Trader Pivots

This is an example of my Trader Pivots Indicator.  It will display the traditional R1,R2 & R3 resistance levels, the Pivot Point and S1, S2 and S3 support levels.  In addition you can enable display of the half pivot points as well as yesterday's Close, High and Low and today's Open, High and Low.  You'll be amazed at how reliable these support and resistance levels are.

Feel free to download the ELD file: !RL_TraderPivots from either here or the bottom of this page.

If you don't think that Pivot points work, look at SSO for the rally on March 23rd, 2009

Properties Box for RL trader pivots:

  • ShowTodaysOHLC - True/False - True  will display today's Open, High and Low.
  • ShowYesterdaysOHLC - True/False - True will display yesterday's Open, High, Low and Close
  • ShowHalpPivots - True/False - Enables the showing of the half pivot point lines.

Marlin Cobb,
Mar 23, 2009, 4:44 PM