Pivot point indicator; developed by ZOOZZOO

zoozzoo wrote:
i gave it a another attempt, this time you have to specify "Specific Time Period High, Specific Time Period Low and Specific Time Period Close" and then it will automatically generate pivot point, support levels and resistance levels for you. remember this is only for Specific Time Period it will not identify High, Low and Close automatically, you have to mention them manually.

to add to DFN,
tools>indicator builder>copy and paste the code>first click test icon(one forward arrow)>then click the double arrow>on upcoming window "Advanced tab">type "Short Name" as "PivotPoint">"Default insert window" choose "Same inner window as source.

hope you will use this with caution until few days, if you found any error let me know.

please feel free to use this script, no copyright

Code:

/* Pivot Point Generator By Zoozzoo */
/*
Pivot Point = [Specific Time Period High + Specific Time Period Low + Specific Time Period Close] / 3

Support Levels
 S1 = [Pivot Point * 2] - Specific Time Period High
 S2 = Pivot Point - Specific Time Period High + Specific Time Period Low
 S3 = S2 - Specific Time Period High + Specific Time Period Low

Resistance Levels
 R1 = [Pivot Point * 2] - Specific Time Period Low
 R2 = Pivot Point + Specific Time Period High - Specific Time Period Low
 R3 = R2 + Specific Time Period High - Specific Time Period Low
*/

/* Start my idea */
param double SpecificTimePeriodHigh = 0.0;
param double SpecificTimePeriodLow = 0.0;
param double SpecificTimePeriodClose = 0.0;
DataArray PP, S1, S2, S3, R1, R2, R3;

/* Pivot Point Define */
PP = ((SpecificTimePeriodHigh + SpecificTimePeriodLow + SpecificTimePeriodClose) / 3);

/* Support Levels Define */
S1 = ((PP * 2) - SpecificTimePeriodHigh);
S2 = (PP - SpecificTimePeriodHigh + SpecificTimePeriodLow);
S3 = (S2 - SpecificTimePeriodHigh + SpecificTimePeriodLow);

/* Resistance Levels Define */
R1 = ((PP * 2) - SpecificTimePeriodLow);
R2 = (PP + SpecificTimePeriodHigh - SpecificTimePeriodLow);
R3 = (R2 + SpecificTimePeriodHigh - SpecificTimePeriodLow);

plot (PP, Green, Dash, 2);

plot S1;
plot S2;
plot S3;

plot R1;
plot R2;
plot R3;

SHARK aka TAH wrote:This is ASPI Chart with Zoozzo PP Indicator



Looks awesome zoozzo

NC wrote:Any Programmers .... ????
Plz comment

Code:

/* Pivot Point - Woodie Generator By Zoozzoo & NC*/
/*
Pivot Point = [Specific Time Period High + Specific Time Period Low + Specific Time Period Open + Specific Time Period Open] / 4

Support Levels
 S1 = [Pivot Point * 2] - Specific Time Period High
 S2 = Pivot Point - [Specific Time Period High + Specific Time Period Low]
 S3 = Specific Time Period Low - 2 * [Specific Time Period High - Pivot Point]
 S4 = Pivot Point - 3 * [Specific Time Period High - Specific Time Period Low]

Resistance Levels
 R1 = [Pivot Point * 2] - Specific Time Period Low
 R2 = Pivot Point + [Specific Time Period High - Specific Time Period Low]
 R3 = 2 * [Pivot Point - Specific Time Period Low] + Specific Time Period High
 R4 = 3 * [Specific Time Period High - Specific Time Period Low] + Pivot Point
*/

/* Start my idea */
param double SpecificTimePeriodOpen = 0.0;
param double SpecificTimePeriodHigh = 0.0;
param double SpecificTimePeriodLow = 0.0;
param double SpecificTimePeriodClose = 0.0;

DataArray PP, S1, S2, S3, S4, R1, R2, R3, R4;

/* Pivot Point Define */
PP = ((SpecificTimePeriodHigh + SpecificTimePeriodLow + SpecificTimePeriodOpen + SpecificTimePeriodOpen) / 4);

/* Support Levels Define */
S1 = ((PP * 2) - SpecificTimePeriodHigh);
S2 = (PP - SpecificTimePeriodHigh + SpecificTimePeriodLow);
S3 = (SpecificTimePeriodLow - 2*(SpecificTimePeriodHigh - PP));
S4 = (PP - 3*(SpecificTimePeriodHigh - SpecificTimePeriodLow));

/* Resistance Levels Define */
R1 = ((PP * 2) - SpecificTimePeriodLow);
R2 = (PP + SpecificTimePeriodHigh - SpecificTimePeriodLow);
R3 = (2*(PP - SpecificTimePeriodLow) + SpecificTimePeriodHigh);
R4 = (3*(SpecificTimePeriodHigh - SpecificTimePeriodLow) + PP);

plot (PP, Green, Dash, 2);

plot S1;
plot S2;
plot S3;
plot S4;

plot R1;
plot R2;
plot R3;
plot R4;

Code:

/* Pivot Point - Fibonacci Generator By Zoozzoo & NC */
/*
Pivot Point = [Specific Time Period High + Specific Time Period Low + Specific Time Period Close] / 3

Support Levels
 S1 = Pivot Point - (0.382*(Specific Time Period High - Specific Time Period Low))
 S2 = Pivot Point - (0.618*(Specific Time Period High - Specific Time Period Low))
 S3 = Pivot Point - (1*(Specific Time Period High - Specific Time Period Low))

Resistance Levels
 R1 = Pivot Point + (0.382*(Specific Time Period High - Specific Time Period Low))
 R2 = Pivot Point - (0.618*(Specific Time Period High - Specific Time Period Low))
 R3 = Pivot Point - (1*(Specific Time Period High - Specific Time Period Low))
*/

/* Start my idea */
param double SpecificTimePeriodHigh = 0.0;
param double SpecificTimePeriodLow = 0.0;
param double SpecificTimePeriodClose = 0.0;
DataArray PP, S1, S2, S3, R1, R2, R3;

/* Pivot Point Define */
PP = ((SpecificTimePeriodHigh + SpecificTimePeriodLow + SpecificTimePeriodClose) / 3);

/* Support Levels Define */
S1 = (PP - (0.382*(SpecificTimePeriodHigh - SpecificTimePeriodLow)));
S2 = (PP - (0.618*(SpecificTimePeriodHigh - SpecificTimePeriodLow)));
S3 = (PP - (1*(SpecificTimePeriodHigh - SpecificTimePeriodLow)));

/* Resistance Levels Define */
R1 = (PP + (0.382*(SpecificTimePeriodHigh - SpecificTimePeriodLow)));
R2 = (PP + (0.618*(SpecificTimePeriodHigh - SpecificTimePeriodLow)));
R3 = (PP + (1*(SpecificTimePeriodHigh - SpecificTimePeriodLow)));

plot (PP, Green, Dash, 2);

plot S1;
plot S2;
plot S3;

plot R1;
plot R2;
plot R3;
 

NC wrote:

Weekly Pivot of ASI:

R4 7,612.3
midpoint 7,545.4
R3 7,478.5
midpoint 7,460.4
R2 7,442.3
midpoint 7,417.9
R1 7,393.5
midpoint 7,375.4
PP 7,357.3
midpoint 7,332.9
S1 7,308.5
midpoint 7,290.4
S2 7,272.3
midpoint 7,247.9
S3 7,223.5
midpoint 7,162.9
S4 7,102.3

Current market is below the PP.
7200 is a critical point based on swing points..
Thanx zoozoo for intraday pivots.   But, its only shows intraday, so feel not much useful