Dear All
Need an AFL for 3 day rolling pivots.
Three-day rolling pivot price = (three-day high + three-day low + close) / 3
Second number = (three-day high + three-day low) / 2
Pivot differential = daily pivot price – second number
Three-day rolling pivot range high = daily pivot price + pivot differential
Three-day rolling pivot range low = daily pivot price – pivot differential
Plotting Three-day rolling pivot range high and Three-day rolling pivot range low.
Thanks in advance for help.
Need an AFL for 3 day rolling pivots.
Three-day rolling pivot price = (three-day high + three-day low + close) / 3
Second number = (three-day high + three-day low) / 2
Pivot differential = daily pivot price – second number
Three-day rolling pivot range high = daily pivot price + pivot differential
Three-day rolling pivot range low = daily pivot price – pivot differential
Plotting Three-day rolling pivot range high and Three-day rolling pivot range low.
Thanks in advance for help.