Author Topic: Pivot Filters  (Read 6834 times)

braddoubleu

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Pivot Filters
« on: July 21, 2010, 12:48:04 pm »
All users now have access to the pivot filters which allow you to compare the current price to the various pivot points.

http://www.trade-ideas.com/Help.html#WSF_MinPivot

Here is how it is calculated:
     Resistance 2 = Pivot + (R1 - S1)
     Resistance 1 = 2 * Pivot - Low
     Pivot Point = (High + Close + Low) / 3
     Support 1 = 2 * Pivot - High
     Support 2 = Pivot - (R1 - S1)