Hi,
for anyone using pivot points:
1. Is GMT+0 the standard reference or does someone use EST? I did a visual backtest and it looks to me GMT is the better option.... I'm wondering not for retail brokers but since most volume are banks they should reference themselves on London...
2. How do you use pp for Sunday to Monday pass?... I currently have Sunday as an addon to Friday so on Monay it will calculate pp based on that whole range. I just assumed it is better not to filter those candles just because of possible loss of information....
for anyone using pivot points:
1. Is GMT+0 the standard reference or does someone use EST? I did a visual backtest and it looks to me GMT is the better option.... I'm wondering not for retail brokers but since most volume are banks they should reference themselves on London...
2. How do you use pp for Sunday to Monday pass?... I currently have Sunday as an addon to Friday so on Monay it will calculate pp based on that whole range. I just assumed it is better not to filter those candles just because of possible loss of information....