Wealth-Lab Wiki

API ChartStyles Community Components Community Indicators IndexDefinitions Knowledge Base Misc Optimizers Pending Deletion PosSizers Providers Standard Indicators TASC Traders Tips TASCIndicators Tutorial Videos Visualizers


Quick Search
Advanced Search »

Pivot Levels



public PivotLevels(Bars bars, PivotType type, string description)
public static PivotLevels Series(Bars bars, PivotType type)
public enum PivotType { Pivot, R1, R2, R3, S1, S2, S3 }

Parameter Description

barsThe source Bars object
typePivot point type: Pivot, R1, R2, R3, S1, S2, S3


Part of Commnuity Indicators. The PivotLevels indicator plots selected floor trader's pivot line. When applied to Intraday data, scales it to Daily first. On Daily, works as usual.


R3 = R1 + (High – Low)
R2 = Pivot + (High – Low)
R1 = 2 × Pivot – Low
Pivot = (High + Low + Close)/3
S1 = 2 × Pivot – High
S2 = Pivot – (High – Low)
S3 = S1 – (High – Low)


No example will be provided.

Important Disclaimer: The information provided by Wealth-Lab is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security.  The owner of Wealth-Lab.com assumes no liability resulting from the use of the material contained herein for investment purposes. By using this web site, you agree to the terms of this disclaimer and our Terms of Use.

ScrewTurn Wiki. Some of the icons created by FamFamFam.