Pivot Point Calculator
Calculate support and resistance levels based on different methods
What Are Pivot Points?
Pivot points are mathematically calculated support/resistance levels based on the previous day’s price action. They help traders predict where price might react.
Key Pivot Levels:
- PP (Pivot Point) – Central reference level
- R1, R2, R3 – Resistance levels
- S1, S2, S3 – Support levels
Why Use a Pivot Point Calculator?
1. Saves Time on Manual Calculations
- Automatically computes daily/weekly/monthly pivots.
2. Improves Trade Accuracy
- Identifies high-probability reversal zones.
3. Works Across All Markets
- Forex, stocks, crypto, and commodities.
4. Enhances Strategy Backtesting
- Test how price reacts at pivot levels historically.
Types of Pivot Point Formulas
Type | Formula | Best For |
---|---|---|
Classic | PP = (High + Low + Close)/3 | Day trading |
Fibonacci | Uses 38.2%, 61.8% levels | Swing trading |
Woodie | PP = (High + Low + 2*Close)/4 | Intraday trading |
Camarilla | 8 levels with tighter spacing | Scalping |
How to Trade Using Pivot Points
1. Bounce Strategy
- Buy at S1/S2 with stop below next support.
- Sell at R1/R2 with stop above next resistance.
2. Breakout Strategy
- Enter long if price breaks R2 with volume.
- Enter short if price breaks S2 with momentum.
3. Confluence with Other Indicators
- Combine with moving averages, RSI, or MACD for confirmation.
Pro Tips for Pivot Point Trading
- Use Weekly/Monthly pivots for higher timeframe bias.
- Mark pre-market pivots for stocks/indices.
- Adjust for volatility – Wider ranges need larger stops.
- Avoid trading flat markets near PP (chop zone).
- Backtest your strategy to find optimal pivot types.
FAQs About Pivot Points
1. Which pivot formula is most accurate?
- Classic works best for most traders; Fibonacci suits reversals.
2. Do pivot points work in crypto?
Yes! Especially on BTC, ETH with high liquidity.
3. Should I use daily or weekly pivots?
- Day traders = Daily
- Swing traders = Weekly
4. Can pivots be used for options trading?
Absolutely—great for identifying strike price zones.
5. Are pivot points lagging indicators?
No, they’re pre-calculated predictive levels.