Calculate the pivot point, resistance and support levels of trading for today from the high, low and close price of the previous day.
Calculator of Pivot PointsDOWNLOAD CALCULATOR
Formula of Pivot Points
Pivot Point = (H + C + L) / 3 R3 = H + 2 × ( Pivot − L ) R2 = Pivot + ( R1 − S1 ) R1 = 2 × Pivot − L S1 = 2 × Pivot − H S2 = Pivot − ( R1 − S1 ) S3 = L − 2 × ( H − Pivot )
- H – Previous Days High
- L – Previous Days Low
- C – Previous Days Close
- R – Resistances Levels
- S – Supports Levels
Using this pivot points calculator, the idea of trading and the idea of where the market is heading during the course of the day can be got with only a few simple calculations.