Comment on Latest updates PI - 23rd July 2015

Saurabh commented on 26 Jul 2015, 05:15 PM

Nithin,

Pivots are calculated based on the time period of chart chosen correct? For example for upto 15 mins charts the reference point is T-1 day; for 30 and 60 mins calculations are based on previous week and for daily charts its based on previous month. Also there are three different ways to calculate it – standard, demark and fib

I pulled up 15 mins and 8 hr NIFTY charts and the pivot and S/R lines have the same value. How is the pivot and S/R line being calculated on Pi? Also, what method is being used to calculate it?

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