Pivot Points

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Chapuis18
Posts: 4
Joined: 21 Aug 2019 18:09

Pivot Points

Post by Chapuis18 » 21 Aug 2019 18:19

Hi,

using the Future Nanotrader Platform and CQG Data Feed.

Set Up: 1 Chart showing the DAX Future in say 1mn, and Nanotrader native "Pivot Points" Indicator.

Does anybody knows which values are used to calculate the Pivot and related levels (R1 to 3, S1 to 3)?
The Calculation shown in the Documentation (P. 113) doesn't specify anything but the formula.

(When computing them manually, I do not have the same results...)

Many Thanks
Xavier

WHS Support
Posts: 2233
Joined: 14 Feb 2013 10:27

Re: Pivot Points

Post by WHS Support » 22 Aug 2019 14:51

Hello,

as also indicated by email the platform always takes all available data from the previous trading day in order to calculate the Pivot Point. The formula is (Previous Day High + Previous Day Low + Previous Day Close) / 3. With these values taken into account the result should be the same as shown in NanoTrader.

Kind regards,
Timo
WHSELFINVEST

Chapuis18
Posts: 4
Joined: 21 Aug 2019 18:09

Re: Pivot Points

Post by Chapuis18 » 25 Aug 2019 08:16

Many Thanks ;-)

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