Registered User Joined: 12/28/2011 Posts: 120
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Hi,
Pivot points are drawn something like this at the moment
15 min
http://www.dowce.com/~2Xd
1Hr
http://www.dowce.com/~2b4
As you can see the pivots are drawn extanding horizontally the complete extent of the time frame. Even though they really are only valid for the most recent DAY of that timeframe.
Here is how they appear on my other charting software.
http://www.dowce.com/~2b2
As you can see the pivots change every day and we can see the previous days pivot points. And we can see if this stock is the knd of stock to adhere to the pivot points - or ignore them.. With TC2000 we cannot do this..
It doesnt look (to me) like ASTI follows pivot points.. But other stocks do seem to follow the pivot points (better at least)
http://www.dowce.com/~2bE
But on TC2000 there is no way to notice this.. We cannot compare the previous pivot points with the chart to see if they are a useful indicator.
Also the rendering of the pivot lines back to previous days is pretty misleading in terms of what they are supposed to be used for...
Maybe they should be redesigned ?
Just a suggestion
-Jason
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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It is possible to do this in StockFinder. It is not currently possible to do this in TC2000.
Thank you for your suggestion. It has been assigned case number 7972.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 1/28/2005 Posts: 38
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I have been requesting for the ability to have weekly or monthly pivots (or any timeframe) to show up on a different time frame. For example, have monthly pivot points overlaid onto a daily chart. Since you already have all timeframes from intraday to yearly, this should not be difficult to program. It would be highly useful.
Joe
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Thank you for your suggestion. It has been assigned case number 7982.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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