Pivot Point Calculator

What is a Pivot Point Calculator?

The Pivot Point Calculator is an essential technical analysis tool that helps traders identify critical support and resistance levels based on the previous trading period's price action. By calculating these key levels, traders can anticipate potential price reversal points, set strategic entry and exit points, and manage risk more effectively in volatile markets.

This comprehensive calculator provides five different pivot point calculation methods: Classic Floor Pivots, Woodie Pivots, Camarilla Pivots, Demark Pivots, and Fibonacci Pivots. Each method offers unique insights into market structure and can be used for different trading styles and timeframes. Whether you're a day trader, swing trader, or position trader, understanding these pivot levels can significantly enhance your trading decisions.

Pivot points are particularly valuable because they're objective and predetermined - unlike trendlines or chart patterns that can be subjective. Many institutional and retail traders watch the same pivot levels, creating self-fulfilling prophecies as price often reacts at these key technical areas. By incorporating pivot points into your trading strategy, you align yourself with significant market participants and increase your probability of successful trades.

Advertisement

Inputs

Pivot Levels for EUR/USD (1D)

LevelFloorWoodieCamarillaDemarkFibonacci
R4--
R3---
R2----
R1-----
PP----
S1-----
S2----
S3---
S4--

Frequently Asked Questions

Pivot points are technical analysis indicators used to determine overall market trends and key support and resistance levels. They are calculated using the previous period's high, low, and closing prices to predict potential price movement areas. Pivot points are widely used by day traders and swing traders to identify potential entry and exit points in the market.

Pivot points work by identifying potential support and resistance levels where price might reverse or consolidate. Traders use these levels to enter trades, set stop losses, and take profit targets based on how price reacts at these key levels. When price approaches a pivot resistance level, traders might look for selling opportunities, while approaching pivot support levels might signal buying opportunities.

Each method uses different formulas: Floor uses basic (H+L+C)/3 calculation; Woodie emphasizes the closing price; Camarilla uses tighter levels closer to current price; Demark considers the relationship between open and close; Fibonacci incorporates golden ratio levels. Floor is most common, Woodie is good for intraday, Camarilla for scalping, Demark for trend identification, and Fibonacci for retracement levels.

No single method is universally 'most accurate' - it depends on market conditions and your trading style. Floor pivots work well in trending markets, Camarilla in ranging markets, Woodie for day trading, and Fibonacci when markets respect Fibonacci levels. Many traders use multiple methods and look for confluence areas where different pivot methods align.

Use pivot points to identify potential support/resistance zones. Look for price action signals (candlestick patterns, bounces, breaks) at these levels. Combine with other indicators like moving averages or RSI for confirmation. Set stop losses beyond pivot levels and take profits at the next pivot level. The central pivot point often acts as a key intraday support/resistance.

Pivot points work across all timeframes but are most commonly used on daily charts for swing trading and 1H-4H charts for day trading. Higher timeframes (daily, weekly) provide more significant levels, while lower timeframes offer more frequent trading opportunities. Many traders use multiple timeframe analysis with pivots.

Yes, pivot points work effectively in stocks, indices, commodities, and cryptocurrencies. The principles remain the same - they identify potential support and resistance levels based on previous period price action. However, market volatility and trading hours may affect their reliability in different markets.

Recalculate pivot points at the start of each new trading period (daily for daily pivots, weekly for weekly pivots). For intraday trading, use the previous day's data for daily pivots. Some traders also calculate weekly and monthly pivots for longer-term perspective. Always use the correct high, low, and close for the specific timeframe you're trading.

R1, R2, R3 represent resistance levels 1, 2, and 3 above the central pivot point. S1, S2, S3 represent support levels 1, 2, and 3 below the central pivot point. Higher numbers (R3, R4, S3, S4) indicate stronger but less frequently tested levels. Price breaking through multiple levels often indicates strong momentum.

Pivot points are reliable for identifying potential reaction areas, but they shouldn't be used alone. They work best when combined with other technical analysis tools, price action confirmation, and proper risk management. Markets often respect pivot levels, especially when multiple traders are watching the same levels, creating self-fulfilling prophecies.
Advertisement

Related Calculators

Fibonacci Calculator
Fibonacci Calculator

Calculate Fibonacci retracement and extension levels

Gain and Loss Percentage
Gain and Loss Percentage

Calculate percentage gains or losses on trades

Spread Betting Size Calculator
Spread Betting Size Calculator

Determine optimal position size for spread betting

Compounding Calculator
Compounding Calculator

Calculate compound growth of your trading account