Help With CMI Pivots

NexusFi · 2011-01-05T07:10:01-05:00

Leave the current settings, as they are correct. For FOREX instruments you need to set the time in Eastern Time (New York) to get the correct pivots. For all other instruments these times are to be set in exchange time, just for FOREX it is New York, because New York owns the daily close of the FOREX markets. For weekly pivots the indicator should be set to 15 days, for monthly pivots to 65 days lookback period. For daily pivots you do not need 9 days, unless there is a big hole in your data. :pcguru: Fat …

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Updated January 5, 2011

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Help With CMI Pivots

January 5th, 2011, 07:10 AM	#21 (permalink)
Fat Tails Berlin, Europe Market Wizard Experience: Advanced Platform: NinjaTrader, MultiCharts Broker: Interactive Brokers Trading: Keyboard Posts: 9,888 since Mar 2010 Thanks Given: 4,242 Thanks Received: 27,102	On your daily chart there are some fake bars. The last two bars are false. This means that NT 6.5. cannot read data from your data provider correctly. If you look at the correct daily chart below, you will immediately recognize the difference. As your daily data is false, the indicator will display false results. Please use a data provider, who is compatible with NT 6.5. My recommendation is to scrap NT 6.5 and replace it with NT 7.0, as this will work much better. Attached Thumbnails