Pivot Point Calculator

What is the pivot point?

The pivot point is a technical analysis indicator or calculations that allow a trader to determine the market's overall trend at various times frames. By Pivot Point Calculator we can calculate pivot points by using the previous day's low, high, and closing prices. If the trading is above the pivot point from the previous day, it signals the current bullish sentiment. When trading is below the pivot point, on the other side, bearish sentiment is indicated.

The pivot point is the basis for the indicator, but it also includes other support and resistance levels that are projected based on the pivot point calculation. Pivot points trading is done by most intraday pivot traders.

How to calculate pivot point

You can calculate Pivot point by below pivot point formula

Pivot Point (PP) = Previous day (High price + Low Price + Closing Price)/ 3

R1=(P×2)−Low

R2=P+(High−Low)

S1=(P×2)−High

S2=P−(High−Low)

Where:

P=Pivot point

R1=Resistance 1

R2=Resistance 2

S1=Support 1

S2=Support 2

Types of Pivot Point

Pivot points can be divided into four categories as below.

• Traditional or Standard Pivot point

• Woodie Pivot point

• Camarilla Pivot point

• Fibonacci Pivot point