Forex Trading Systems
Home
Forex Trading Systems
FX System Tutorial
Tools
Forex Charts
Forex Quotes
News
Links
Contact
Forex Killer
•
Forex Trading Machine
•
5EMA Forex System
•
Trend Forex System
•
Range Forex Trader
•
Cracking The Forex Code
•
Currency Converter
Forex Risk Calculator
Fibonacci Calculator
Pivot Point Calculator
Pivot Point Calculator
Input:
High
Close
Low
Primary Pivot Point
Resistance Levels
Support Levels
R1,S1
R2,S2
R3,S3
How to use the pivot point calculator?
Enter the previous DAY period High, Low and Close prices for any currency pair you want. Then press "Calculate Pivot" to calculate the pivot and the 3 support/resistance levels. Note that the previous day ends at 5PM NY time.
Formulas Used in the Pivot Point Calculator:
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)
Copyright ©2008 Ultimateforextradingsystems.com. All Rights Reserved. Home
Site Map
About Us
Terms and Conditions
Privacy Policy