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Questions on pivots
[Phantal]
 Post subject: Questions on pivots Post rating: 0   Post Posted: Mon 05 Jul, 2010, 23:49 

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* What is the name (in the API) of 'standard' pivots (in the gui, it's just called PIVOT)
* What is used for calculating the pivots? The previous <period>'s OHLC values & whatnot?
* Is there a way to affect what criteria are used for calculating pivots? For example, some people go off the start of a day, the closing price of the previous <session> close price, and other oddities.

-Brian
 
API Support
 Post subject: Re: Questions on pivots Post rating: 0   Post Posted: Wed 07 Jul, 2010, 15:14 
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Quote:
What is the name (in the API) of 'standard' pivots (in the gui, it's just called PIVOT)
Thank you for your attention. This will be added with next release. Meanwhile you can use IIndicators.calculateIndicator.
Quote:
What is used for calculating the pivots? The previous <period>'s OHLC values & whatnot?
For a pivot calculation is used last candle. Pivot could be built also on, for example, one day candle even if a chart uses the one minute candle.
Quote:
Is there a way to affect what criteria are used for calculating pivots? For example, some people go off the start of a day, the closing price of the previous <session> close price, and other oddities.
We are not sure what exactly you want to do, but at the moment, in a real mode there isn't a way to affect data, that are used for the pivot indicator calculations, because pivot indicators are calculated on previous candle. However it is possible to create historicalKindOfPivot, that could be used in a Historical Tester.
 
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