Registered User Joined: 10/7/2004 Posts: 1,178
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Since backing up a chart doesn't affect Pivot Points, In order to study stocks in a historical basis, I wish I could place the formula for Pivot Point as a Custom Indicator.
I've tried adding (H1 + L1 + C1) / 3 as Custom PCF % True and as Custom PCF % True, but neither works.
Can you make a suggestion, Bruce?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You can use the following formula in a Custom PCF Indicator (not a Custom PCF % True Indicator) on a daily chart and it will display what the value of the pivot point would have been on that day, but there is no way to calculated and displays values for past days on an intraday chart.
(H1 + L1 + C1) / 3
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 10/7/2004 Posts: 1,178
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Yes, it does!
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The formula will plot an indicator on an intraday chart when used in a Custom PCF Indicator, but the values will be calculated based on the previous intraday bar instead of based on the previous trading day as would normally be done to calculate the piviot point (so the values displayed are not wat most people would want).
-Bruce Personal Criteria Formulas TC2000 Support Articles
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