DOCUMENTATION Detailed Description: Important Notes: Detailed Input Notes:

DOCUMENTATION Detailed Description: This indicator auto plots dynamic or intraday pivots(pivot,r1,r2,r3,s1,s2,s3), which are updated every 30 minutes...
Author: Blaze Phelps
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DOCUMENTATION

Detailed Description: This indicator auto plots dynamic or intraday pivots(pivot,r1,r2,r3,s1,s2,s3), which are updated every 30 minutes, as well as floor pivots, yesterday's high, low, close, and today's open, high, low. It also plots VWAP, 3-period moving average of dynamic & floor pivots, which are often better bounce points for day traders. Some of these Points can be used to enhance Entries & Exits of any other Strategy. Input can be changed to auto plot only some of the points you like instead of all 23 points. These points have name labels on the charts so it's easier to see which point current price is going toward and traders can pre plan their entries and exits. This indicator can be combined with Trend or Counter Trend Systems.

Important Notes: This indicator can be used for future and stock market. But it may also be used for currency and commodity markets. It is meant to be used on 1 minute charts for day trading & scalping. It can be also used on 2, 3, 5 or 15 minutes charts and see how it works out for you. It also meant to be used during Eastern time between 9:30am to 4:00pm. But it can also be used overnight trading. One has to try and see how it works out for overnight trading.

Detailed Input Notes: Show_When_Price_In_Range_Points: Default is (4). - Any of these pivots come in range within these points from current price, that pivot(s) start plotting on the chart. Higher the range points, chart becomes more compressed. Lower the range points, chart becomes less cluttered. Value can decimal also. Pivot_Name_Label_Offset: Default is (.10), - This offset is used to align pivot name label with actual plot. To bring name label up, increase value. To bring name labels down, decrease value. Value can be negative and decimal. Show_Dynamic_Pivot: true or false Show_Dynamic_Pivot_3Period_Average: true or false Show_Dynamic_R1: true or false Show_Dynamic_R2: true or false Show_Dynamic_R3: true or false Show_Dynamic_S1: true or false Show_Dynamic_S2: true or false Show_Dynamic_S3: true or false Show_Daily_Pivot: true or false Show_Daily_Pivot_3Period_Average: true or false Show_Daily_R1: true or false Show_Daily_R2: true or false Show_Daily_R3: true or false Show_Daily_S1: true or false Show_Daily_S2: true or false Show_Daily_S3: true or false Show_Today_Open: true or false Show_Today_High: true or false Show_Today_Low: true or false Show_Yesterday_Close: true or false Show_Yesterday_High: true or false Show_Yesterday_Low: true or false Show_VWAP: true or false

DISCLAIMER - All information in this document is for educational purposes only and nothing here should be considered personalized financial or investment advice. It is not to encourage you to follow our lead. If you follow our lead, you do so at your own risk. In any case you should only trade in a simulation account, or with funds you can afford to lose. Futures trading is not appropriate for all traders. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or prevent losses. No representation or implication is being made that using the systems or signals described in this document will generate returns or ensure against losses. We do not and cannot give individual investment advice. We do not and cannot manage funds. We are simply developers of trading systems mainly for our own use. Please note that since we trade for a living, we may have open trades in any one of our systems. U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Example Charts:

(Zoom in to see Charts clear)