H4 pivot indi with GMT offset

Hi all,

I'm looking for a pivot indi that will calculate H4 pivots, however, it needs to have a GMT offset feature. Most of the ones I've found will calculate the pivots based on the time in MT4, which is off by two hours compared to UK time. I need one that has an offset so it will calculate the H4 pivots for the candles based on 4, 5, 6 and 7am UK time, which will produces the pivots for the 8am in the UK.

I did do a search, and was able to find one with this feature, but it didn't appear to work correctly, as the pivots were not calculating correctly when compared to doing them manually.

Try this.
Should work if my calcs are correct.

M.

Hi,

Something seems to be a little off. When I've calculated the high, low and close of all the bars between 4, 5, 6 and 7am (inclusive), I arrive at the following pivot points (the black lines):



The central black line in the middle should be the pivot, with the ones either side as R1 and S1, unless I'm calculating it incorrectly.

Just in case I'm way off, here is how I'm picking up my figures:

Hi,
Apologies, coding error.
Had taken a high but was meant to be low :-(

Try this.

M.

PS> What is time at start of lines... should be 8:00 GMT?

That looks like it's done it

Didn't realise you were coding this yourself, so thanks for the random act of kindness. As for the starting time of the lines, it should be 8am GMT, which is where they're appearing. Thanks again for that

Pleased it helped.

Have a good weekend.

M.

why u need that indi ? did u discover how to win this game always accidentally ??!!

Hello mate,

Quick query about the indi. When it hit 8am this morning, I noticed that the lines weren't plotted until the first candle closed for any given time period. In the image below, you can see the first M15 candle is still live, hence it hasn't actually drawn the pivot lines yet:



Is this a setting that I need to change in the indi?

Absolutely. I'll be able to buy Forex Factory by the end of the week.

Mod so shows immediately after time.

M.

stick to the sports, at least u win ur health for the long run but i hope u are not just a sweet fan of sports instead of doing it

Amazing! Thanks so much for your help with this!