Pivot Points Calculator

 The Pivot Points Calculator is an embeddable technical analysis tool that shows pivot points and six associated support and resistance levels for Forex instruments. A compact, clear table aggregates the levels that are calculated using four main methods: standard (Pivot), Wooddie, Fibonacci, and Camarilla.

By default, the calculations are based on the previous day’s high, low, and close prices, but the custom option allows to feed the widget any desired rates.

The widget also gives an opportunity to study the levels on a chart and see the past and current price developments in relation to the calculated reversal lines.

#Disclaimer: Not SEBI-registered | For #EducationalPurpose only | #NoInvestmentAdvice

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These are all tools used in technical analysis to estimate potential support (S) and resistance (R) levels for intraday or swing trading.

🔹 1. Standard (Pivot Point) Method

• Formula:

  • Pivot (P) = (High + Low + Close) ÷ 3

  • Support/Resistance:

    • R1 = (2 × P) – Low

    • S1 = (2 × P) – High

    • R2 = P + (High – Low)

    • S2 = P – (High – Low)

• Usage: Most common, considered the “classic” method.

• Pros: Simple, widely used across platforms.

• Cons: Doesn’t weigh the closing price more than others.

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🔹 2. Woodie Pivot

• Formula:

  • Pivot (P) = (High + Low + 2 × Close) ÷ 4

  • Support/Resistance:

    • R1 = (2 × P) – Low

    • S1 = (2 × P) – High

    • R2 = P + (High – Low)

    • S2 = P – (High – Low)

• Usage: Gives extra weight to the prior close, reflecting momentum.

• Pros: More responsive to recent market action.

• Cons: Can produce different levels than “standard,” sometimes confusing.

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🔹 3. Fibonacci Pivot

• Formula:

  • Pivot (P) = (High + Low + Close) ÷ 3

  • Levels use Fibonacci ratios:

    • R1 = P + (0.382 × (High – Low))

    • R2 = P + (0.618 × (High – Low))

    • R3 = P + (1.000 × (High – Low))

    • S1 = P – (0.382 × (High – Low))

    • S2 = P – (0.618 × (High – Low))

    • S3 = P – (1.000 × (High – Low))

• Usage: Combines pivot points with Fibonacci retracement concepts.

• Pros: Traders who already use Fibonacci extensions often prefer this.

• Cons: Not as universally applied as Standard/Woodie.

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🔹 4. Camarilla Pivot

• Formula:

  • Pivot (P) = (High + Low + Close) ÷ 3

  • Support/Resistance based on a multiplier of (High – Low):

    • R1 = Close + (High – Low) × 1.0833 ÷ 12

    • R2 = Close + (High – Low) × 1.0833 ÷ 6

    • R3 = Close + (High – Low) × 1.0833 ÷ 4

    • R4 = Close + (High – Low) × 1.0833 ÷ 2

    • (Same for S1–S4, subtracted instead of added)

• Usage: Focuses on short-term intraday reversals, especially around R3/S3.

• Pros: Very popular among day traders for identifying breakout vs. reversal setups.

• Cons: Can give too many levels, making charts crowded.

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📊 Quick Comparison

Method	Base Formula	Focus	Best For
Standard	Equal weight (H+L+C)/3	Classic levels	General use, broad market
Woodie	Weighted close	Momentum bias	Active traders
Fibonacci	Pivot + Fib ratios	Symmetry & extensions	Traders who use Fibonacci
Camarilla	Close + scaled range	Intraday reversals	Scalpers, day traders

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✅ In practice, many charting platforms allow overlaying all four pivot systems so traders can compare. The choice depends on style: Standard/Woodie for broad trend guidance, Fibonacci for confluence with retracements, and Camarilla for short-term levels.

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Disclaimer: This is not financial advice. For informational and educational purposes only.