by jsotor » Mon Nov 21, 2011 10:27 am
Hi,
I've been reading the entire thread, and i've found that at least 3 persons are also interested in a way to change the dayoffset. Also, i know there are other threads with the same request.
Really, It would be great to choose any time for pivot calculation!!! 12am, 3am, 8am, 5pm 12m, etc.
Of course, i understand that you are pretty busy with all other previuos request, but i think that the flexibility for us as end users will be priceless.
I also want to ask: how do you calculate Pivot Points for mondays? With daily candles, right?, Because, there is in deed a difference in the values with dailyfx, at least for today (monday), as it was previously noted.
I'm specially curious because in case of a change in the offset, we will find the weekend gap.
For example, in a 12:00am based calculation, some guys use Fridays 12am candle Open Price and Sunday 11pm Close price.
Also, i would like to suggest that each pivot point line should be identified based on its timeframe, offset and calculation mode.
For example:
P (D 00GMT CL) for a daily Pivot, offset 00 GMT, clasicc
R1 (D 17GMT FI) for a daily Resistance 1, offset 17 GMT, fibonacci
S1 (W 17GMT CL) for a weekly Support 1, offset 17GMT, clasicc
That is because we could be trying some strategies with a combination of pivots and it gets hard to identify each one, unless you use your mouse to try to change an indicator's properties.
Thanks for your hard work, and thanks in advance for your patience...
JS