# Pivot Point Calculator Online

The Pivot Point Calculator provides computations for four distinct Pivot Point categories: Floor Pivot Points, Woodies Pivot Points, Camarilla Pivot Points, and DeMarks Pivot Points. Each category entails the calculation of four resistance and support levels, with values derived from high, low, close, and open prices (specifically for DeMarks Pivot Points).

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## What is the Pivot Point Calculator?

The Pivot Point Calculator is a valuable tool used in financial and technical analysis to assist traders and investors in identifying key price levels that can serve as significant points of support and resistance in various markets, particularly in the context of stock, commodity, and foreign exchange (forex) trading. Here are more details about the Pivot Point Calculator:

1. Types of Pivot Points: The Pivot Point Calculator typically calculates several types of pivot points. The most common types include:

• Floor Pivot Points: These are the classic pivot points, which comprise the central pivot point, support levels, and resistance levels.

• Woodies Pivot Points: Named after the trader Ken Wood, these pivot points use the previous day’s high, low, and close prices to calculate pivot levels.

• Camarilla Pivot Points: This method focuses on calculating support and resistance levels based on the previous day’s range, primarily the high and low prices.

• DeMarks Pivot Points: These pivot points are based on a unique formula that considers a combination of the open, high, low, and close prices.

2. Calculation Method: The Pivot Point Calculator uses specific mathematical formulas for each pivot point type to determine these key levels. The formulas take into account various price parameters, including the high, low, close, and open prices, depending on the chosen pivot point type.

3. Support and Resistance Levels: For each pivot point type, the calculator generates four levels of support and resistance. These levels are significant price points that traders use to make trading decisions. They help identify potential entry and exit points for trades and are valuable for setting stop-loss and take-profit orders.

5. Historical Data: To calculate pivot points accurately, historical price data is required, usually based on the previous trading day’s information. Traders input this data into the calculator, and it generates the pivot points and associated support and resistance levels.

6. Trading Strategy: Pivot points can be integrated into a trading strategy, serving as reference points for traders to determine potential entry and exit points. Traders may use pivot points in conjunction with other technical indicators and analysis techniques to make informed trading decisions.

7. Real-time Tools: In modern trading platforms and software, pivot point calculators are often integrated, allowing traders to access real-time calculations and visual representations of pivot points, making it easier to apply them in their trading strategies.

8. Customization: Depending on the specific trading software or tool being used, traders can often customize the parameters and preferences for their pivot point calculations, tailoring them to their trading style and preferences.

In summary, the Pivot Point Calculator is a versatile tool used in the financial markets to determine key support and resistance levels, providing traders with valuable reference points for making trading decisions and managing risk. Different pivot point types offer varying perspectives on market dynamics, and traders can choose the one that best aligns with their trading strategy.

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