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Intraday pivot points in thinkscript, specific timeframes
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Intraday pivot points in thinkscript, specific timeframes

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Trading Apprentice
Cookeville, TN
 
Futures Experience: Advanced
Platform: R|Trader, Thinkorswim
Favorite Futures: CL, RB, 6E, ZB, DX
 
Posts: 41 since Oct 2011
Thanks: 10 given, 15 received

Intraday pivot points in thinkscript, specific timeframes

Hello All,
I'm looking to create a basic Thinkscript study (or hire someone to code it up) for intraday Pivot Points (simple [H+L+C]/3) derived from discrete timeframes during the day. Twelve distinct timeframes would be defined in the script (e.g. 05:00-06:30) and a Pivot Point value for each would be calculated and plotted (shown as carried forward from start to end of next successive PP timeframe) on the chart.

There's a script on readtheprospectus.wordpress.com, called "Variable Lookback Pivot" (can't link to it here since I'm a n00b) which appears to be a decent starting point, but I'm not sure of how to define the timeframes...


I've gone into Thinkorswim's help site (tlc.thinkorswim.com) as well, most relevant content (I think) for setting up definitions of timeframes as "AggregationPeriod" and "Referencing-Secondary-Aggregation" (again, can't link).


Can anyone assist with outlining the basic steps and functions to use?

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