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home >finance>pivot-points-tradingPivot Points CalculatorCalculate the pivot point, resistance and support levels of trading for today from the high, low and close price of the previous day. Pivot Points Calculation For Trading
Code to add this calci to your website
Just copy and paste the below code to your webpage where you want to display this calculator. Formula Used: 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 ) Where, 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. | ||||||||||||