All Pivot Calculator 2.6.2
Continue to app
Free Version
Publisher Description
All Pivot Calculator - Pivot Fibonacci calculator identify support/resistance predict market movement
Pivot calculators are useful tools that traders use to help identify potential areas of support and resistance. By using pivot points, traders can better understand the overall market trend, as well as potential entry and exit points for trades. In this article, we will explore the different types of pivot calculators available, including the Standard Pivot Calculator, Fibonacci Pivot Calculator, Woodie Pivot Calculator, Camarilla Pivot Calculator, and DeMark Pivot Calculator.
Standard Pivot Calculator
The Standard Pivot Calculator is the most commonly used type of pivot calculator. It is based on the previous day's high, low, and closing prices, and uses a simple mathematical formula to calculate support and resistance levels. The formula is as follows:
Pivot Point (PP) = (High + Low + Close) / 3
Support 1 (S1) = (2 x PP) - High
Support 2 (S2) = PP - (High - Low)
Resistance 1 (R1) = (2 x PP) - Low
Resistance 2 (R2) = PP + (High - Low)
The Pivot Point represents the overall market trend, with Support and Resistance levels representing potential areas where the trend may change direction. Support 1 and Resistance 1 are considered to be the most important levels, while Support 2 and Resistance 2 are considered to be less significant.
Fibonacci Pivot Calculator
The Fibonacci Pivot Calculator is a variation of the Standard Pivot Calculator, but instead of using a simple mathematical formula, it uses the Fibonacci sequence to calculate support and resistance levels. The Fibonacci sequence is a series of numbers in which each number is the sum of the two preceding numbers. The sequence starts with 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, and so on.
To calculate Fibonacci Pivot levels, the high, low, and close prices from the previous day are used, and the Fibonacci sequence is applied to calculate potential support and resistance levels. The formula is as follows:
Pivot Point (PP) = (High + Low + Close) / 3
Support 1 (S1) = PP - 0.382 x (High - Low)
Support 2 (S2) = PP - 0.618 x (High - Low)
Resistance 1 (R1) = PP + 0.382 x (High - Low)
Resistance 2 (R2) = PP + 0.618 x (High - Low)
The Pivot Point is the same as the Standard Pivot Calculator, but the Support and Resistance levels are calculated using the Fibonacci sequence. Support 1 and Resistance 1 are calculated using 0.382, while Support 2 and Resistance 2 are calculated using 0.618.
Woodie Pivot Calculator
The Woodie Pivot Calculator is another variation of the Standard Pivot Calculator, but instead of using the previous day's high, low, and closing prices, it uses the current day's opening price along with the previous day's high, low, and closing prices. The Woodie Pivot Calculator uses a similar formula to the Standard Pivot Calculator, but with some differences.
The Pivot Point is calculated using the previous day's high, low, and closing prices.
Common trading strategy using pivot points:
* If the price opens above the previous session's pivot point (PP), sentiment is bullish
* If the price opens below the previous session's pivot point (PP), sentiment is bearish
* On bullish sentiment, use resistance levels (R1, R2, R3) to close a long position
* On bearish sentiment, use support levels (S1, S2, S3) to cover a short position
* Use a longer pivot time frame than the time frame you are trading in (ex: use monthly or weekly pivots when trading daily charts)
* For intraday trading, use volatility indexes as additional confirmation of sentiment (^VIX, ^VXN)
CONTACT
For questions/issues/suggestions, drop us an email at contact.shubhlaxmi@gmail.com, so we can reply to you
DISCLAIMER:
While there is no reason to believe the calculator is unreliable, no liability is accepted for any errors or inaccuracies. All calculations in this application are based on user inputs and do not reflect any guarantee of earnings, financial savings, tax advantages, or otherwise. The app is not intended to provide investments, legal, tax, or accounting advice.
About All Pivot Calculator
All Pivot Calculator is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops All Pivot Calculator is Shubhlaxmi. The latest version released by its developer is 2.6.2. This app was rated by 2 users of our site and has an average rating of 4.0.
To install All Pivot Calculator on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2023-12-26 and was downloaded 131 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the All Pivot Calculator as malware as malware if the download link to com.shubhlaxmi.pivot.calculator is broken.
How to install All Pivot Calculator on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the All Pivot Calculator is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by All Pivot Calculator will be shown. Click on Accept to continue the process.
- All Pivot Calculator will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
