Pivots
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The pivot point is used as a predictive indicator. If the following day's market price falls below the pivot point, it may be used as a new resistance level. Conversely, if the market price rises above the pivot point, it may act as the new support level.
... Courtesy of Investopedia
Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width)
Pivots(ISeries<double> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width)
Returns pivot point value
Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).Pp[int barsAgo]
Pivots(ISeries<double> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).PP[int barsAgo]
Returns R1 value
Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R1[int barsAgo]
Pivots(ISeries<double> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R1[int barsAgo]
Returns R2 value
Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R2[int barsAgo]
Pivots(ISeries<double> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R2[int barsAgo]
Returns R3 value
Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R3[int barsAgo]
Pivots(ISeries<double> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R3[int barsAgo]
Returns S1 value
Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S1[int barsAgo]
Pivots(ISeries<double> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S1[int barsAgo]
Returns S2 value
Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S2[int barsAgo]
Pivots(ISeries<double> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S2[int barsAgo]
Returns S3 value
Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S3[int barsAgo]
Pivots(ISeries<double>input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S3[int barsAgo]
double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.
input |
Indicator source data (?) |
pivotRangeType |
Sets the range for the type of pivot calculated. Possible values are: PivotRange.Daily PivotRange.Weekly PivotRange.Monthly |
priorDayHLC |
Sets how the prior range High, Low, Close values are calculated. Possible values are: HLCCalculationMode.CalcFromIntradayData HLCCalculationMode.DailyBars HLCCalculationMode.UserDefinedValues |
userDefinedClose |
Sets the close for Pivots calculations when using HLCCalculationMode.UserDefinedValues. |
userDefinedHigh |
Sets the high for Pivots calculations when using HLCCalculationMode.UserDefinedValues. |
userDefinedLow |
Sets the low for Pivots calculations when using HLCCalculationMode.UserDefinedValues. |
width |
Sets how long the Pivots lines will be drawn |
// Prints the current pivot point value |
You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.
Tip: When using HLCCalculationMode.DailyBars it can be expected that a value of 0 is returned when the daily bars have not been loaded yet. Due to the asynchronous nature of this indicator calling daily bars you should only access the pivot values when the indicator has loaded all required Bars objects. To ensure you are accessing accurate values you can use .IsValidDataPoint() as a check:
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