ReferencesCommonSystem Indicator Methods

Pivots

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Description

The pivot point is used as a predictive indicator. If the following day’s market price falls below the pivot point, it may be used as a new resistance level. Conversely, if the market price rises above the pivot point, it may act as the new support level.

… Courtesy of Investopedia

Syntax

Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width)

Pivots(ISeries\<double\> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width)

Returns pivot point value

Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).Pp[int barsAgo]

Pivots(ISeries\<double\> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).PP[int barsAgo]

Returns R1 value

Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R1[int barsAgo]

Pivots(ISeries\<double\> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R1[int barsAgo]

Returns R2 value

Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R2[int barsAgo]

Pivots(ISeries\<double\> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R2[int barsAgo]

Returns R3 value

Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R3[int barsAgo]

Pivots(ISeries\<double\> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).R3[int barsAgo]

Returns S1 value

Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S1[int barsAgo]

Pivots(ISeries\<double\> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S1[int barsAgo]

Returns S2 value

Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S2[int barsAgo]

Pivots(ISeries\<double\> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S2[int barsAgo]

Returns S3 value

Pivots(PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S3[int barsAgo]

Pivots(ISeries\<double\> input, PivotRange pivotRangeType, HLCCalculationMode priorDayHLC, double userDefinedClose, double userDefinedHigh, double userDefinedLow, int width).S3[int barsAgo]

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

Parameters

ParameterDescription
inputIndicator source data (Series<T>)
pivotRangeTypeSets the range for the type of pivot calculated. Possible values are: PivotRange.Daily, PivotRange.Weekly, PivotRange.Monthly
priorDayHLCSets how the prior range High, Low, Close values are calculated. Possible values are: HLCCalculationMode.CalcFromIntradayData, HLCCalculationMode.DailyBars, HLCCalculationMode.UserDefinedValues
userDefinedCloseSets the close for Pivots calculations when using HLCCalculationMode.UserDefinedValues.
userDefinedHighSets the high for Pivots calculations when using HLCCalculationMode.UserDefinedValues.
userDefinedLowSets the low for Pivots calculations when using HLCCalculationMode.UserDefinedValues.
widthSets how long the Pivots lines will be drawn

Examples

1// Prints the current pivot point value
2double value = Pivots(PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 0, 0, 0, 20).Pp[0];
3Print("The current Pivots' pivot value is " + value.ToString());
4
5// Prints the current S2 pivot value
6double value = Pivots(PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 0, 0, 0, 20).S2[0];
7Print("The current Pivots' S2 pivot value is " + value.ToString());

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.

When using HLCCalculationMode.DailyBars it can be expected that a value of 0 is returned when the daily bars have not been loaded yet. Due to the asynchronous nature of this indicator calling daily bars you should only access the pivot values when the indicator has loaded all required Bars objects. To ensure you are accessing accurate values you can use .IsValidDataPoint() as a check:

1// Evaluates that this is a valid pivot point value
2if (Pivots(PivotRange.Daily, HLCCalculationMode.DailyBars, 0, 0, 0, 20).Pp.IsValidDataPoint(0))
3{
4     // Prints the current pivot point value
5     double value = Pivots(PivotRange.Daily, HLCCalculationMode.DailyBars, 0, 0, 0, 20).Pp[0];
6     Print("The current Pivots' pivot value is " + value.ToString());
7}