Wednesday 22 May 2013

Pivot Point

High : Low: Close:

Results Formulas

Res3 Res3= H + 2*(P-L)

Res2 Res2= P + (Res1-Sup1) extreme
trading
range


Res1 Res1= 2 * P - L
Pivot Point P= ( H + C + L ) / 3
Sup1 Sup1= 2 * P - H

Sup2 Sup2= P - (Res1-Sup1)

Sup3 Sup3= L - 2*(H-P)