What is pivot point ? and How to Calculate ?

In financial markets, a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period.

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Below are the formulas used to calculate the pivot points values in this site. We provide pivot points of  All MCX, NSE Cash and FUTURE, Click Here For Pivot Levels.

Pivot points are very useful tools that use the previous bars’ highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading; while 4-hour pivot points are useful for intraday trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect.

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

Woila ” it’s So Easy to Calculate , Also we are Going to Share Excel Sheet Shortly Stay Tune.

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