Classic Daily Pivot

Automatic shift classical fluorescent pivot (classic daily pivot) GMT 0.

The calculation formula is:

• Pivot = (YHigh + YLow + YClose) / 3


• R1 = Pivot * 2 - YLow


• R2 = Pivot + YHigh - YLow


• R3 = Pivot * 2 + YHigh - YLow * 2;


• S1 = Pivot * 2 - YHigh;  


• S2 = Pivot - (YHigh - YLow);


• S3 = Pivot * 2 - (YHigh * 2 - YLow)

R - Resistance (Resistance), S - Support (support), YHigh - Yesterday High (yesterday's high), YLow - Yesterday Low (yesterday's low), YClose - Yesterday Close (yesterday's closing price).