 How to Calculate Pivot Points, wanna use pivot points in your trading but dont know how to calculate them? To calculate Woodie's pivot points, the presented pivot point calculator uses the rules presented to the right. When calculating pivot points there are 3 expected value types and they are: 1) Pivot Point price: the price fluctuation of a currency pair is expected to change into a different direction. The most important is that these pivot points work for all traders and help in setting the right stop-loss and take-profit orders. Even better, well show you how to combine candlestick analysis with pivot points! C) Tendency identification by comparing the present prices according to current day's pivot point and also the prior day's pivot points. This is a simple average of the high, low and close. Pivot point is the price at which the price fluctuation of a currency pair is expected to move into a different direction. Low (L) : R1 ( 2 x Pivot ) -. If Close Open Then X H L 2 C, new High X / 2 L, new Low X / 2 H, other popular method of calculating the pivots to forecast the future of the trend.

Pivot Point Calculator