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Different Pivot Point Supp / Res Calculation Methods. Standard Pivot Points

The document describes different methods for calculating pivot points, which are technical analysis indicators used to identify potential support and resistance levels. It lists the formulas for calculating standard, Fibonacci's, Camarilla, Woodie's, and Demark pivot points, which all use some combination of the high, low, and close prices to determine pivot levels above and below the current price.

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58 views1 page

Different Pivot Point Supp / Res Calculation Methods. Standard Pivot Points

The document describes different methods for calculating pivot points, which are technical analysis indicators used to identify potential support and resistance levels. It lists the formulas for calculating standard, Fibonacci's, Camarilla, Woodie's, and Demark pivot points, which all use some combination of the high, low, and close prices to determine pivot levels above and below the current price.

Uploaded by

ChandraMauli
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Different Pivot Point Supp / Res Calculation Methods.

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

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