Pivot Points Calculator
Use our Pivot Points Calculator to calculate significant levels of support and resistance for a variety of timeframes, including daily, weekly, and monthly. Our calculator uses four methods – Classic, Woodie, Camarilla, and DeMark – to provide you with the most accurate levels possible. Simply input the relevant data for your trading instrument, and let our calculator do the rest. Start using our Pivot Points Calculator today to take your trading to the next level.
Classic Pivot
Woodie's Pivot
Camarilla Pivot
DeMark's Pivot
Resistance 4
0
Resistance 3
0
0
Resistance 2
0
0
0
Resistance 1
0
0
0
0
Pivot
0
0
Support 1
0
0
0
0
Support 2
0
0
0
Support 3
0
0
Support 4
0
How to Use the Pivot Points Calculator
- Select the financial instrument: First, choose the financial instrument for which you want to calculate the Pivot Points. It can be a stock, commodity, or currency.
- Choose the time frame: Next, select the time frame for which you want to calculate the Pivot Points. You can choose from daily, weekly, or monthly time frames.
- Choose the Pivot Point method: There are several methods to calculate Pivot Points, such as Classic, Woodie, Camarilla, and DeMark. Select the method that suits your trading style.
- Input the previous session’s High, Low, and Close prices: You will need to input the High, Low, and Close prices of the financial instrument from the previous session. These prices will be used to calculate the Pivot Points.
- Click on Calculate: Once you have inputted all the required data, click on the “Calculate” button. The Pivot Points calculator will generate the support and resistance levels based on the chosen method and time frame.
- Analyze the results: Once you have the Pivot Points levels, you can analyze them to make trading decisions. The Pivot Points can help you identify potential price movements, support and resistance levels, and entry and exit points.
Pivot Points in Trading: Understanding the Basics and Methods
- Technical analysts often rely on Pivot Points, which indicate the levels at which a significant price movement is likely to occur.
- Pivot Points establish the direction of price movements as well as support and resistance levels.
- Pivot levels are determined using the previous session’s high, low, and closing prices of stocks, commodities, and forex currencies.
- Classic, Woodie, Camarilla, and DeMark are the four most widely used methods, and the Moneymunch Pivot Point Calculator trading tool can assist you in quickly and easily calculating them.
Using a Pivot Points Calculator can help you save time and effort in calculating support and resistance levels manually. It is a valuable tool for traders who use technical analysis in their trading strategies.
Want to take your trading to the next level? Check out our other resources and tools for traders.
