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JFOREX-2513 Pivot levels on P&F and Range Bar
[simplex]
 Post subject: JFOREX-2513 Pivot levels on P&F and Range Bar Post rating: 0   New post Posted: Wed 01 Dec, 2010, 17:28 

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Joined: Mon 30 Aug, 2010, 13:06
Posts: 27
Hello

The pivot indicator does not work on p&f charts. the levels are not drawn.

Edit: it doesnt work on range bar charts either.
Edit2: to specify the problems on the range bar charts, i have 5 range bar charts open. on 3 of them the pivots are drawn for the previous days but not the actual day. on the two other charts, the pivots are drawn for today and previous days but the lines disappear when the start of the day is not visible on the chart.

best

simplex
 
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 Post subject: Re: JFOREX-2513 Pivot levels on P&F and Range Bar Post rating: 0   New post Posted: Mon 03 Jan, 2011, 13:47 
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Joined: Fri 31 Aug, 2007, 09:17
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The main aim of Pivots indicator is to analyse concrete TIME period.
As you know, Price Bars and PnFs have no any time period. The data is aggregated by PRICE not by time.
So there is no point in Pivot indicator for those charts at all. That is why Pivots doesn't appear.

https://en.wikipedia.org/wiki/Pivot_point -" A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the PPRIOR TRADING PERIOD".
 
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