Forex Pivot Point Calculator
This easy to use Pivot Point Calculator can simplify the calculation of forex pivot. By entering the High, Low and Close price from the previous candle/bar, you can calculate the forex pivot for the afteward/current candle. If you haven’t had any idea what forex pivot point is, please give a time to read this pivot lines article.
How To Use Pivot Point Calculator
You can use this pivot point calculator to calculate forex pivot point for any timeframe you wish. You can calculate daily pivot, 4 hourly pivot, hourly pivot et cetera. Also, you can use it to calculate forex pivot for any currency pair (gpp/usd, eur/usd, gbp/jpy, usd/jpy, et cetera). This tool calculate forex pivot point and also support-resitance lines based on this pivot point formula. In that articles, you can also read about how to obtain the previous candle High, Low and Close (HLC) data.
Below are steps to use the Pivot Point Calculator:
- Find out previous candle HIGH, LOW and CLOSE data.
- Input the HLC data into to appropriate form on Pivot Point calculator. Click the ‘Calculate’ button . You should then get the Pivot Point, Support and Resistance Values
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(eden):i need that indicator. i tried so many stupid ea and indicators, free and commercials....