pivot_point_calc

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Publisher mannivivek Released Jan 24, 2012 Version 1.0.0.0 Category business Supported Languages English Size 0.57 MB Price FREE Rating (current version)

App Activity

Mar 4, 2012
Price drop » FREE
Feb 20, 2012
Price drop » $2,49
Feb 8, 2012
Price increase » $10,99
Jan 24, 2012
Initial Release

Publisher's Description

This Pivot Point Calculator will generate pivot points in four different systems for you in seconds! Just fill the form with the previous period's data and press the "Calculate" button.

We have presented four diffent systems such as described below.

FLOOR PIVOT POINT

The floor pivot points, presented here 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.

TOM DEMARK'S PIVOT POINT

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.

CAMARILLA PIVOT POINT

Camarilla pivot points are a set of eight very probable levels which resemble support and resistance values for a current trend.The most important is that these pivot points work for all traders and help in setting the right stop-loss and take-profit orders.

WOODIE'S PIVOT POINT

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.