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Trader Toolkit · Calculator
Seven levels worked from one finished bar: its high, its low and its close.
High and low and close, combined:seven lines, and none divined.
Pivot (Classic)
1.1000
P = (H + L + C) ÷ 3
Range of the bar (H − L)
0.0100
1.1050 − 1.0950
With the Classic formulas the pivot is 1.1000. Resistance levels, from the highest: 1.1150, 1.1100, 1.1050. Support levels, from the nearest: 1.0950, 1.0900, 1.0850. The bar at the left is the one you entered.
The floor traders’ version: the pivot is the plain average of the high, the low and the close, and each further level steps away from it by amounts taken from the same bar.
| Level | Formula | Price |
|---|---|---|
| R3 | H + 2(P − L) | 1.1150 |
| R2 | P + (H − L) | 1.1100 |
| R1 | 2P − L | 1.1050 |
| P | (H + L + C) ÷ 3 | 1.1000 |
| S1 | 2P − H | 1.0950 |
| S2 | P − (H − L) | 1.0900 |
| S3 | L − 2(H − P) | 1.0850 |
R is a resistance level, above the pivot; S is a support level, below it; P is the pivot. H, L and C are the high, low and close you entered.
SimulationA calculation on the figures you entered. Pivot levels are arithmetic on one past bar: a convention many traders watch, not a forecast. Educational information, not investment advice or a recommendation to trade.
In plain language
A pivot point is an average of one finished bar: its high, its low and its close, added together and divided by three. The support and resistance levels are that average pushed up and down by amounts taken from the same bar. Nothing else goes in. Two people who start from the same bar get the same seven lines.
The method comes from exchange floors, where the levels for the day could be worked out by hand before the opening. The variants change the recipe a little. The Fibonacci version spaces the levels at 38.2%, 61.8% and 100% of the bar’s range; Woodie’s counts the close twice; Camarilla measures from the close and keeps the levels close to it.
Pivot levels are arithmetic on one past bar: a convention many traders watch, not a forecast. If a price pauses near one, part of the reason may simply be that many people have the same line on their screens. The calculation itself knows nothing about what happens next.
The choice of bar matters more than the choice of formula. A day’s high, low and close depend on when the platform’s day begins and ends, so the same market can show different daily pivots on two platforms.
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