find.pivots: Find supports and resitance for a time series

In prodipta/techchart: Package to carry out automated technical charting analysis

Description

Find supports and resitance for a time series

Usage

find.pivots(x, type = c("SR", "FIB"), tolerance = 0.02, strength = 3,
  maxline = 10, lookback = 20)

Arguments

x	xts object, or vector, representing a time series
type	either FIB (Fibonacci) or SR. SR is based on best fit lines of multiple peaks and troughs
tolerance	threshold for percentage change or vol multiple for extreme points
strength	minimum number of extreme points defining a support
maxline	maximum number of support/ resistance lines to return
lookback	Used for volatility dependent adaptive threshold

Value

support/ resistance object (object of class supports)

Examples

x <- quantmod::getSymbols("^GSPC", auto.assign = FALSE)
x <- x["2015/"]
sups <- find.pivots(x, type = "FIB")
summary(sups)
sups <- find.pivots(x, type = "SR", strength = 5)
summary(sups)
quantmod::chart_Series(x)
quantmod::add_TA(sups$lines[[1]],on=1, lty=2)

prodipta/techchart documentation built on Sept. 13, 2020, 2:51 p.m.