PP = (H + L + C) / 3
R1 = (2*PP) - L
R2 = PP + (H - L)
R3 = H + 2*(PP-L)
S1 = (2*PP) - H
S2 = PP - (H - L)
S3 = L - 2*(H - PP)
So I would use the open, close, high, and low on the daily chart and I would want to plot them on my 15 min chart. Please point me in the direction of how I could develop this indicator.
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