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This pack contains the following:
For each calculation method, the important Pivot Range is calculated and shown in the chart. A fantastic new label function allows traders to label every chart.
To get started with Pivot Points, download the FREE Pivot Points – Pack 1.
The price of the advanced Pivot Points – Pack 2 is only € 49 (excl. VAT). Compared to Pivot Points packs offered by others for other platforms, € 49 is incredible value for money! Some examples: Ultimate Pivot Points $ 195, FS Pivot $299 and Session Pivots $ 295.
Pivot Points are used, with good reason, by many traders. Over time many different methods of calculating Pivot Points were developed. However, the general concept is the same.
Wide Pivot Points: add the daily range to R2 to calculate R3 or subtract the daily range from S2 to calculate S3.
Camarilla Pivot Points: points symmetrically distributed around the previous period´s close.
Fibonacci Pivot Points: points symmetrically distributed around the Pivot Point.
Jackson Zones: similar to the traditional Pivot Points, but with symmetrical levels for R1 and S1.
Woodie's Pivot Points: points calculated as previous [Open + High + Low + Close]/4 instead of the traditional previous [High + Low + Close]/3.
The different Pivot Points can be selected in the designer dialog:
Additionally all indicators include parameters to show the Pivot Points of the previous periods, to show the previous high, low and close level and last but not least a fantastic new label function for all lines:
This is the hourly Pivot Point indicator.
This is the session Pivot Point indicator. With this indicator Pivot Points of the regular trading hours (RTH) can be displayed on a chart of the full electronic trading hours (ETH). The following example shows the session Pivots for the FDAX from 09:00-17:30 on a ETH chart.
This is the rolling Pivot Point indicator. The following chart shows 3-day rolling Pivot Points.
This is the weekly Pivot Point indicator.