Pivot Point Calculator
The Pivot Point Calculator will show you the support and resistance levels which are popularly used in forex trading to predict potential entry and exit points. To use it, follow these steps:
- Decide on the type of Pivot Point that you want to calculate. This Pivot Point calculator can calculate using Classical, Woodie's, Camarilla, and De Mark methods. When in doubt, just go for Classic.
- Enter the highest price level, lowest price, and closing price, in the column provided. This price level corresponds to the timeframe you choose. If Daily, then enter the highest price, lowest price, and closing price on the previous day.
- Especially for Pivot Point De Mark calculations, add the opening price.
- Click "Count".
Furthermore, support, resistance and pivot levels will appear automatically in the table. Then, you can immediately use it for trading.