• From: Egypt- Saudi Arabia
  • Registered: 2009-12-12
  • Posts: 969

Topic: pivot point indicator as opening logic indicator idea

i noticed pivot point used only as an entry point  but i think it could used also as opening logic as well
and the logics used will be like logics used in moving average indicator
1- pp rise  , falls
2- bar opens above pp , s1 ,s2 ..... etc  after it opens below it
3- etc ..........


Is that applicable or its a complicated issue !!!!!!!!

  • Popov
  • Popov
  • Lead Developer
  • Offline
  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 8,092

Re: pivot point indicator as opening logic indicator idea

It's a matter of customization. Once we have a manner of calculating Pivot Points we can use in what ever context we want.

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  • From: Egypt- Saudi Arabia
  • Registered: 2009-12-12
  • Posts: 969

Re: pivot point indicator as opening logic indicator idea

nice
so you could extend the original pivot point to be used as a logic for entry!!!!