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Pivot Point Indicator Help
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Pivot Point Indicator Help

  #1 (permalink)
Trading Apprentice
Los Angeles, CA
 
Futures Experience: Intermediate
Platform: GTS
 
Posts: 5 since Sep 2010
Thanks: 0 given, 1 received

Pivot Point Indicator Help

Hello Fellow Members,
I had a question concerning pivot points and data history. All pivot point indicators I find for MT4 only allow for the pivots to be applied to the current day. I wanted to do some backtesting using pivots points but Iíve had to calculate them by hand and use the horizontal line tool to see what they were for dates in the past.

Is it possible to create an indicator that allows you to apply pivot points to a specific date? Say Iím reviewing a yearsí worth of data and I want to apply the pivots to a specific date to see how they performed. Is that possible?

Thanking you in advance for any and all help.

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  #2 (permalink)
Trading Apprentice
Los Angeles, CA
 
Futures Experience: Intermediate
Platform: GTS
 
Posts: 5 since Sep 2010
Thanks: 0 given, 1 received

Any help with answering this question would be greatly appreciated.

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  #3 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
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Favorite Futures: ES
 
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trader07,

that should be possible to do in MT4. Most pivot indicators look a fixed number of bars back (usually one day). So either let the indicator look back a number of days you set via an input or let it cycle through the previous days until it finds a date that you set up via an input, too.
Something along these lines should do the trick.

Regards,

ABCTG


trader07 View Post
Is it possible to create an indicator that allows you to apply pivot points to a specific date?


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  #4 (permalink)
Trading Apprentice
Los Angeles, CA
 
Futures Experience: Intermediate
Platform: GTS
 
Posts: 5 since Sep 2010
Thanks: 0 given, 1 received


ABCTG View Post
trader07,

that should be possible to do in MT4. Most pivot indicators look a fixed number of bars back (usually one day). So either let the indicator look back a number of days you set via an input or let it cycle through the previous days until it finds a date that you set up via an input, too.
Something along these lines should do the trick.

Regards,

ABCTG

Thank you very much for the help. It's greatly appreciated.

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