Currency Converter
To calculate the pivot points, resistances, supports and Middle values enter the previous period High, low and Close prices.
Formulas
Classic Formulas
- Pivot = ( High + Close + Low ) / 3
- R1 = 2 * Pivot - Low - Normal Trading Range
- S1 = 2 * Pivot - High - For The Next Period
- R2 = Pivot + (Resistance1 - Support1) - Extreme Trading Range
- S2 = Pivot - (Resistance1 - Support1)
- R3 = High + 2*(Pivot - Low)
- S3 = Low - 2*(High - Pivot)
- M5 = (R2+R3)/2;
- M4 = (R1+R2)/2;
- M3 = (P+R1)/2;
- M2 = (P+S1)/2;
- M1 = (S1+S2)/2;
- M0 = (S2+S3)/2;
