Wanted: Pivot Point Indicator MT4 - Properly calibrated? | Forex Factory

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Wanted: Pivot Point Indicator MT4 - Properly calibrated?

  • #1
  • First Post: Aug 27, 2009 4:10am Aug 27, 2009 4:10am
Hey guys, i've downloaded a few Pivot Point Indicators on the web, but none of them seem to match up with the pivot points provided by actionforex.

http://www.actionforex.com/technical...00603205734/#H
  • #2
  • Aug 27, 2009 4:25am Aug 27, 2009 4:25am
how much difference is there??

are you sure actionforex is correct?

The differences are most likely from either differences in price feeds (pivots are based on the open/high/low and close of a specific period) or a difference in when the period starts and ends (time zone differences, are they using GMT, what your broker uses, etc)
  • #3
  • Aug 27, 2009 4:37am Aug 27, 2009 4:37am
depending on the PP program, but around 6-8 pips, and the S&R is off even more, as you move out. For now Im just using that website to plot my CPP.
  • #4
  • Aug 27, 2009 4:42am Aug 27, 2009 4:42am
is your broker GMT or what time zone?

There are pivot point indicators out there that will allow you to select the start and end times for calculation.
  • #5
  • Aug 27, 2009 4:43am Aug 27, 2009 4:43am
Im using Alpari UK. according to the website its GMT/BST+1
  • #6
  • Aug 27, 2009 5:01am Aug 27, 2009 5:01am
I just checked the daily PP against my PP and it is almost the same as the website. Its never going to be exact unless you use the same data feed. Just be sure you are calculating from the close of New York. 1700 EDT.
  • #7
  • Aug 27, 2009 5:41am Aug 27, 2009 5:41am
Quoting Tigertron
I just checked the daily PP against my PP and it is almost the same as the website. Its never going to be exact unless you use the same data feed. Just be sure you are calculating from the close of New York. 1700 EDT.
hey , which pivot program are you using? thanks
  • #8
  • Aug 27, 2009 5:45am Aug 27, 2009 5:45am
Quoting just_ha
hey , which pivot program are you using? thanks
http://www.forexfactory.com/showthread.php?t=189541
  • #9
  • Aug 27, 2009 6:43am Aug 27, 2009 6:43am
thats a great PP, more accurate then any ive downloaded, but i wish it was more simple like the SDZ-TXPivot, ill just remove everything.
  • #10
  • Mar 15, 2011 2:47pm Mar 15, 2011 2:47pm
Some one shpuld help me out with auto pivot indicator, that i can be adjusting the time, based on trading sessions,
  • #11
  • Last Post: May 18, 2011 8:44pm May 18, 2011 8:44pm
Quoting just_ha
Hey guys, i've downloaded a few Pivot Point Indicators on the web, but none of them seem to match up with the pivot points provided by actionforex.

http://www.actionforex.com/technical...00603205734/#H
I also notised this, no indicator seems to have the same values,
confusing to say the least
Bulls are stupid Animals!especially when Im short!
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