, but ensure you have sufficient data in the chart.

Here is the indicator

 

https://www.sendspace.com/file/o2kdju

 

I guess you can understand it and no need for explanation. Just import the file and enjoy. If there are bugs let me know, but ensure you have sufficient data in the chart.

thanks a ton! for the help

regds,s