Our trading calculator is a powerful tool that will help you make the best possible decisions before opening positions. You can also set different bid and ask prices and compare the results.
Pivot Point
Pivot Point = (High + Low + Close) / 3
First level Support & Resistance:
First Resistance = (2 x Pivot Point) – Low
First Support = (2 x Pivot Point) – High
Second level of Support & Resistance:
Second Resistance = Pivot Point + (High – Low)
Second Support = Pivot Point – (High – Low)
Third level of Support & Resistance:
Third Resistance = High + 2 X (Pivot Point – Low)
Third Support = Low – 2 X (High – Pivot Point)