Why do pivot points differ on Kite and Pi? How is this calculated?

Not possible for now but will note this.

its not what zerodha uses… I tried but it does not matches zerodha’s pivot points…

What is the exact formula for pivot points showing in kite chart? Thank you in advance

the H L C are marked, a line should have been drawn to know the exact figure. I am pointing this out because i am using 5 min chart and in no way the pivot points by calculation using the H L C of the previous day candles (5 min chart) are in sync with the pivot points of the following day . Why is there this difference, Kindly sort it out … Kite is trustworthy and it should not earn a bad name because of this

how can the OHLC be different for a particular day with the change of time frame . Do u mean to say that Kite creates its own OHLC as per its convenience??? i Belief the OHLC of any stock for a particular day remains constant irrespective of the trading platform or time frame. Whats the logic of changing OHLC with time frame change

You have mentioned up to 4 hours for pi but What pi calculates for 1 Week, 1 Month calculation.
Also I loaded weekly and monthly chart on PI but pivot points does not appear, is that a technical problem with my system or it is normal.

It is normal, Pi wont display for more than day timeframes.

Many thanks for clarification

Pivot Point for 5 minute chart on KITE is based on previous day Open, High, Low, Close.

But I would like to know which OHLC are considered by KITE for Pivot Points displayed on Weekly Chart.

Thanks in advance for your reply

To arrive at weekly and monthly, year points are considered.

Have checked on so many stocks but pivot point on weekly and monthly charts are different (e.g. ICICIBANK), please can you check again for how does pivot points shown on weekly charts are calculated ?
You are right that for monthly pivot point previous year points are considered.

Thank you in advance

hi,

It will be a great help if you can answer above question .

Nice …Good Info/Thank you

Hi team,

I’ve been confused with the pivot points calculation in kite. Have already read other threads asking for the same question but it still doesn’t answer the question.
Let’s take an example of Jindalstel as on 30th March 2020 where the pivot point line is placed at 82.08 but when I calculate it manually with previous day data i.e 30th march where the (high + low + close) ÷ 3 shows 81.21. Another example is the pivot of 30th Mar where the pivot line is at 90.43 but when checked manually shows 90.38. Can someone help me out with the calculation behind this. I’m using chartiq & 15 minutes chart & have also noticed it’s different from tradingview. Please provide examples for better reference.

Thanks in advance.

Also me found this issue…Pivots were showing small difference in tradingView vs Kite manual charts…

Could you recheck your calculation.
30 Mar 20 data are (87.3+79.35+79.6)/3 = 82.08 PP for 31 Mar 2020
27 data : (94.5+87.8+89)/3 = 90.43 PP for 30 Mar 2020

Thanks for the prompt response.

Can you let me know what close are you calculating?

I used to take the high, low & close of previous days candle. But assuming that you’re using the last 15 min candle close for the calculations. I’m adding high & low of previous day’s data and close of previous day’s last 15 min candle where 31st & 30 th march is proper but previous data is not matching with my calculations.

Pivot point for 27 March where (96+87.5+88.25)/3 = 90.58 but kite shows 90.40
For 26 March (94.9+87.25+91.5)/3 = 91.23 but kite shows 91.33

Thanks in advance :slightly_smiling_face:

Also is there any way to download the kite chart in csv with the points?

Just realised. There is a difference in prices when you use different candles. The values you got are at day candle but the values I have taken are from 15mins candles data. Ideally, this difference in data at the candle level should not happen.

Till now I was considering day’s candle but since I’m considering 15 mins candle highest high & lowest low & the last close & dividing it by 3 I’m getting it right,

Thanks a lot buddy I was not able to sleep from past 1 week because of this.

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