Pivot Point Table

#1
I would like to know about the pivot point calculator for support and resistance. Most of the calculator which I have seen has failed miserably. What is the actual method of calculating the support and resistance level using pivot point?
Thanks
 

dhakkan

Active Member
#2
That's how market moves.... If it keeps on confirming to existing S/R level's.. it will never move.. :).. Always new S/R keep on forming...

May be you should start with this thread... It has everything you would ever want to know about Pivots.
 

deb99891

Active Member
#3
these r the universal datas available to (almost) all traders actively trading in the market.
thease r the probable reflex points.. access open to all......
for some one these r no trade zone n for some one these r the entry points....
now its upto the trader how he/she is using the data in actual trading(in orgainesd auction process as told by asish da in his thread ).
That is why saint says
"You cannot change the direction of the wind,but you CAN adjust the sail..."
 
Last edited:

sashsaha0

Active Member
#4
here it goes to calculate pivot point
p=pivot point s=support r=resistance h= prev day high l=prev day low c= prev day close
p=(h+l+c)/3 ; r3=h+{2x p-l};r2=p+[h-l] r1=[p x2]-l
s1=[p x 2]-h; s2=p x[ h-l] ; s3=l-[2 x [h-p]
 

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