Pivot point calculation normally is a technical evaluation formula that requires the application of a calculator.
This eBook is an introduction and guide to
Pivot Point calculations.
To make changes to the starting time of
your pivot point calculations, simply change the value of «StartHour» or «StartMinute» from 0 to a whole number (positive or negative).
The middle levels in
these pivot point calculations are not typically as strong.
Not exact matches
The other six price levels — three support levels and three resistance levels — all use the value of the
pivot point as part of their
calculations.
The good news with the
calculations is that there are a number of
pivot point calculators available online for free if you do a search.
Given their ease of
calculation,
pivot points can also be incorporated into many trading strategies.