Pivot Trading

Quoting Tekkies

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{quote} Does it really matter what you chose? {image}

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Quoting Tekkies

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{quote} Am trying to understand Pivot Point's indicator. You have to understand the indicator before you even can start using Pivot Point's as Davit has posted. A wrong setting will and can have a major impact on trading results. (Unless you are one of many driver's that know there is a engine in front or back of the steering wheel and need's oil / water / fuel and don't care about the rest) Inside the indicator and on webpage a trader has a choice to use Standard or Fibonacci. Does it really matter what you chose? {image}

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Quoting birdland

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{quote} well, try it out by yourself and you will see the difference.

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Quoting Tekkies

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{quote} Am trying to understand Pivot Point's indicator. You have to understand the indicator before you even can start using Pivot Point's as Davit has posted. A wrong setting will and can have a major impact on trading results. (Unless you are one of many driver's that know there is a engine in front or back of the steering wheel and need's oil / water / fuel and don't care about the rest) Inside the indicator and on webpage a trader has a choice to use Standard or Fibonacci. Does it really matter what you chose? {image}

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Quoting Tekkies

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{quote} birdland Why re-invent the wheel? Why waste time when a member somewhere in this massive thread has already tested the difference. Should I use the search function or spend hour's testing the all the settings or ask and receive a respond. If you want to play games or post wise crack post's go and do it elsewhere. 1pipperhour gave an answer that saved a lot of time and afford on my side. Thanks pipper.

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Quoting pgr45za

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If you guys are bored get a hobby or fiddle with your nuts (joking!) ... leave the indicators and template alone. Seriously!

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Quoting Tekkies

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{quote} Am trying to understand Pivot Point's indicator. You have to understand the indicator before you even can start using Pivot Point's as Davit has posted. A wrong setting will and can have a major impact on trading results. (Unless you are one of many driver's that know there is a engine in front or back of the steering wheel and need's oil / water / fuel and don't care about the rest) Inside the indicator and on webpage a trader has a choice to use Standard or Fibonacci. Does it really matter what you chose? {image}

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calPivot = (whigh+wlow+wclose)/3;
calRange = (whigh-wlow);
if (fib == true)
    R38  = calRange*0.382+calPivot;
else
    R1 = 2*calPivot-wlow;

Quoting Tekkies

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Wow ask a question and have your head been bitten off.

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Quoting bubincka

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{quote} Of course you must have Choose Fib set to true because in this thread Fib Pivots are used. If you use the indicator I attached a few posts ago you don't have to deal with these settings. calPivot = (whigh+wlow+wclose)/3; calRange = (whigh-wlow); if (fib == true) R38 = calRange*0.382+calPivot; else R1 = 2*calPivot-wlow;

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Quoting Tekkies

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{quote} Am trying to understand Pivot Point's indicator. You have to understand the indicator before you even can start using Pivot Point's as Davit has posted. A wrong setting will and can have a major impact on trading results. (Unless you are one of many driver's that know there is a engine in front or back of the steering wheel and need's oil / water / fuel and don't care about the rest) Inside the indicator and on webpage a trader has a choice to use Standard or Fibonacci. Does it really matter what you chose? {image}

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Quoting Tekkies

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{quote} Thanks bubincka Working down the indicator setting's. Only asked one question and the response from the "guardians" was overwhelming. Would rather not ask about other setting's that might cause a flood of useless post's

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Quoting tronner

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Hi all. Here are 3 Scott Carney books in Spanish, in case someone might need them. https://mega.nz/#!XIoWxDbL!8ZzbCbNVt...UpYkojJjyYaLTc

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Quoting Mundo

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{quote} That is because your question was loaded with flaws. 1. Asking whether Fib or Standard when clearly a Fib Pivot Thread. 2. Playing with indicator setting when it has been tested a proved to work as is. 3. Asked to be spoon fed rather than look at post #1. If people jumped on you it's because 1. It has been asked before and a simple search would reveal the answer 2. No one will be spoon fed on this thread...not personal 3. If you are not willing to work for your success you will fail...and possibly be banned. In my opinion if you are new...

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