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  • Different Pivot Point Supp / Res Calculation Methods. Standard Pivot Points

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    ChandraMauli
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    The document describes different methods for calculating pivot points, which are technical analysis indicators used to identify potential support and resistance levels. It lists the formulas for calculating standard, Fibonacci's, Camarilla, Woodie's, and Demark pivot points, which all use some combination of the high, low, and close prices to determine pivot levels above and below the current price.

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    Different Pivot Point Supp

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    The document describes different methods for calculating pivot points, which are technical analysis indicators used to identify potential support and resistance levels. It lists the formulas for calculating standard, Fibonacci's, Camarilla, Woodie's, and Demark pivot points, which all use some combination of the high, low, and close prices to determine pivot levels above and below the current price.

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    © All Rights Reserved
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    21 views1 page

    Different Pivot Point Supp / Res Calculation Methods. Standard Pivot Points

    Uploaded by

    ChandraMauli
    The document describes different methods for calculating pivot points, which are technical analysis indicators used to identify potential support and resistance levels. It lists the formulas for calculating standard, Fibonacci's, Camarilla, Woodie's, and Demark pivot points, which all use some combination of the high, low, and close prices to determine pivot levels above and below the current price.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Different Pivot Point Supp / Res Calculation Methods.

    Standard Pivot Points


    R3 = H + 2( Pivot - L
    R2 = Pivot + ( H - L )
    R1 = ( 2 x Pivot ) - L
    Pivot = ( H + L + C ) / 3
    S1 = ( 2 x Pivot ) - H
    S2 = Pivot - ( H - L )
    S3 = L - 2( H - Pivot )

    Fibonacci's Pivot Points


    R3 = Pivot + 1.000 * (H - L)
    R2 = Pivot + 0.618 * (H - L)
    R1 = Pivot + 0.382 * (H - L)
    Pivot = ( H + L + C ) / 3
    S1 = Pivot - 0.382 * (H - L)
    S2 = Pivot - 0.618 * (H - L)
    S3 = Pivot - 1.000 * (H - L)

    Camarilla Pivot Points


    R4 = C + (H - L) * 1.1/2
    R3 = C + (H - L) * 1.1/4
    R2 = C + (H - L) * 1.1/6
    R1 = C + (H - L) * 1.1/12
    Pivot = ( H + L + C ) / 3
    S1 = C - (H - L) * 1.1/12
    S2 = C - (H - L) * 1.1/6
    S3 = C - (H - L) * 1.1/4
    S3 = C - (H - L) * 1.1/2

    Woodie's Pivot Points


    R2 = Pivot + ( H - L )
    R1 = ( 2 x Pivot ) - L
    Pivot = ( H + L + 2 x C ) / 4
    S1 = ( 2 x Pivot ) - H
    S2 = Pivot - ( H - L )

    Demark Pivot Points


    If Close < Open Then x = H + 2 x L + C;
    If Close > Open Then x = 2 x H + L + C;
    If Close = Open Then x = H + L + 2 x C;
    R1 = x / 2 - L
    S1 = x / 2 - H

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