Pivot Points Calculator โ Daily, Weekly & Monthly S/R Levels
Calculate support and resistance levels using Classic, Fibonacci, Woodie, and Camarilla pivot point methods. Enter the previous period High, Low, and Close to generate key price levels.
How to use
Enter the High, Low, and Close prices from the previous trading period. Select your preferred pivot point calculation method to generate support and resistance levels.
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Enter High, Low, and Close prices to generate pivot levels
What Are Pivot Points in Trading?
Pivot points are price levels calculated from the previous period's High, Low, and Close that traders use to identify potential support and resistance zones for the current session. They are widely used by institutional traders, market makers, and retail traders across forex, indices, and commodities.
The Classic pivot point formula is:
Pivot Point Methods Compared
| Method | PP Formula | Levels | Best For |
|---|---|---|---|
| Classic | (H + L + C) รท 3 | S1โS3, R1โR3 | General swing & day trading |
| Fibonacci | (H + L + C) รท 3 | S1โS3, R1โR3 | Technical traders using Fibonacci |
| Woodie | (H + L + 2C) รท 4 | S1โS2, R1โR2 | Short-term intraday traders |
| Camarilla | Close ร 1.1 factor | S1โS4, R1โR4 | Scalpers & intraday reversals |
How to Use Pivot Points in Your Trading
If price is trading above the pivot point, the bias is bullish. Below the pivot point, the bias is bearish. Many traders use the PP as a daily directional filter before entering trades.
Resistance levels (R1, R2, R3) act as upside targets for long trades and potential reversal zones for shorts. Support levels (S1, S2, S3) act as downside targets and potential long entry areas.
Traders often place stop losses just beyond the nearest pivot level. For example, a long entry at S1 would have a stop below S2, limiting risk to the distance between those two levels.
Frequently Asked Questions
How are pivot points calculated?
The Classic pivot point is calculated as PP = (High + Low + Close) / 3 using the previous period's values. Resistance 1 = (2 ร PP) โ Low, and Support 1 = (2 ร PP) โ High. Higher levels (R2, R3, S2, S3) are derived from the PP and the HighโLow range.
Which pivot point method is most accurate?
No single method is universally most accurate โ it depends on your trading style. Classic pivots are the most widely watched by institutional traders, making them self-fulfilling at key levels. Camarilla pivots are preferred by scalpers for tight intraday levels. Fibonacci pivots suit traders already using Fibonacci analysis.
Should I use daily, weekly, or monthly pivot points?
Day traders typically use daily pivots calculated from the prior day's High, Low, and Close. Swing traders use weekly pivots for broader support and resistance zones. Position traders and those looking for major levels use monthly pivots. Higher timeframe pivots carry more weight when price reaches them.
What is the difference between Classic and Woodie pivot points?
Classic pivots weight High, Low, and Close equally: PP = (H + L + C) / 3. Woodie pivots give extra weight to the closing price: PP = (H + L + 2C) / 4. This means Woodie pivots react more strongly to where price closed and are generally preferred by short-term intraday traders.