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Forex Pivot Point Calculator

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FOREX PIVOT POINT CALCULATOR

Input:    
High    
Close    
Low
Pivot Point

  Resistances Supports
1
2
3

Instructions

1) To calculate the Pivot point, two Resistance and two Support points enter the previous period High, Low and Close     prices.

2)  Press the button 'Calculate'

Formulas:

Pivot = ( High + Close + Low ) / 3  
   
Resistance1 = 2 * Pivot - Low normal trading range
Support1 = 2 * Pivot - High for the next period
   
Resistance2 = Pivot + (Resistance1 - Support1) extreme trading range
Support2 = Pivot - (Resistance1 - Support1)  
   
Resistance3 = High + 2*(Pivot - Low)  
Support3 = Low - 2*(High - Pivot)  

Using Pivot Points

When calculating pivot points, the pivot point itself is the primary support/resistance. This means that the largest price movement is expected to occur at this price. The other support(S1-S3) and resistance levels(R1-R3) are less influential, but may still generate significant price movements.





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