Pivot Points Standard
Trend, Pivots
- What it shows
Horizontal levels calculated from the previous period's prices: a central pivot with support and resistance lines around it.
- How it is built
The pivot is the average of the previous period's high, low and close. Supports and resistances are placed at distances from it based on that period's range.
Default: Standard method, levels from the previous period.
- How traders read it
- Price above the pivot leans bullish, below it bearish.
- The levels are watched as places where price may pause or turn.
- They are fixed for the whole period, so they do not repaint.
Related indicators
Bull Bear IndexDifferent Of Moving AverageMoving Average WeightedDouble EMA