Nifty Intraday Pivot Points

[SavantGarde]

Re: Nifty Intraday Pivot Points for 14th May 2007

Nifty Intraday Pivot Points For 14th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L

4076.65 4110.60 4152.20 3999.80 3930.60 19.30




SELL HOLD ON NF - STOP LOSSES ARE S/L-1 4084.90 S/L-2 4108.80​

AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

Seeya

SavantGarde

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 15th May 2007

Nifty Intraday Pivot Points For 15th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L


4134.30 4156.30 4186.00 4080.00 4033.60 13.40



SELL HOLD ON NF - STOP LOSSES HAS TRIGGERED...WILL UPDATE ...WHEN I GET A STRONG BUY or SELL SIGNAL ​

AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

Seeya

SavantGarde

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 16th May 2007

Nifty Intraday Pivot Points For 16th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L


4120.30 4136.40 4160.30 4091.00 4069.50 8.20​

AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

Seeya

SavantGarde

 

[abhinkoi]

Hello Savant,

Could you please share the basic formula which you use to get the Pivot points for the next day? Also can you please tell me on which time frame you get them? I am using Amibroker and using below mentione formula to get pivots on daily charts -

_SECTION_BEGIN("Pivot Point Graph");

P = ((H + L + C) / 3);
R1 = ((2 * P) - L);
R2 = ((P + H) - L);
S1 = ((2 * P) - H);
S2 = ((P - H) + L);

MaxGraph = 5;

Graph0 = P;
Graph1 = R1;
Graph3 = R2;
Graph2 = S1;
Graph4 = S2;

Graph0Style = 4;
Graph1Style = 1;
Graph2Style = 1;
Graph3Style = 1;
Graph4Style = 1;

Graph0Color = 16;
Graph1Color = 24;
Graph2Color = 19;
Graph3Color = 24;
Graph4Color = 19;
_SECTION_END();

I am confused because the values which I am getting are different from yours. What I am seeing for 16th May is -

P=4124.2
S1=4098.8
S2=4077.3
R1=4145.7
R2=4171.1

Please suggest.

Thanks in advance.

Cheers
Abhi

 

[SavantGarde]

Hello Savant,

Could you please share the basic formula which you use to get the Pivot points for the next day? Also can you please tell me on which time frame you get them? I am using Amibroker and using below mentione formula to get pivots on daily charts -

_SECTION_BEGIN("Pivot Point Graph");

P = ((H + L + C) / 3);
R1 = ((2 * P) - L);
R2 = ((P + H) - L);
S1 = ((2 * P) - H);
S2 = ((P - H) + L);

MaxGraph = 5;

Graph0 = P;
Graph1 = R1;
Graph3 = R2;
Graph2 = S1;
Graph4 = S2;

Graph0Style = 4;
Graph1Style = 1;
Graph2Style = 1;
Graph3Style = 1;
Graph4Style = 1;

Graph0Color = 16;
Graph1Color = 24;
Graph2Color = 19;
Graph3Color = 24;
Graph4Color = 19;
_SECTION_END();

I am confused because the values which I am getting are different from yours. What I am seeing for 16th May is -

P=4124.2
S1=4098.8
S2=4077.3
R1=4145.7
R2=4171.1

Please suggest.

Thanks in advance.

Cheers
Abhi

Hi Abhi,

Eventual Pivots that is Posted is derived not from a simple Pivot Calculator, therefore the Pivots posted by me will always be different than a System or a Pivot Calculator.

Its a Programme that has been custom developed over a period of 7 months, It is a modified system using Many Indicators & Studies, here is just a few to let you know what goes into it.

INDICATORS:
1) Exponential, Triangular, Weighted, Variable & Time Series
Moving Average.
2) Detrended Price Oscillator & ATR
3) William's Accumulation Distribution
4) Ease Of Movement & CMO
5) MFI & ASI

STUDIES:
1)BB, MAE, NNI, Linear Regression R2, LR Intercept, Quadrant & Tirone

I guess the above is enough to keep you busy for a while...

Presently Working on refinements should be done in a month ...at best.

Happy & Safe Trading

SavantGarde

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 17th May 2007

Nifty Intraday Pivot Points For 17th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L


4170.95 4186.90 4210.70 4121.60 4080.10 11.60​

AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

Seeya

SavantGarde

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 18th May 2007

Nifty Intraday Pivot Points For 18th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L


4219.55 4233.80 4256.00 4176.10 4140.60 10.30


BUY TRIGGER ON NF - STOP LOSSES ARE S/L-1 4125.10 S/L-2 4113.00​

AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

Seeya

SavantGarde

 

[timtomlee]

Hi, you are doing a good job. Keep it up. Just one question, what is ur opinion on the traditional pivot calculator?

Regards.

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 21st May 2007

Nifty Intraday Pivot Points For 21st May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L


4214.50 4226.10 4245.80 4177.30 4148.10 8.80


BUY HOLD ON NF - STOP LOSSES ARE S/L-1 4158.00 S/L-2 4118.80​

AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

Seeya

SavantGarde

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 22nd May 2007

Nifty Intraday Pivot Points For 22nd May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L


4260.90 4270.70 4288.60 4221.60 4190.30 8.80


BUY HOLD ON NF - STOP LOSSES ARE S/L-1 4184.40 S/L-2 4132.70​

AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

Seeya

SavantGarde