This document defines a Pivot Points indicator that can calculate different pivot point levels using classic, Fibonacci, Camarilla, Woodie, and DeMark methods. It inputs settings for pivot point type and level colors/widths. Methods define formulas to calculate pivot (P), resistance (R1-3), and support (S1-3) levels from high, low, close prices on a given time period resolution. Levels are then plotted on a chart.
This document defines a Pivot Points indicator that can calculate different pivot point levels using classic, Fibonacci, Camarilla, Woodie, and DeMark methods. It inputs settings for pivot point type and level colors/widths. Methods define formulas to calculate pivot (P), resistance (R1-3), and support (S1-3) levels from high, low, close prices on a given time period resolution. Levels are then plotted on a chart.
This document defines a Pivot Points indicator that can calculate different pivot point levels using classic, Fibonacci, Camarilla, Woodie, and DeMark methods. It inputs settings for pivot point type and level colors/widths. Methods define formulas to calculate pivot (P), resistance (R1-3), and support (S1-3) levels from high, low, close prices on a given time period resolution. Levels are then plotted on a chart.