Enter yesterday's High, Low, and Close prices to generate support & resistance levels for intraday trading. Identify key reversal zones using Standard pivots.
Pivot Points are significant support and resistance levels used by intraday traders to determine potential turning points in the market. They are calculated using the previous trading day's High, Low, and Close prices.
The most popular method. Uses a simple average of High, Low, and Close for the central pivot.
Based on Fibonacci retracement levels (38.2%, 61.8%). Popular among swing traders.
Focuses on range trading. Excellent for identifying mean reversion trades when price opens between R3 and S3.
Gives more weight to the Closing price of the previous session. Useful for markets that close strong.