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Pivot Points Calculator
The presented pivot points calculator will generate pivot
points in four different systems for you in seconds! Just fill the form below
with the data for a previous period and press the "Calculate" button:
Results:
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| Floor Pivot Points
| Woodie's Pivot Points
| Camarilla Pivot Points
| DeMark's Pivot Points
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The floor pivot points, presented in the first column of the calculation
results table, are the most basic and popular type of pivots used in
Forex trading technical analysis. The pivot point is
interpreted as the primary support/resistance level - the point
at which the main trend will be born. First-third level resistance and support
points serve as additional indicators of possible trend reversal or
continuation. The rules to calculate floor pivot points are quite simple:
Pivot (P) = (H + L + C) / 3
Resistance (R1) = (2 X P) - L
R2 = P + H - L
R3 = H + 2 X (P - L)
Support (S1) = (2 X P) - H
S2 = P - H + L
S3 = L - 2 X (H - P)
Other popular method of calculating a simple TA indicator
which helps trader to forecast future trend is Tom DeMark's pivot
points. Which are not pivot points exactly, but predicted low and high
of the period. To calculate DeMark's pivot points follow these rules:
If Close < Opencurrent Then X = H + 2 X L + C;
If Close > Opencurrent Then X = 2 X H + L + C;
If Close = Opencurrent Then X = H + L + 2 X C;
New High = X / 2 - L; New Low = X / 2 - H
Woodie's pivot points are similar to floor pivot points,
but are calculated in a somewhat different way, giving more weight to the Close
price of the previous period. Use the following rules to calculate Woodie's
pivot points:
Pivot (P) = (H + L + 2 X C) / 4
Resistance (R1) = (2 X P) - L
R2 = P + H - L
Support (S1) = (2 X P) - H
S2 = P - H + L
Camarilla pivot points is a set of eight very probable
levels which resemble support and resistance values for a current trend. The
origin and the precise way to calculate these pivot points are unclear. The most
important is that these pivot points work for all traders and help in setting
the right stop-loss and take-profit orders. We use the following rules to
calculate Camarilla pivot points:
R4 = (H - L) X 1.1 / 2 + C
R3 = (H - L) X 1.1 / 4 + C
R2 = (H - L) X 1.1 / 6 + C
R1 = (H - L) X 1.1 / 12 + C
S1 = C - (H - L) X 1.1 / 12
S2 = C - (H - L) X 1.1 / 6
S3 = C - (H - L) X 1.1 / 4
S4 = C - (H - L) X 1.1 / 2
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