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Counting Transactions per Hour using a Pivot Table
Currency Forex Trading When you create a pivot table you rotate rows to columns. This produces a resultset that facilitates trend analysis. In the example shown in this article I show how to use a pivot table to display the number of transactions that occur per hour per day. Before we get to that, though, let's take a look at what the resultset looks like when a pivot table is not used. The Sequential Approach
In Mvelopes Bill Pay, what actions count towards my 15 transactions per month One bill pay transaction will be deducted from the fifteen available each time you make a single payment from your checking account to the payee of your choice. If you transfer money from one checking account to another, this process involves two separate electronic transactions, and will deduct two transactions from the fifteen available. Transactions are counted per calendar month.
Forex Trading Software The following script creates a few transactions and shows a sequential resultset.
SET NOCOUNT ON CREATE TABLE Transactions ( Tra_ID int IDENTITY NOT NULL PRIMARY KEY, Tra_Date smalldatetime NOT NULL ) go INSERT Transactions VALUES ('8/1/01 08:00:00') INSERT Transactions VALUES ('8/1/01 08:00:00') INSERT Transactions VALUES ('8/1/01 13:00:00') INSERT Transactions VALUES ('8/1/01 17:00:00') INSERT Transactions VALUES ('8/2/01 09:00:00') INSERT Transactions VALUES ('8/2/01 10:00:00') INSERT Transactions VALUES ('8/2/01 16:00:00') INSERT Transactions VALUES ('8/2/01 17:00:00') INSERT Transactions VALUES ('8/3/01 15:00:00') INSERT Transactions VALUES ('8/3/01 15:30:00') INSERT Transactions VALUES ('8/4/01 11:00:00') INSERT Transactions VALUES ('8/4/01 17:00:00') go SELECT CONVERT(varchar(8),Tra_Date,1) AS 'Day', CASE WHEN DATEPART(hour,Tra_Date) = 7 THEN '7am-8' WHEN DATEPART(hour,Tra_Date) = 8 THEN '8am-9' WHEN DATEPART(hour,Tra_Date) = 9 THEN '9am-10' WHEN DATEPART(hour,Tra_Date) = 10 THEN '10am-11' WHEN DATEPART(hour,Tra_Date) = 11 THEN '11am-Noon' WHEN DATEPART(hour,Tra_Date) = 12 THEN 'Noon-1' WHEN DATEPART(hour,Tra_Date) = 13 THEN '1pm-2' WHEN DATEPART(hour,Tra_Date) = 14 THEN '2pm-3' WHEN DATEPART(hour,Tra_Date) = 15 THEN '3pm-4' WHEN DATEPART(hour,Tra_Date) = 16 THEN '4pm-5' WHEN DATEPART(hour,Tra_Date) = 17 THEN '5pm-6' END AS TranHour, COUNT(*) AS TranCount FROM Transactions GROUP BY CONVERT(varchar(8),Tra_Date,1),DATEPART(hh,Tra_Date) ORDER BY CONVERT(varchar(8),Tra_Date,1) -- Results -- Day TranHour TranCount -------- --------- ----------- 08/01/01 8am-9 2 08/01/01 1pm-2 1 08/01/01 5pm-6 1 08/02/01 9am-10 1 08/02/01 10am-11 1 08/02/01 4pm-5 1 08/02/01 5pm-6 1 08/03/01 3pm-4 2 08/04/01 11am-Noon 1 08/04/01 5pm-6 1
It comes with 2 DVDs (4 hours of live instructions), 12 computer CDs with core system strategies described there, "Trade Currencies Like the Big Dogs" manual (250+ pages), "Introduction to Forex Trading" guide (100+ pages) and quick start guide for trading Forex, 6 months of unlimited access to our member' extensive library of video tutorials (150+ hours), member forum, daily video trading examples, trading tips from other members, common questions and answers, daily pivot data for major currency pairs etc.
Currency Forex System Trading The code certainly works, but you really have to pay attention to tell when days change and it is difficult to see how the transactions vary for the same hour across days. Creating a Pivot Table
Professional traders calculate pivot points in preparation for each trading sessions. The pivot lines system is an indispensable guide for making profitable decisions. For an active trader, the pivots can mean the difference between winning and losing. The Pivot techniques work well in markets with a wide daily trading range, such as the Forex. Pivot lines steers traders away from "no man's land" and identifies "high activity" areas in
Forex Trading System The pivot table approach creates a tabular format of the data and makes analysis much easier. The code that does this is shown here.
SELECT CONVERT(varchar(8),Tra_Date,1) AS 'Day', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 7 THEN 1 ELSE 0 END) AS '7am-8', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 8 THEN 1 ELSE 0 END) AS '8am-9', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 9 THEN 1 ELSE 0 END) AS '9am-10', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 10 THEN 1 ELSE 0 END) AS '10am-11', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 11 THEN 1 ELSE 0 END) AS '11am-Noon', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 12 THEN 1 ELSE 0 END) AS 'Noon-1', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 13 THEN 1 ELSE 0 END) AS '1pm-2', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 14 THEN 1 ELSE 0 END) AS '2pm-3', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 15 THEN 1 ELSE 0 END) AS '3pm-4', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 16 THEN 1 ELSE 0 END) AS '4pm-5', SUM(CASE WHEN DATEPART(hour,Tra_Date) = 17 THEN 1 ELSE 0 END) AS '5pm-6' FROM Transactions GROUP BY CONVERT(varchar(8),Tra_Date,1) ORDER BY CONVERT(varchar(8),Tra_Date,1) -- Resultset -- Day 7am-8 8am-9 9am-10 10am-11 11am-Noon ... -------- ----------- ----------- ----------- ----------- --------- 08/01/01 0 2 0 0 0 ... 08/02/01 0 0 1 1 0 ... 08/03/01 0 0 0 0 0 ... 08/04/01 0 0 0 0 1 ...
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Currency Forex Online Trading The key in implementing a pivot table is rotating the rows to columns. This is accomplished with the CASE statement and SUM aggregation function. When the CASE statement evaluates to true a one is returned and when it evaluates to false a 0 is returned. The SUM function adds all the values together to produce a column value. This code can look a little confusing at first, but after you experiment with it (break it and then fix it) for a few minutes it will make sense. Conclusion
or move rapidly away from. My pivots program provides not only Pivot, R1, R2, S1, and S2, but also the M1, M2, M3, and M4 points as well. It is common to find many traders calculating only the Pivot, R1, R2, S1, and S2 levels. In the Forex market, however, you will find my additional points of support and resistance to be very significant
Forex Trade Pivot tables are a great way to summarize data for analysis. And if you happen to know how to use the DTS Export Wizard it is easy to export the data returned to an Excel spreadsheet. I prefer giving end-users data in Excel because they can massage it any way they choose, which reduces the number of request to me.
Forex Online System Trading Garth www.SQLBook.com
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