Why create yet another set of pivots? First and foremost, I wanted a set of pivot points based on regular trading hours (RTH 0930-1600 EST) only regardless of the hours I have displayed. TOS allows you to display regular trading hours only or the full 24 hours. Unfortunately, the standard TOS pivot points will recalculate based on what you have displayed. This annoyed me so I built a set of pivots always based on RTH regardless of what you display. Rather than stopping there I decided to throw four types of pivots into the one study. You can choose between the traditional floor trader’s pivots, Camarilla pivots, DeMark Hi/Lo pivots or Woodie’s pivots. You also have the option to display a midline for the traditional and Woodie’s pivots.
Also pictured are the ThinkScripter Multi-Stops using a fibonacci stop of the standard settings, as well as the Better Volume indicator from Emini-Watch. I simply ported his code over for use in thinkScript.
ThinkScripter RTH MultiPivots
Four Types of Pivots
Hi, I noticed you ported the code for the Better Volume Indicator, can you make that code available? I can’t find it on the Complete ThinkScripter Studies Listing. Thank!
I believe it is already posted in the forum.
Eric
I did not find Better Volume in the forum, could you be kind show me the link?
It’s one of the extras in the Pro subscriber area.
-Eric