Last week – I had a short position at SP500 futures. Trade was going fine for a few days but the price hit weekly S2 support line. There was a clear bounce from that S2. I didn’t like it because in the last few weeks weekly pivot points worked like magic (as pivots sometimes do […]
Download RSI, MACD, CCI divergence indicators for Metatrader 4: Download divergence indicators I’ll send divergence indicators to your email! Subscribe to newsletter and get divergence indicator in first message. Newsletter is free and you can unsubscribe at any time. BUT… If you stay subscribed, you will learn how to trade better with Pivot Points. For […]
Download Price pattern indicator – candlestick pattern indicator script here: Download Price pattern indicator I’ll send Price pattern indicator to your email! Subscribe to newsletter and get Price Pattern indicator in first message. Newsletter is free and you can unsubscribe at any time. BUT… If you stay subscribed, you will learn how to trade better […]
In this section you can download volume weighted moving average – vwma indicator for MetaTrader4 (mt4): Download volume weighted moving average – vwma indicator Volume weighted moving average -> up to speed: VWAP and MVWAP are trading tools that take into account volume to provide a more accurate snapshot of price action. VWAP is the […]
In this section you can download xb4 indicator for MetaTrader4 (mt4): Download xb4 indicator xb4 indicator -> up to speed: XB4 is a straightforward and simple-to-use indicator, made of a histogram akin to the MACD. It forms a separate window at the bottom of the chart pattern, and is divided into two by a 0-level […]
In this section you can download zero lag macd indicator for MetaTrader4 (mt4): Download zero lag macd indicator Zero lag macd indicator -> up to speed: The ZeroLag MACD is a technical forex trend trading tool for MetaTrader platforms which generates potential trend alerts to determine both intraday and long-term trading opportunities. Newbie trend-following traders […]
In this section you can download zig zag 2 indicator for MetaTrader4 (mt4): Download zig zag 2 indicator Zig zag 2 indicator -> up to speed: The Zig Zag indicator is used to help identify price trends. It eliminates random price fluctuations and attempts to show trend changes. Zig Zag lines only appear when there […]
In this section you can download trend direction force indicator (tdfi) for MetaTrader4 (mt4): Download trend direction force indicator (tdfi) Trend direction force indicator -> up to speed: The Trend Direction Force Index Indicator is a simple yet flexible tool that can be applied to all kinds of forex currency pair charts to define the […]
In this section you can download trend focus indicator for MetaTrader4 (mt4): Download trend focus indicator Trend focus indicator -> up to speed: The Trend Focus indicator is a lagging tool that works best when the Period1 value is 20. The indicator does not have a redrawing, which allows you to be sure that the […]
In this section you can download trend master indicator for MetaTrader4 (mt4): Download trend master indicator Quick overview The Trend Master Indicator is a simple MT4 indicator that points out the direction of the price trend by demonstrating blue and red arrows. The red arrow suggests that the current trend is downwards, while the blue […]
The site is dedicated to pivot point trading.
What is pivot point trading? It is a technique developed by American traders back in the 80s. It is based on data from the previous candle. So if we are dealing with a daily pivot point, it is based on the data from the previous day, specifically on:
Whatever follows is calculated according to this mathematical formula.
The result is horizontal lines. The middle line is a pivot line. Above the pivot line we have the resistance lines - R. They are numbered R1, R2, R3, and so on. Below the pivot line we have support lines - S. They are also numbered consecutively - S1, S2, S3 and so on.
Most often the price moves between the S2 and R2 lines. It rarely exceeds the level of the third line.
We have pivot levels based on different time frames like:
The most popular are the daily pivot points, but the rest of the above also apply to appropriate strategies.
OK is maybe a few words what you will find on the site, who the author is and why you should consider signing up for the newsletter.
On the site you will find tutorials on how to use pivot points in your trading. There are some materials on the Internet that teach the basics of trading with the help of pivots. However, there is a lack of advanced materials showing how to use pivot points in practice. Especially when it comes to using higher pivot levels like weekly or monthly. This is one of the reasons why pivot-point-trading.com was created.
You will find here both the mentioned educational materials, tutorials as well as news and shorter analyses.
The purpose of the site is NOT to provide investment recommendations. As I mentioned, the website was created so that you could learn how to use pivot levels and make better investment decisions on your own.
First of all remember that this is a tool that informs you about potential support and resistance levels. You can use this information in several ways like:
These are obviously simple examples, there are more possibilities.
But everything depends on your strategy. It should specify your behavior if the price reaches a certain level. Also pivot points are important information here, but the results will be determined by your trading plan.
By using pivot levels you can strongly increase the effectiveness of your strategy. These levels are used by big players as well as by trading robots. They are therefore very often respected. It is up to you to build a trading plan that will use it effectively.
On the website you will also find a newsletter about Pivot Point. It is free and I usually send 1-2 emails a week. They are of course related to Pivot Point topics. I share there short tips and tips as well as inform about the news on the blog and recommend other valuable materials. As I mentioned, it is free and the emphasis is on education. I try to create one of the best newsletters on the market and I sincerely encourage you to join!
The author of the blog is Simon David. Retail trader with years of experience on the market. Pivot point is my passion and I am happy to share it with other traders and teach them how to effectively use pivot point in trading on different markets. If you want to learn more about me please visit About me here.
Below are some of the most common questions. If you have any other questions, please feel free to ask them in your comments or write directly to me. You will find the contact form in the top menu!
You can generally use a pivot point for two things. First one is to close the position. You choose the best points to close a position (and take profit) based on pivot levels. Second - opening a position. You see that the price bounces off a given level with pivot lines and you see a chance to move in the opposite direction and open a position.
Yes, if you are a day trader you can use daily pivot point levels. They will work best here because they are used by traders in large institutions and by trading robots. Note that quite often outside of the standard S and R lines, M lines can act as a place of support and resistance.
Yes, I can. If you are a trader who likes to keep positions open for a few days, weeks or even months then instead of daily Pivot Point lines you can use weekly Pivot Point or monthly Pivot Point. These are perfect for swing trading strategies.
Pivot Points are such a great tool because they work on every market. You can use them successfully in stock trading, Forex market, commodities market and others.
For most investors, especially those who use Pivot Point for the first time, the best choice will be using Classic Pivot Point. They are most often used by both investment firms and trading robots. Therefore it will be the best choice.
Many platforms like TradingView and others have a built-in Pivot Point. However it happens that popular platforms like Metatrader4 do not have Pivot Point built in. Don't worry. You should easily find scripts created by others, usually free. Just look for the pivot point indicator for {name of your trading platform}. You should easily find the right pivot point indicator for your software.
