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.