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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.
Click here to buy Pivot Points – Pack 2 in the store.
Click here to test a free demo of the NanoTrader trading platform.
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.
Recommendation: See how traditional Pivot Points are calculated and how a classic Pivot Point analysis is done.
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.