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# Pivot Points Indicator

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## About the Pivot Points indicator

The Pivot Points indicator shows you hourly, daily, weekly or monthly pivot points and support and resistance levels.

You can choose between 8 different methods to calculate the Pivot Points and between 3 different formula for the support and resistance levels (R1-R4 & S1-S4).

## Input parameters for the Pivot Points indicator

• Pivot Points (Choose the calculation for the Pivot Points)
• (H+L+C)/3
• (H+L+O)/3
• (H+L+C+O)/4
• (H+L+C+C)/4
• (H+L+O+O)/4
• (H+L)/2
• (H+C)/2
• (L+C)/2
• Support & Resistance Level (Choose the formula for the support & resistance levels)
• Classic Formula
• Woodie Pivot Points
• Camarilla Pivot Points
• Time Period
• Hourly
• Daily
• Weekly
• Monthly
• Start Hour (for the Hourly Time Period only)
• End Hour (for the Hourly Time Period only)

## The formulas in detail

1. Classic Formula
• R4 = R3 + (High – Low)
• R3 = R2 + (High – Low)
• R2 = PP + (High – Low)
• R1 = (2 * PP) – Low
• S1 = (2 * PP) – High
• S2 = PP – (High – Low)
• S3 = S2 – (High – Low)
• S4 = S3 – (High – Low)
2. Woodie Pivot Points
• R4 = R3 + (High – Low)
• R3 = High + 2 * (PP – Low)
• R2 = PP + (High – Low)
• R1 = (2 * PP) – Low
• S1 = (2 * PP) – HIGH
• S2 = PP – (High – Low)
• S3 = Low – 2 * (High – PP)
• S4 = S3 – (High – Low)
3. Camarilla Pivot Points
• R4 = PP + (High – Low) * 1.1/2
• R3 = PP + (High – Low) * 1.1/4
• R2 = PP + (High – Low) * 1.1/6
• R1 = PP + (High – Low) * 1.1/12
• S1 = PP – (High – Low) * 1.1/12
• S2 = PP – (High – Low) * 1.1/6
• S3 = PP – (High – Low) * 1.1/4
• S4 = PP – (High – Low) * 1.1/2

The demo version works only on EURUSD. You can change all parameters except the "Pivot Point" and "Support & Resistance Level".

## iCustom function (for developers)

You can easily make an EA based on this Pivot Points indicator with its 9 buffers. 0-3 for the Resistance Price, 4 Pivot Points, 5-8 for the Support Prices.

## More about the Pivot Points Indicator

• You can install the Pivot Points Indicator on limitless demo and live accounts.