//------------------------------------------------------------------------------
//
//  Formula Name:    Pivot Point and Support and Resistance Points
//  Author/Uploader: Anthony Faragasso 
//  E-mail:          ajf1111@epix.net
//  Date/Time Added: 2002-04-25 09:04:53
//  Origin:          
//  Keywords:        
//  Level:           basic
//  Flags:           commentary
//  Formula URL:     http://www.amibroker.com/library/formula.php?id=186
//  Details URL:     http://www.amibroker.com/library/detail.php?id=186
//
//------------------------------------------------------------------------------
//
//  Guru Commentary, provides Pivot and support and resistance
//
//  points for the Next trading day.
//
//------------------------------------------------------------------------------

/* Pivot points and Support and Resistance Points*/
/* for next day trading*/
/* coded by Anthony Faragasso */


MaxGraph =8;

p = (H+L+C)/3;
r1 = (2*p)-L;
s1 = (2*p)-H;
r2 = p +(r1 - s1);
s2 = p -(r2 - s1);

Graph0=p;
Graph1=r1;
Graph2 = s1;
Graph3= r2;
Graph4 = s2;

Graph0Style = Graph1Style = Graph2Style = Graph3Style = Graph4Style = 16 + 8;
Graph0Color = 2;
Graph1Color = Graph2Color = 8;
Graph3Color = Graph4Color = 6;
 
Graph5 = Close;
Graph5Color = 3;
Graph5Style = 128;
"";
"------------------------------------------------------------------------------------------------------------";
"    PIVOT POINTS AND SUPPORT AND RESISTANCE POINTS ";
"------------------------------------------------------------------------------------------------------------";
"";
"MARKET BEING EVALUATED :  " + Title = Name() + "      DATE : "  + Date();
"";
"TODAY'S CLOSE WAS : "+"( " +WriteVal(Close,format=1.2)+" )";
"----------------------------------------------------------------------------------------------------------------------";
"    *******  THESE POINTS ARE VALID FOR NEXT TRADING DAY ******";
"-----------------------------------------------------------------------------------------------------------------------";
"RESISTENCE POINT 2 : ----------------" +WriteVal(Graph3,format=1.2);
"";
"RESISTENCE POINT 1 : ----------------" +WriteVal(Graph1,format=1.2);
"";
" --------------------------------------------------------"+ "("+WriteVal(Graph0,format=1.2)+")" +"   PIVOT POINT--------";
"";
"SUPPORT POINT 1 : ----------------------" +WriteVal(Graph2,format=1.2);
"";
"SUPPORT POINT 2 : ----------------------" +WriteVal(Graph4,format=1.2);