ToS Pivot Points Indicator for ThinkorSwim

Ronin13

Member
Have searched high and low but cannot find anything akin to the standard Traditional Pivot Points indicator for ToS:

Wq1EmI9.png


Anyone have any leads, please help?

Thanks!
 
It is a limitation of the TOS pivotpoints study that the above enhanced version references. Here is the error message in the upper left corner with both versions that explains it is an issue with the original study. So you will have to reduce the timeframe days to where they will plot without the error message appearing.

TOS PivotPoints study
Hey @SleepyZ I knows its been a while but I was wondering if it was possible to add the r4,r5,s4,s5 levels along with the mids for them ?
 
Sorry, but the TOS provided PivotPoints study is proprietary and they do not provide the basis for those r4/5 and s4/5 levels.
I feel like an intruder into pivots as i never felt it added real value to me but as many traders really look after them, my simplistic questions for pivot users are 2:

1-how useful and relevant you find is the information it provides and how do you use it in practical terms?

2-what do you see as relevant differentials for the different pivots indicators you can find within TOS?
 
@apdusp I'm right there with you on Pivot Points... I've never found them useful for my trading needs... Instead, I use a modified version of Support and Resistance that I coded which I find effective for trading Options... For Calls I see tradable moves as price breaks above the current resistance level which is based on the most recent High... The opposite is true for Put trades when price breaks down below the most recent Low... Due to the fact that I scalp Options there is no benefit in knowing what happened yesterday or even earlier in the day... Just my two cents...
 
@apdusp I'm right there with you on Pivot Points... I've never found them useful for my trading needs... Instead, I use a modified version of Support and Resistance that I coded which I find effective for trading Options... For Calls I see tradable moves as price breaks above the current resistance level which is based on the most recent High... The opposite is true for Put trades when price breaks down below the most recent Low... Due to the fact that I scalp Options there is no benefit in knowing what happened yesterday or even earlier in the day... Just my two cents...
very interesting, at least to me as I trade credit spreads. maybe you share more details? thanks anyway
 

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