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Correct pivots for today?
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Correct pivots for today?

  #1 (permalink)
Elite Member
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Correct pivots for today?

Yesterday was a public holiday with no settlement. so all trades of yesterday were for today!

This mean that you want to calculate today's pivots from Friday's high, low and close.

You want to calculate tommorow's pivots from the two day session including yesterday and today.

I attach an indicator that does the job for you.

Or would you want to calculate pivots from yesterday's high, low and close, although the session never closed?

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Correct pivots for today?-es-06-10-30-min-01_06_2010-correct.jpg   Correct pivots for today?-es-06-10-30-min-01_06_2010-false.jpg  
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  #2 (permalink)
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  #3 (permalink)
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Answer
This post has been selected as an answer to the original posters question Answer


I'm not following pivots right now but this is what TOS is telling me with the default pivots indicator. Let me know if you want me to look at any particular timeframes.

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  #4 (permalink)
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Fat Tails View Post
Yesterday was a public holiday with no settlement. so all trades of yesterday were for today!

This mean that you want to calculate today's pivots from Friday's high, low and close.

You want to calculate tommorow's pivots from the two day session including yesterday and today.

I attach an indicator that does the job for you.

Or would you want to calculate pivots from yesterday's high, low and close, although the session never closed?

THAT MEANS IT IS GONNA BE AN AWFUL DAY. ANY WAY ENJOY...


Last edited by ramzankarim; June 1st, 2010 at 01:07 PM. Reason: tHANK YOU
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  #5 (permalink)
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I have asked the question, because I think that these pivots are false. The default pivots always calculate today's pivots from yesterday's high, low and close- As yesterday was a holiday without settlement - all trades yesterday were for trade date today -, you would need to take Friday's HLC to calculate pivots for today.

But maybe nobody is interested in such details. Everybody is happy, if some lines show up on the chart, even if they are in the wrong place......




MXASJ View Post
I'm not following pivots right now but this is what TOS is telling me with the default pivots indicator. Let me know if you want me to look at any particular timeframes.


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  #6 (permalink)
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Indicator Update

Indicator Update

Up-to-date Indicator can now be found under Indicator Downloads. V21 has a serialization bug, so it does not memorize the holiday dates you have entered, when you save the workspace. Below debugged version V22.

New indicator has holidays preset for CME index, currency and energy futures.

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