Thursday 6 December 2012


Pivot Points Calculator

The presented pivot points calculator will generate pivot points in four different systems for you in seconds! Just fill the form below with the previous period's data and press the "Calculate" button:
High pricerequired
Low pricerequired
Close pricerequired
Open pricerequired for DeMark's pivot points
ResultsFloor Pivot PointsWoodie's Pivot PointsCamarilla Pivot PointsDeMark's Pivot Points
4th Resistance
3rd Resistance
2nd Resistance
1st Resistance
Pivot Point
1st Support
2nd Support
3rd Support
4th Support
Pivot(P) = (H+L+C)/3
Resistance(R1) = (2×P)−L
R2 = P+H−L
R3 = H+2×(P−L)
Support(S1) = (2×P)−H
S2 = P−H+L
S3 = L−2×(H−P)

Floor Pivot Points

The floor pivot points, presented in the first column of the calculation results table, are the most basic and popular type of pivots used in Forex trading technical analysis. The pivot point is interpreted as the primary support/resistance level — the point at which the main trend will be born. First-third level resistance and support points serve as additional indicators of possible trend reversal or continuation. The formula to calculate floor pivot points are quite simple.
If Close < Open Then X = H+2×L+C;
If Close > Open Then X = 2×H+L+C;
If Close = Open Then X = H+L+2×C;
New High = X/2−L;
New Low = X/2−H

Tom DeMark's Pivot Points

Other popular method of calculating the pivots to forecast the future of the trend is Tom DeMark's pivot points, which are not pivot points exactly, but are the predicted lows and highs of the period. To calculate DeMark's pivot points follow the rules displayed on the right.
Pivot (P) = (H+L+2×C)/4
Resistance (R1) = (2×P)−L
R2 = P+H−L
Support (S1) = (2×P)−H
S2 = P−H+L

Woodie's Pivot Points

Woodie's pivot points are similar to floor pivot points, but are calculated in a somewhat different way, giving more weight to the Close price of the previous period. You can use the given rules to calculate Woodie's pivot points.
R4 = (H−L)×1.1/2+C
R3 = (H−L)×1.1/4+C
R2 = (H−L)×1.1/6+C
R1 = (H−L)×1.1/12+C
S1 = C−(H−L)×1.1/12
S2 = C−(H−L)×1.1/6
S3 = C−(H−L)×1.1/4
S4 = C−(H−L)×1.1/2

Camarilla Pivot Points

Camarilla pivot points are a set of eight very probable levels which resemble support and resistance values for a current trend. The origin and the precise way to calculate these pivot points are unclear. The most important is that these pivot points work for all traders and help in setting the right stop-loss and take-profit orders. The given rules are used to calculate Camarilla pivot points.
You can find a history of the Camarilla pivot points method and some interesting examples of its usage in a short e-book entitledCamarilla Levels.
You might also be interested in our Fibonacci calculator. It will help you to calculate the retracement levels of the completed trend.


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