Gold Customer
Joined: 5/19/2005 Posts: 17
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I'm trying to set up a trading plan for next day trading based on floor trader pivot points.
But, I need the PP values at the close of the current day, based on current days highs, lows, close, etc...
I know the PP formulas are using values such as H1, C1, L1, etc ....
When does the current days values become historical (H1, C1, etc...) vs H, C, L (current day)?
I would like for these "next day" PP to show on my chart after the close of current day data as soon as possible vs having to wait in the morning for that days PP values to show on chart.
Hopefully this makes sense.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I don't think the values change until the start of the next trading day (and if I am wrong, it would change at midnight USA ET).
If you want to get the values early, subtract one from all of the bars ago parameters for the formulas (so use H, L, and C instead of H1, L1, and C1 in the formulas).
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 5/19/2005 Posts: 17
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Bruce, thank you. I'm a little confused though. Wouldn't H2, L2, C2 be values from the last two days and still not be counting the current day?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You are absolutely correct. You would need to subtract and not add one to all of the bars ago parameters. Corrected above.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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