Pivot Point Calculator Identify Different Types Of Pivot Points

This Pivot Point Calculator helps you accurately determine key support and resistance levels in various financial markets, including stocks, forex, futures crypto, and more. This calculator allows you to choose from five widely-used pivot point calculation methods: Floor, Woodie’s, Camarilla, DeMark, and Fibonacci.

Pivot points offer valuable insights into potential price movements and aid in the development of effective trading strategies. By entering your chosen financial instrument’s high, low, open, and close prices, the calculator will output the results into a neatly organized table.

Floor Pivot Points

Floor pivot points, also known as classical or standard pivot points, are the most commonly used method for calculating pivot points. They provide a central pivot point (PP) and three support and resistance levels.

Formula

• PP = (High + Low + Close) / 3
• R1 = (2 * PP) – Low S1 = (2 * PP) – High
• R2 = PP + (High – Low)
• S2 = PP – (High – Low)
• R3 = High + 2 * (PP – Low)
• S3 = Low – 2 * (High – PP)

Woodie’s Pivot Points

Woodie’s pivot points place more emphasis on the opening and closing prices, making them particularly useful for intraday trading.

Formula

• PP = (High + Low + 2 * Close) / 4
• R1 = (2 * PP) – Low
• S1 = (2 * PP) – High
• R2 = PP + (High – Low)
• S2 = PP – (High – Low)

Camarilla Pivot Points

Camarilla pivot points provide four support and resistance levels, along with a central pivot point. These levels are especially useful for short-term, intraday trading strategies.

Formula

• PP = (High + Low + Close) / 3
• R1 = Close + (High – Low) * 1.1/12
• S1 = Close – (High – Low) * 1.1/12
• R2 = Close + (High – Low) * 1.1/6
• S2 = Close – (High – Low) * 1.1/6
• R3 = Close + (High – Low) * 1.1/4
• S3 = Close – (High – Low) * 1.1/4
• R4 = Close + (High – Low) * 1.1/2
• S4 = Close – (High – Low) * 1.1/2

DeMark Pivot Points

DeMark pivot points, developed by Tom DeMark, offer a unique perspective on pivot points by considering the relationship between the opening and closing prices.

Formula (if Close < Open)

• PP = (High + Low + (2 * Close)) / 4
• S1 = PP – (High – Low) R1 = PP + (High – Low)

Formula (if Close > Open)

• PP = (High + Low + (2 * Open)) / 4
• S1 = PP – (High – Low) R1 = PP + (High – Low)

Fibonacci Pivot Points

Fibonacci pivot points incorporate the popular Fibonacci sequence to determine support and resistance levels. This method is particularly useful for traders who utilize Fibonacci retracement and extension levels in their strategies.

Formula

• PP = (High + Low + Close) / 3
• R1 = PP + ((High – Low) * 0.382)
• S1 = PP – ((High – Low) * 0.382)
• R2 = PP + ((High – Low) * 0.618)
• S2 = PP – ((High – Low) * 0.618)
• R3 = PP + ((High – Low) * 1)
• S3 = PP – ((High – Low) * 1)

Conclusion

This Pivot Point Calculator offers a simple and effective way to calculate pivot points using various methods, including Floor, Woodie’s, Camarilla, DeMark, and Fibonacci. By incorporating these calculations into your trading strategy, you can gain insights into potential price movements.