Calling Pivot Point returns 0 temporarily

[marty087]

Hi,

I am calling the pivot point indicator from another indicator I have.

This is how I am calling it in my indicator

double temp =Pivots1(PivotRange.Daily,HLCCalculationMode.Daily Bars,0,0,0,0).GetVal();

Then I am immediately printing to the output window to check the val

Print ("Pivot is - "+temp);

This is the function I have added to the Piivot indicator to return the val

public double GetVal()
{
Update();
return (pp);
}

The strange thing is that on the first couple of returns, the value is "0" then after a tick it kicks in and returns correctly.

Can anyone shed some light on why it is returning "0" first even though i am updating?

Thanks for any help.

[NinjaTrader_CalH]

Hi Marty087,

Thank you for your post.

You will need to set the bars required to 0 for the Indicator -
BarsRequired = 0; in the Initialize() method.

http://www.ninjatrader.com/support/h...rsrequired.htm

[marty087]

Thanks again Cal.... Doesnt seem to work though. Still only gives me a 0 until a tick goes by. I noticed that there is quite a delay when adding the Pivot indicator(NT supplied) onto the chart, could this have something to do with it?

I just did a quick work around by calculating the pivots within my indi like this

#region GetPivots

void GetPivots()

{
//Add(PeriodType.Day, 1); // put in initialize
double currentClose = Closes[1][1];
double currentHigh = Highs[1][1];
double currentLow = Lows[1][1];
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);


}
#endregion

But the problem then is that the indi runs twice on every tick (one for each instance/time frame) and this will chew up valuable resources for me.....

Any suggestions.

Cheers.

[NinjaTrader_CalH]

Marty087,

If you are using different time frames, you can use BarsInProgress to filter out the ticks that are calling OnBarUpdate()
http://www.ninjatrader.com/support/h...inprogress.htm

Additionally, you can use FirstTickOfBar to only have any thing after that calculate on the first tick of a new bar.
http://www.ninjatrader.com/support/h...ttickofbar.htm

[Harry]

Due to internal synchronization issues, the Pivots indicator cannot be called in DailyBars mode. This is a know issue with NinjaTrader 7 and will hopefully be addressed with NinjaTrader 8.

The only way to call the pivots from another indicator or a strategy is to use

HLCCalculationMode.CalcFromIntradayData

Attached is a sample indicator to access the pivots. You will see the problem confirmed, when the pivots are accessed in HLCCalculationMode.DailyBars.

[marty087]

Thanks Harry, this explains the issues i've been having.