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Forex Forum → Technical Indicators → pivot point indicator as opening logic indicator idea

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Posts: 3

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 !!!!!!!!

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.

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!!!!

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