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FYI, IB does set the close field to equal the settlement price. This applies to all the CRB components which I do calculate pivots for. I haven't confirmed iqfeed - not using their dde.
Can you help answer these questions from other members on NexusFi?
Depending on your local time zone this condition has to be set to true of false, if you want to display RTH pivots. It is weakness of those piovts, as NT 6.5. does not have preconfigured sessions.
I tried both options, ie, True and False and it does not seem to change anything.
My workaround to have the RTH pivots is to modify the parameter named "Session Begin GLOBEX index" and set its value equal to 08:30 Central Time. With all the new indicators you have done recently i am about to change to NT7. You deserve a big thank you.
That is not a workaround, it is just the required setting of the RTH session, as it starts at 8:30. With this setting you will get pivots calculated from the RTH high, RTH low and close. With RTH the indicator cannnot use the settlement price from daily data.
I am already thinking about a concept to further improve the indicator, but that will be NT7 only. Always learning a bit, in the end it will be perfect.
I have another question. What's the difference between both indicators:
CMIPivotsDaily and CMIPivotsDaySession.
Something that is missing and that could be usefull for many indicators is a generic way to split a day for a specific instrument. For example, using text files to define what you want (could be created in Excel):
With this flexible representation you could split any instrument in as many chunks as you want. Within the indicator parameters we would simply need to select which chunk we want to process. Nothing would prevent someone to define 3 or more chunks by instrument. one chunk to represent the overnight session, another to represent the RTH and another to represent the whole day going from 15:30 to 15:15. You could then rename your indicator "BetterPivots" ;-)
This indicator will read values from a .txt file, I've set the location of the file in the root directory, but you can change that to what ever you want.(c:\MyTextFile.txt)
I've set it up to hold 4 values:
EMAMin#12
EMAMax#24
StartTime#21:00
EndTime#09:00
…
(1) The CMIPivotsDaySession is already preconfigured for the RTH session (including your "workaround").
(2) It plots dashed lines (in case you want both ETH and RTH session pivots.