Request - candle pivot indicator

Hi everyone,

I would like to know if it is possible to create an indi that shows the pivot of the previous, and if possible the current bar?

This is important for the trading style that i aply, wether the price closes above or under it,.. i use it to determine if the trend is still strong enough or not: or possible reverse,..

On high timeframes i use the fibbo tool, but on lower timeframes it's kinda anoying to drag and meassure it all the time

I would propose a simple dot in the bar that moves up and down when the bar goes lower or higher. Since i don't want my chart full of dots, only previous and current bar will do.

I'll post an example, sometimes the pip difference of the close of current bar from the 50 % of previous bar is very little.

now i think of it, maybe adding a dot for 38.2 and 61.8 would also be nice.

I hope some1 can creat such indi pls!
Thanks in advance.
regards

Try this.
HTH

Hi man, thanks for trying to help me out here, but sadly it's not quite it, it's close but not yet

lemme explain
The pivot/SR should only move up or down when there is a new high or low it that bar, coz now it seems to move all the time as the body expands but not pushing a new high or low. I don't know much about coding, thought there was something like Highest and Lowest instead of High and Low ?? Just thinking out loud..


Also, need the pivot and sup/res of the previous bar, that's actually the most important.
Also, the pivots of this current bar don't seem to follow the candle, it remains at the first bar when u start looking at a certain timeframe.
Also, mBars set to 2 means High - Low of 2 bars??? hmm

Ok, I hope this could work, really appreciate the effort bro.
Cheers!!

Sorry that it did not do what you wanted.
Unfortunately I have deleted the file and it appears that I posted the ex4 and not the mq4 ...ooops!

Will have to do it again sometime.... later

Ok thank you, very much appreciated.
Here are some pics to clarify

I dragged the fib once on the wicks and once on the body

I forgot to tell, it should be inner fibs.
I wrote the formula on the screenshot, i think that should work.

So, the most important is the previous bar, if u could get that workin', would be great!! having the current bar info is nice tho

Thanks, hope to hear from u

You started by saying that you wanted pivots.
Now you say you want Fibs!!!!!!!!!!!!
Which is it?
You want fibs based on H & L of 1 bar?
How many fibs?
What values?

0.618 and 0.382 inner fib and 0.50 (pivot, median price, whatever u wonna call it) so of highest and lowest of previous candle.

i'm sorry but in the past when i used "pivots" they always were calculated on fib values, that's why, i'm sorry

Try this then.

That's it !! perfect, thanks man u r awsome !

Only thing, too bad it doesn't refresh by itself, gotta swith timeframe and go back, so it seems.
I mean, it refreshes, it does the job, but the lines don't follow the candles,
so it stays at the first two candles when u first start looking at the timeframe.


I would voucher u if I could, lol !

Modded for you

thank you very much man !