Pivot Points Calculator
Generate floor pivot levels for your trading session. Professional day traders use these levels to gauge market sentiment and time their trades.
What are Pivot Points in trading?
Pivot Points are technical indicators used by traders to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low, and closing prices from the previous trading period.
How are support and resistance levels calculated?
Once the main Pivot Point (P) is calculated, several support (S) and resistance (R) levels are derived. For example, R1 = 2P - Low, and S1 = 2P - High. These levels indicate where price action might reverse.
Which is the most common Pivot Point system?
The Standard (Floor) Pivot Point system is the most widely used. This calculator also provides Woodie's, Camarilla, and DeMark's systems for advanced traders.
When should I calculate Pivot Points?
Day traders typically calculate Pivot Points using the previous day's high, low, and close to plan their trades for the upcoming session.