Daily Pivot Points

[kashix]

I'm trying to plot pivot points for each day on my chart, having each set of pivots for each individual day. This is the formula for the points.

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.

[NinjaTrader_Austin]

Kashix, the Pivots indicator that comes with NinjaTrader is very close to what you're looking to do here, so I would suggest modifying that so suit your needs.

The equations the pivots indicator uses are as follows:

pp                = (currentHigh + currentLow + currentClose) / 3;
s1                = 2 * pp - currentHigh;
r1                = 2 * pp - currentLow;
s2                = pp - (currentHigh - currentLow);
r2                = pp + (currentHigh - currentLow);
s3                = pp - 2 * (currentHigh - currentLow);
r3                = pp + 2 * (currentHigh - currentLow);

To create a copy that you can start changing, go to Tools -> Edit NinjaScript -> Indicator -> double left click on Pivots -> right-click the editor window and select "save as" and then rename it. From here you can modify it however you want. When you are done making the changes, right-click the editor window and select "compile" and you will be able to use it on charts and such.

Please let me know if you have any other questions.

[kashix]

Is there an index of Ninjatrader command lines that I could look at? I want to draw a short line segment for each of those points. How would I do that?

[NinjaTrader_Austin]

kashix, the help guide can be found here - http://www.ninjatrader.com/support/h...nt7/index.html.

For the NinjaScript methods, you can navigate to NinjaScript -> Language Reference and browse through everything.

Again, I would highly recommend trying to modify the current pivots indicator for your needs, as 98% of the code has already been written for you.

[mcorbett]

Hi Austin,

I have very specific requirement with respet to Pivots. I would like to calculate Pivots a little different than just HLC of previous day. I want it them to be a rolling average. For example Calculate the pivots for a number of days. say 2 or 5 in effect being a rolling average by always using most recent 2 or 5 days of pivot range

[NinjaTrader_Bertrand]

mcorbett, you would then need to custom code this modded version - there's unfortunately no default indicator available for this task.

[mcorbett]

mcorbett, you would then need to custom code this modded version - there's unfortunately no default indicator available for this task.

Where can I have this simple task done ?

[NinjaTrader_Bertrand]

You could for example contact any NinjaScript consultant for this custom coding project work -

http://www.ninjatrader.com/partners#NinjaScript-Consultants

[Libri]

modification of pivots indicator

Hi all, I would like plot half levels between default pivots. I tried modify default pivots indicator. I attached my changes, but after compile and adding to chart it didnot plot anything. can you help me find what is missing in syntax, please?

[NinjaTrader_Bertrand]

Welcome to our forums, do you get any errors in the log tab if you apply you custom indicator to a chart?

I would suggest you check also into our sharing section, there are several user modded Pivot scripts posted that would implement midpoints as well - http://www.ninjatrader.com/support/f...=pivots&desc=1

[Libri]

thank you, my friend helps me make modify pivotMid, which draws mid levels, it can be used as second indicator common with default pivots indicator

[NinjaTrader_Bertrand]

Thanks for sharing it with us here.

[Libri]

as for #10 : there was strange, it didnot write any error , but it was drawing nothing

[Harry]

There is a pivot indicator here.

http://www.ninjatrader.com/support/forum/local_links.php?action=sendtofriend&catid=4&linkid=343

Has the following features:

-> pivots for ETH and RTH sessions (futures)
-> midpivots
-> CME and Nymex holiday calendar
-> wide and narrow floor pivots
-> Jackson Zones
-> Fibonacci Pivots
-> Camarilla Pivots
-> shows pivot range as colored area

If you are interested there is also a rolling pivot indicator available that plot the pivot for a rolling N-Day session.

[kiro1000]

Kashix, the Pivots indicator that comes with NinjaTrader is very close to what you're looking to do here, so I would suggest modifying that so suit your needs.

The equations the pivots indicator uses are as follows:

pp = (currentHigh + currentLow + currentClose) / 3;
s1 = 2 * pp - currentHigh;
r1 = 2 * pp - currentLow;
s2 = pp - (currentHigh - currentLow);
r2 = pp + (currentHigh - currentLow);
s3 = pp - 2 * (currentHigh - currentLow);
r3 = pp + 2 * (currentHigh - currentLow);

To create a copy that you can start changing, go to Tools -> Edit NinjaScript -> Indicator -> double left click on Pivots -> right-click the editor window and select "save as" and then rename it. From here you can modify it however you want. When you are done making the changes, right-click the editor window and select "compile" and you will be able to use it on charts and such.

Please let me know if you have any other questions.

Hello,

I did what you said, I took the code and just renamed it without any modifications. Anyway when I try to compile it, I get the errors :

The namespace '<global namespace>' already contains a definition for 'HLCCalculationMode'
The namespace '<global namespace>' already contains a definition for 'PivotRange'
The namespace 'NinjaTrader.NinjaScript.Indicators' already contains a definition for 'PivotsTypeConverter'
Type 'PivotsTypeConverter' already defines a member called 'GetPropertiesSupported' with the same parameter types
Type 'PivotsTypeConverter' already defines a member called 'GetProperties' with the same parameter types
Cannot implicitly convert type 'NinjaTrader.NinjaScript.Indicators.Pivots' to 'NinjaTrader.NinjaScript.Indicators.PivotsMyPIVOTS '

Thanks