## Pivot Point Calculator

Before we start I should point out that while looking for an effective trading *Pivot Point Calculator*, the only one that had any lasting ‘positive’ impact on my trading was the Traders __Pivot Point Calculator__

S0 where does the Pivot Point Calculator originate from?

A Pivot Point Calculator uses a mathematical method which was first devised by Henry Chase somewhere around the 1930s. So using a pivot point calculator as some sort of trading method has been around for a very long time. It was originally used by floor traders. Many of those floor traders needed a way to gauge how the current day’s market was developing. Every working day the particular marketplace you happen to be following has an open, high, low and a close for the day. This information contains essentially all of the data a trader would need to calculate the pivot points. Hence the Pivot Point Calculator was born.

## Pivot Point Calculator In Action?

A Pivot point is the ‘price’ level at which the market fluctuates for the day. So by using a mathematical formula ( the prior days high, low and close ) a new set/range of resistance and support ‘pivot point’ levels can be produced.The pivot level, support and resistance values computed via that, can be jointly identified as pivot points. The Pivot Point Calculator shows results by showing levels where support and resistance. These levels can become a significant.

So basically the pivot point calculator shows…

- levels which can help to work where to enter or exit a trade.
- will help to validate other technical indicators.
- show support and resistance or specific highs and also lows of trading sessions.

## Pivot Point Calculator – Used By The Professional Traders?

The reason pivot points created by a pivot point calculator tend to be so well-liked is that they are usually predictive as in contrast to lagging. Therefore they’re classed as a leading indicator.You use the information taken from the previous day to calculator the possible turning points to the present day you’re about to trade.

Because so many traders use the Pivot Point Calculator you will find that the market does respond in some way at these levels. In other words when price touches a pivot point, it may either bounce from it’s support or resistance price level or it could simply ignore it and price would move past it.

If the price does move past and through a Pivot Point Calculator support or resistance level, then a trader could enter the market based on the fact that the price (statistically) will continue to higher (if a resistance pivot point level has been broken) or drop (if a support levels has been broken) past the price shown by a Pivot Point Calculator.

There are 7 lines associated with a Pivot Point Calculator. A central line which is called the pivot point. Then there are 3 lines above for resistance price levels. Then there are 3 lines below which are the support levels. Once these pivot point lines are calculated you can then start to test them to see how the market reacts at those levels.

The Pivot Point Calculator shows three resistance levels and three support levels.

The Pivot Point Calculator Resistance levels are in order of importance…

- Resistance level 3 is the strongest level
- Resistance level 2 is the stronger level
- Resistance level 1 is a strong level

The Pivot Point Calculator Support levels in order of importance…

- Support Level 1 is a strong level
- Support Level 2 is the stronger level
- Support Level 3 is the strongest level

A pivot point calculator also shows the actual pivot point, which is the strongest of the support and resistance levels. The reason is that prices tend trade above or below this price level before breaking into one direction or the other. A general guide is that if the market opens above a pivot point, then you would be a buyer on the dips. And if the market opened below a pivot point, then you would be a seller on rallies.

## The Pivot Point Calculator – Summing Up

Using a Pivot Point Calculator to show those support and resistance points can help you to identify future entry price levels and also the logical stop loss level for your trade. It’s also very easy to get the information to use in the pivot point calculator.They stay in place for the duration of the days trading. This means that it’s relatively easy to create a trading plan using just the pivot point levels created by a ‘good’ pivot point calculator.

All you have to do now is find a charting system that allows you to program the lines you want to use. And there is none better than the Traders Pivot Point Calculator software. It uses multiple calculations for different types of pivot points. Far superior to the old floor trader’s method.

## Traders Pivot Point Calculator & More

While I was at the Traders Pivot Point Calculator web site to do a bit or research for my blog post, I did see that they are giving away WD Gann’s ‘How To Trade’. This is because they have incorporated Gann’s mathematical formula into their Pivot Point Calculator. This shows the turning points based on Gann’s original formula.I don’t know how long this will last, so if you’re curious to learn more about the Traders Pivot Point Calculator or want to try it for yourself, then simply go to the following link – Pivot Point Calculator Official Site. They have a great customer service, anytime I had a question about the Pivot Point Calculator software and trading in general, they always replied promptly with very helpful answers.

### Click Here To Download The Traders Pivot Point Calculator From The Official Site

I received an email only last month about the Traders Pivot Point Calculator software that I thought I should share with you. Alex stated that the manual that comes with the software taught him more than the trading seminar he attended, which cost him a couple of thousand to attend. He says he’s made more in roads to profitable trading than all the books he’s purchased up to now.

I think I should point out that there is actually a trading course which comes with the Traders Pivot Point Calculator which is absolutely brilliant. It really does open your eyes to how real trading is done. It’s clear that the Traders Pivot Point Calculator works. So I do hope you take my advice and give it a try. It’s so much better than spending money on expensive trading software or seminars. **Give the Traders Pivot Point Calculator a try and see for yourself:)**