Pivot Point’s Calculate Formula

To trading in forex market, traders should know Pivot Point’s Calculation. So I give a tips how to calculate pivot point. Basicaly pivot point calculate 3 types and thats are here

Pivot Points(Classic)

Pivot Point (PP) = (High price (H) + Low price (L) + Close price (C)) / 3

Resistance Level (R1) = (2 * PP) − Low price (L)

Resistance Level (R2) = PP + (High price (H) − Low price (L))

Resistance Level (R3) = High + 2 * (PP − Low price (L))

Support Level (S1) = (2 * PP) − High price (H)

Support Level (S2) = PP − (High price (H) − Low price (L))

Support Level (S3) = Low price (L) − 2 * (High price (H) − PP)

Pivot Points(Woodie's)

Pivot Point (PP) = (High price (H) + Low price (L) + 2 * Close price (C)) / 4

Resistance Level (R1) = (2 * PP) − Low price (L)

Resistance Level (R2) = PP + (High price (H) − Low price (L))

Support Level (S1) = (2 * PP) − High price (H)

Support Level (S2) = PP − (High price (H) − Low price (L))

Pivot Points (Camarilla)

Pivot Point (PP) = (High price (H) + Low price (L) + Close price (C)) / 3

Resistance Level (R1) = Close price (C) + (High price (H) − Low price (L)) * 1.1 / 12

Resistance Level (R2) = Close price (C) + (High price (H) − Low price (L)) * 1.1 / 6

Resistance Level (R3) = Close price (C) + (High price (H) − Low price (L)) * 1.1 / 4

Resistance Level (R4) = Close price (C) + (High price (H) − Low price (L)) * 1.1 / 2

Support Level (S1) = Close price (C) − (High price (H) − Low price (L)) * 1.1 / 12

Support Level (S2) = Close price (C) − (High price (H) − Low price (L)) * 1.1 / 6

Support Level (S3) = Close price (C) − (High price (H) − Low price (L)) * 1.1 / 4

Support Level (S4) = Close price (C) − (High price (H) − Low price (L)) * 1.1 / 2