are you looking for MomDot?

Download: MomDots Exported using NT version 7.0.1000.1 MomDots is a displaced simple moving average calculated from the typical price (High + Low + Close)/3. You can use this indicator or simply apply a SMA(3) to the typical price, select a displacement of 2 periods … personFat Tails

Hello, I am looking for a code that plots pivot points only,(no resistance lines) based on the previous candles data. Whether it be a 30 min, 240 min or even a tick chart. Not just daily, weekly, etc. A dot for each candle when the candle opens. Has anyone ever seen a code like this or could possibly write one. Or tell me where to look for one it'd be appreciated. thanks

What you actually look for is a SMA(1) calculated from the typical price and which is displaced by 1 bar.

The typcial price is obtained by the formula (high + low + close)/3.

The SMA(1) of the typical price is the typical price itself.

If you displace it by one bar, you get what is called the pivot point.

I do not know, whether ThinkOrSwim allows you to access the typical price for calculating indicator values.

You could check the formula for the Keltner Channel as it also uses the typical price for calculating the midband.


Below is a chart plotted with NinjaTrader. Is that what you look for?

Hmm.

And here I thought he was talking about Pivots, as in Floor pivots, and PP as in Pivot Point.

Mike

we "connect the dots" so to speak.