Trabalho concluído
Tempo de execução 91 dias
Pivots will NOT be used as resistance and support levels. WILL be used for 1. Stop
entry order 2. Stop loss 3. Take profit.
Pivot equation: Close + x ( H - L ) = R6 Stop
(long/short) entry order will be executed at next pivot (above/below) price at set time
Stop loss will be set at z pivots (above/below) stop
entry order Take profit will be set at y pivots (above/below) stop entry order
Any stop entry order or take profit target
still active to be cancelled/closed at set time
Example: PREVIOUS WEEK CLOSE HIGH/LOW 100 + .5000 ( 125 - 75 )
= 125 THIS WEEK PIVOTS
S1 = 95.83333 P = 100 R1 = 104.16666 R2 = 108.33333 R6 = 125 etc.
THIS
WEEK BOT stop entry order next pivot above price at 11:23.10 stop loss 1 pivot below stop entry order, take profit 4 pivots above and
cancel/close at 22:47.16
if still active
Adjustable variables required as:
1. High/low close period = day/month/year
- day/month/year 2. x
= any value to 3 decimal places
3. Stop order entry set time =
hours/minute/seconds 4. Stop order entry = above/below next pivot at set
time
5. Stop loss z pivots above/below stop entry order
6. Take profit = y
number of pivots above/below stop entry order
7. Set time to cancel/close active stop entry
order/take profit target = hours/minutes/seconds
Note: 1. At least 100 pivots above/below P
2. Pivots to 5 decimal places 3. Time zone UTC 0:00
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