What’s New

Live Chat Sunday at 8PM Eastern

Posted by in Uncategorized | 1 comment

Live Chat Sunday at 8PM Eastern

Head on over to the forum Sunday evening at 8PM Eastern for a chat about thinkScript, TOS, or whatever. Registration in the forum is free and our community of thinkScripters is growing daily. See you there!

read more

Hourly Rolling Pivots Update

Posted by in Uncategorized | 2 comments

Hourly Rolling Pivots Update

One of our forum members pointed out a problem with the Rolling Pivots study that caused them to fail when plotted on tick charts. After a bit of troubleshooting I found my mistake and got the study up and running again. Good as new. The update is posted in the “Requests” forum in the Gold Donor section and will be added to the weekly update this Sunday.

read more

Auto-Hiding Fixed Pivots

Posted by in Indicator, Support and Resistance | 10 comments

Auto-Hiding Fixed Pivots

Here’s another reader request for a basic set of user input fixed pivots. I’ve thrown in some extra plumbing to make the pivots auto-hide when price diverges a user selectable percentage from the pivot. # TS_FixedPivots # http://thinkscripter.wordpress.com # thinkscripter@gmail.com # Last Update 20 APR 2009 input hide_if_percent = 1.0; input pivot = 800.0; input r_1 = 810.0; input r_2 = 820.0; input r_3 = 830.0; input s_1 = 790.0; input s_2 = 780.0; input s_3 = 770.0; def deltar1 = AbsValue(close - r_1); def percentDeltar1 =...

read more

ThinkScripter Pivot Confluence

Posted by in Indicator, Support and Resistance | 2 comments

ThinkScripter Pivot Confluence

YAPS!….yet another pivot study. Folks are requesting these so I keep doing them…. In this particular case we have a study that looks at the monthly, weekly, and daily pivot levels, makes a comparison and only plots the levels that are within a specified percentage of each other. In other words, we are looking for confluences of the various time-frame pivots as more likely to provide support and resistance.

read more

Weekly/Monthly Pivots

Posted by in Indicator, Support and Resistance | 11 comments

Weekly/Monthly Pivots

Here’s a Friday night quickie for the masses. I posted this in the forum earlier in the week. This is just the basic weekly and and monthly pivots with a slight improvement. If you’ve used the TOS pivots you might have noticed that the weekly and monthly pivots don’t behave as expected. Rather than stay the same for a whole month or week, they change on a daily basis. Many of us want weekly and monthly pivots that remain constant for the whole period. If you fall into that category, then these pivots are for you. The pivots...

read more