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essemkay  
#1 Posted : Friday, February 15, 2013 10:22:37 PM(UTC)
essemkay

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Thanks: 4 times

Any one please help me for TRIONE LEVELS EXPLORER FORMULA??

henry1224  
#2 Posted : Saturday, February 16, 2013 4:13:17 PM(UTC)
henry1224

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I suppose that you can start with Highest() and Lowest() functions, or you can use HHV() and LLV()
functions

essemkay  
#3 Posted : Sunday, February 17, 2013 12:33:20 AM(UTC)
essemkay

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Thanks: 4 times

Thanx for u r reply.

In AM mean the Most recent close specify which one?

Please explain with example.

T&R

henry1224  
#4 Posted : Sunday, February 17, 2013 7:35:35 AM(UTC)
henry1224

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Tirone levels are calculated from historical highs and lows, they can be interpreted from a centered or mean average.

You can also create them using HHV() and LLV() functions making them from historical lookback periods

henry1224  
#5 Posted : Sunday, February 17, 2013 8:20:12 AM(UTC)
henry1224

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using the PowerPivots Plus Add-on Tirone Levels

Code:

Piv:=Input("Pivot (1=Minor 2=Interm 3=Major 4=Primary)",1,4,2);
TF:=Input("TFactor",1,4,1);
PPs:= ExtFml("PowerPivots.Pivots");
TD:= ExtFml("PowerPivots.TrendDirection",Piv,TF);
TD:=If(Sum(TD=1,2)>1,1,If(Sum(TD=-1,2)>1,-1,0));
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,0); 
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,.333); 
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,.5); 
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,.666);
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,1);
ExtFml("PowerPivots.RetInd",1,PPs,TD,Piv,1);
ExtFml("PowerPivots.RetInd",2,PPs,TD,Piv,1);



this plots the last pivot levels

This is for fib levels

Code:

Piv:=Input("Pivot (1=Minor 2=Interm 3=Major 4=Primary)",1,4,2);
TF:=Input("TFactor",1,4,1);
PPs:= ExtFml("PowerPivots.Pivots");
TD:= ExtFml("PowerPivots.TrendDirection",Piv,TF);
TD:=If(Sum(TD=1,2)>1,1,If(Sum(TD=-1,2)>1,-1,0));
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,0); 
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,.25); 
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,.382); 
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,.5); 
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,.618);
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,1);
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,1.382);
ExtFml("PowerPivots.RetInd",0,PPs,TD,Piv,1.618);
ExtFml("PowerPivots.RetInd",1,PPs,TD,Piv,1);
ExtFml("PowerPivots.RetInd",2,PPs,TD,Piv,1);


Using the Highest() and Lowest()functions

Code:

HLevel:=Highest(H);
LLevel:=Lowest(L);
Range:=HLevel-LLevel;
Third:=LLevel+(Range*.33);
twoThird:=LLevel+(Range*.66);
Half:=LLevel+(Range*.5);
HLevel;twothird;Half;Third;LLevel;


Using the HHV and LLV functions

Code:

Pds:=Input("lookback",10,100,20);
HLevel:=HHV(H,Pds);
LLevel:=LLV(L,Pds);
Range:=HLevel-LLevel;
Third:=LLevel+(Range*.33);
twoThird:=LLevel+(Range*.66);
Half:=LLevel+(Range*.5);
HLevel;twothird;Half;Third;LLevel;


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