nikoschopen
2,824 posts
msg #52358
- Ignore nikoschopen
modified |
6/20/2007 4:54:15 PM
I've had some fun trading with Camarilla Pivot Points lately, and I thought I share it with y'all. I'm also interested in hearing what you have to say if you already have this under ure trading arsenal. In the following filter, Camarilla Pivot Points are applied to stocks over $50 that are trading above their EMA(17). Feel free to modify the price and volume criteria to suit your needs.
Camarilla Pivot Points:
R4 = C + [(RANGE * 1.1) / 2]
R3 = C + [(RANGE * 1.1) / 4]
R2 = C + [(RANGE * 1.1) / 6]
R1 = C + [(RANGE * 1.1) / 12]
PP = (HIGH + LOW + CLOSE) / 3
S1 = C - [(RANGE * 1.1) / 12]
S2 = C - [(RANGE * 1.1) / 6]
S3 = C - [(RANGE * 1.1) / 4]
S4 = C - [(RANGE * 1.1) / 2]
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