FOMC_pivot

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FOMC_pivot

Postby Apprentice » Wed Aug 23, 2017 3:52 am

AUDNZD H8 (08-23-2017 0900).png

Based on the request.
viewtopic.php?f=27&t=64635
Will draw Horizontal Pivot line on the FOMC day for every month.
FOMC_pivot.lua
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Re: FOMC_pivot

Postby Apprentice » Sat Mar 10, 2018 7:11 pm

FOMC_pivot.lua
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Updated
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Re: FOMC_pivot

Postby chipsoft » Mon Mar 12, 2018 10:08 am

That is a great work thanks very much. Could you please make few tweaks to this nice indicator:
1. Kindly extend the Pivot lines to the right.
2. Kindly Highlighted the Pivot line with more width or with different colour for the days of FOMC meeting when the rate decisions were made. ( I presume you add all the monthly meet days pivots, my request is to make rate decision days meeting pivots more specific.)

Thanks again for your efforts.

Regards :D
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Re: FOMC_pivot

Postby Apprentice » Tue Mar 13, 2018 6:32 am

Your request is added to the development list under Id Number 4073
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Re: FOMC_pivot

Postby Apprentice » Wed Mar 14, 2018 4:59 pm

Try this version.
FOMC_pivot.lua
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Re: FOMC_pivot

Postby chipsoft » Wed Mar 14, 2018 6:43 pm

Hi Apprentice,
Kindly check the economic calendar which is providing the Fed Rate decision dates to this indicator. I think there are too many and non relevant Pivot lines are generated by the indicator. My request is only for the Pivot lines for the price at 1 pm Central time on the day of fed rate decision day. I will really appreciate if you correct this indicator.
Great Regards
:)
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Re: FOMC_pivot

Postby chipsoft » Thu Mar 22, 2018 4:50 pm

Hi Apprentice,
Kindly check and make appropriate amendments to this very powerful indicator.
- The pivot lines are not as per the dates of the FOMC rate decision date. Kindly draw the Pivot lines for the price at 1 pm Central time on the day of fed rate decision day.
Thanks :)
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Re: FOMC_pivot

Postby Apprentice » Fri Mar 23, 2018 5:58 am

Your request is added to the development list under Id Number 4087
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Re: FOMC_pivot

Postby Apprentice » Mon Mar 26, 2018 5:27 am

FOMC_pivot_filtered.lua
(7.33 KiB) Downloaded 1817 times


I decided that it's not worth to do a full parser (it will take several hours to do so). I just hardcoded all the data in the indicator (it turns out there are 3-4 lines in a year, so indicator needs to be updated 3-4 times a year). It's much easier and faster than to do a full parser

The user can add lines he needs himself by adding a single line in function FillMeetingsList()
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