Le pivot point eat in outil de calcule trs precis et trees important Dan's le trading voila son Principe de calcule
= Previous day’s high price
L = Previous day’s low price
O = Current day’s opening price
The formula for the pivot point is:
PP = (H + L + (O * 2)) / 4
Support and resistance levels are then calculated. The first support and resistance levels are calculated using the difference between the pivot point and the previous day’s high and low prices:
R1 = (2 * PP) - L
S1 = (2 * PP) - H
The second support and resistance levels are based on the width of the trading range (high - low) and are calculated as:
R2 = PP + (H - L)
S2 = PP - (H - L)
The third support and resistance levels are calculated as:
R3 = H + 2 * (PP - L)
S3 = L - 2 * (H - PP)