I've been wanting to get the ability to plot the pivot points using Annual data. Here is a script for the Pivot Points using the Annual time frame:
Annual pivot point Thinkorswim (TOS) script:
Shared link http://tos.mx/XhRn39
Code:
#Pivots_Yearly
#Change the input yearsback to change pivots by year
def yr = GetYear();
def capture = !IsNaN(close) and yr != yr[1];
def yearCount = CompoundValue(1, if capture
then yearCount[1] + 1
else yearCount[1], 0);
def thisYear = (HighestAll(yearCount) - yearCount) + 1;
input yearsback = 0;#Hint yearsback: 0 = current year; 1 = 1yr back; etc
def ph = CompoundValue(1, if thisYear[1] == 3 + yearsback and thisYear == 2 + yearsback
then high
else if thisYear == 2 + yearsback and high > ph[1]
then high
else ph[1], high);
def pl = CompoundValue(1, if thisYear[1] == 3 + yearsback and thisYear == 2 + yearsback
then low
else if thisYear == 2 + yearsback and low < pl[1]
then low
else pl[1], low);
def pc = CompoundValue(1, if thisYear[1] == 3 + yearsback and thisYear == 2 + yearsback
then close
else if thisYear == 2 + yearsback
then close
else pc[1], close);
plot pp = if thisYear == 1 + yearsback
then (ph + pl + pc) / 3
else Double.NaN;
plot R1 = 2 * PP - pl;
plot S1 = 2 * PP - ph;
plot R2 = PP + (ph - pl);
plot S2 = PP - (ph - pl);
plot R3 = R2 + (ph - pl);
plot S3 = S2 - (ph - pl);
plot R4 = R3 + (ph - pl);
plot S4 = S3 - (ph - pl);
PP.SetDefaultColor(Color.WHITE);
R1.SetDefaultColor(Color.RED);
R2.SetDefaultColor(Color.RED);
R3.SetDefaultColor(Color.RED);
R4.SetDefaultColor(Color.RED);
S1.SetDefaultColor(Color.GREEN);
S2.SetDefaultColor(Color.GREEN);
S3.SetDefaultColor(Color.GREEN);
S4.SetDefaultColor(Color.GREEN);
#PP.HideBubble();
#R1.HideBubble();
R2.HideBubble();
R3.HideBubble();
R4.HideBubble();
#S1.HideBubble();
S2.HideBubble();
S3.HideBubble();
S4.HideBubble();
input bubblemover = 8;
def n = bubblemover;
def n1 = n + 1;
input showbubbles = yes;
def StartPlot = if showbubbles == yes
then (IsNaN(close[n]) and !IsNaN(close[n1]))
else if showbubbles
then BarNumber() == HighestAll(BarNumber() - n)
else Double.NaN;
AddChartBubble(StartPlot, R4[n1], "R4", Color.RED, if close[n1] > R4[n1] then no else yes);
AddChartBubble(StartPlot, R3[n1], "R3", Color.RED, if close[n1] > R3[n1] then no else yes);
AddChartBubble(StartPlot, R2[n1], "R2", Color.RED, if close[n1] > R2[n1] then no else yes);
AddChartBubble(StartPlot, R1[n1], "R1", Color.RED, if close[n1] > R1[n1] then no else yes);
AddChartBubble(StartPlot, PP[n1], "PP", if !IsNaN(close[n1]) > PP[n1] then Color.GREEN else Color.RED, if close[n1] > PP[n1] then no else yes);
AddChartBubble(StartPlot, S4[n1], "S4", Color.GREEN, if close[n1] > S4[n1] then no else yes);
AddChartBubble(StartPlot, S3[n1], "S3", Color.GREEN, if close[n1] > S3[n1] then no else yes);
AddChartBubble(StartPlot, S2[n1], "S2", Color.GREEN, if close[n1] > S2[n1] then no else yes);
AddChartBubble(StartPlot, S1[n1], "S1", Color.GREEN, if close[n1] > S1[n1] then no else yes);
Tuesday, July 19, 2016
Subscribe to:
Post Comments (Atom)
4 comments:
Great study and thanks for sharing.
How can we modify this for Quarterly pivots ?
Quarterly pivots added:
http://traderyam.blogspot.com/2016/11/quarterly-pivot-points-thinkorswim.html
Thanks for the study, great job.
You Rock man...I am looking for this all over the world.
Post a Comment