Hi Bruce.

Some questions on this.

What I want to do is compare the current price on a 15 minute chart with the current pivot point.

You indicate that pivot point is only accurate if computed daily and that seems to be true.  If I create 1 min, 15 min and daily pivot indicators using the (H1 + L1 + C1) / 3 formula, only the daily matches the value on the chart.

However, if I export the data from a one minute chart, the pivot value changes every minute.  If it were computed daily it shouldn't change minute by minute.  

Also, if I click on the chart's pivot indicator and choose Show Values in WatchList, the subsequent dialog allows selection of any time frame.  If I choose 15 minute it then matches the value on my 15 minute chart.

Very odd...

Has pivot point calculation changed in v12.3?

You would appear to have uncovered a bug in the export of the built in Pivot Point indicator. I do not know what the values represent as they do not match pivot point formula results for the same time frame. It is possibly displaying the results of some intermediate calculations, but I really could not say.

While you can change the time frame of the WatchList Columns of the Pivot Points, they do seem to still display Daily Pivot Point calculations (or at least Daily results as constructed from the shorter Time Frame).

The program may have changed in that I do not remember being able to use the built in Pivot Point indicator in Conditions, WatchList Columns or Exports, but it could just be me misremembering or never trying to do so in the first place (although it seems likely that I would have at least tried creating Conditions at the time of the original request).

So...

PP is only valid during a daily time frame.

I want to compare the current price on a 15 minute chart to it.  The current price seems to be the same no matter what the time frame so for the time being I can use a daily time frame and a separate columnfor that condition.

However...

(another feature request)

It would open up a lot of possibilities if there were 2 additional capabilities built into the column properties themselves: (1) visible or hidden (2) Column condition and indicator formulas that allows comparisons and math between two columns, [ie (col A > col B), (Col A * Col B) ...etc]

With these additions, I could have a hidden column tied to a condition or indicator using one time frame, a hidden column tied to a condition or indicator using a different time frame and a visible column showing the comparison of the two.

And a separate but vastly simpler request.  Add the ability in the column properties to also issue an alert when a condition is true.   

Thanks,

Ty

Thank you for your suggestions. I have submitted your WatchList Column visible/hidden and math/comparison suggestions as case number 9894.

Could you please clarify the details of how you want to your WatchList Column Alert suggestion to work? Alerts are currently created for a single symbol at a time. Are you suggested Alerts be generated based on the results of an entire WatchList of Condition Columns at the same time? If you are not suggesting an actual Alert, how would it differ from current WatchList Columns based on Conditions which can display things such as checkmarks when the Condition is true for the symbol?

Yes, clarification is in order.  My fault.

I didn't mean an alert dialog, I meant a sound alert - like a beep, ding, boing or whatever, tied to the same condition that now sets the dots or checkmarks.  In watchlists where lots of conditions are true I wouldn't want a sound.

But for that rare condition that signals either a buy or the need for a much closer look, it would be helpful.  I'm looking at intraday 15 minute charts, conditions and indicators.  When they refresh it would be great if a sound could be issued to pull my attention away from my other activities.

Thanks,

Ty

PS  Is there any way to review the cases to see what tatus they are in?

Thank you for your suggestion. It has been assigned case number 9897.

The database is not publicly available. You could contact technical support and they should be able look up the bug or suggestion using the case number, but this would probably not give either you or the technical support agent any insight into when a bug fix or suggestion is going to be implemented.

Another question re your comment on pivot point: "The Pivot Points are Daily and the formulas need to be Daily as well."

Based on your formula [PP=(H1 + L1 + C1) / 3], pivot is nothing but the avg of the prior period high, low and close.  So why is it only valid for a daily time frame.  If using a 1 minute or 1 hour chart, doesn't each bar have the H-L-C of that period?  If so, isn't the pivot computed from those values just as valid for that chart (at least as a reflection of the avg) as the daily pivot is for the daily?

Ty

My point was simply that if you want the results of the pivot point calculations to match the built in pivot point indicator, then the time frame of the formulas need to be daily because the time frame of the built in pivot point indicator is daily.

Besides not matching the built in pivot point indicator or most technical analysts definition of what constitutes pivot points, there is nothing mathematically invalid about using the pivot point calculations on something besides daily bars.