Pivot Point Calculator

The Pivot Point Calculator is used to calculate pivot points for forex (including SBI FX), forex options, futures, bonds, commodities, stocks, options and any other investment security that has a high, low and close price in any time period.

The Pivot installer does include offers for other software, but they're all optional during installation and will not harm your computer.

Applying Pivot Points to the FX Market

The Pivot Point Calculator is used to calculate pivot points for forex (including SBI FX), forex options, futures, bonds, commodities, stocks, options and any other investment security that has a high, low and close price in any time period.

Another strategy employed by traders is to look for prices to obey the pivot level, therefore validating the level as a solid support or resistance zone. In this type of strategy, you're looking for the price to break the pivot level, reverse and then trend back towards the pivot level. If the price proceeds to drive through the pivot point, this is an indication that the pivot level is not very strong and is therefore less useful as a trading signal.

However, if prices hesitate around that level or "validate" it, then the pivot level is more significant and suggests that the move lower is an actual break, which indicates that there may be a continuation move. For the most part, prices were first confined within the mid-point and pivot level.

At the European open 2 A. Prices then retraced back to pivot level, held it and proceeded to rally once again. The level was tested once more right before the U. As the charts above have shown, pivots can be especially popular in the FX market since many currency pairs do tend to fluctuate between these levels. Range-bound traders will enter a buy order near identified levels of support and a sell order when the asset nears the upper resistance.

Pivot points also enable trend and breakout traders to spot key levels that need to be broken for a move to qualify as a breakout.

Furthermore, these technical indicators can be very useful at market opens. An excellent way for individual investors to become more attuned to market movements and make more educated transaction decisions comes from having an awareness of where these potential turning points are located.

Given their ease of calculation, pivot points can also be incorporated into many trading strategies. The flexibility and relative simplicity of pivot points definitely make them a useful addition to your trading toolbox. Calculating Pivot Points By definition, a pivot point is a point of rotation. The textbook calculation for a pivot point is as follows: First level support and resistance: Applying Pivot Points to the FX Market Generally speaking, the pivot point is seen as the primary support or resistance level.

This chart shows a common day in the FX market. The areas circled in the chart are good illustrations of the importance of a break above these levels. This chart shows an example of the strength of the support and resistance calculated using the pivot calculations.

Two Strategies Using Pivot Points Many strategies can be developed using the pivot level as a base, but the accuracy of using pivot lines increases when Japanese candlestick formations can also be identified. This chart shows a pivot point being used in cooperation with a candlestick pattern to predict a trend reversal. Notice how the descent was stopped by the second support level.

This is an example of a currency pair "obeying" the support and resistance identified by the pivot point calculation. These levels become more significant the more times the pair tries to break through. Pivot Point Levels Reversal. Level Reversal Trading system. Pivot Point levels Reversal. The Attack of the Viper: The attack of the Viper 20 Binary Options Strategy: Reversal Channel 29 Binary Options Strategy: Pivot points Levels, JMO indicator.

Buy When that the price breaks a support Pivot Point level , wait that jmo indicator come back up from overbought area and crosses upward. Pivot Point Levels Reversal Template and indicators.

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