Pivot Points (Classic)

Category: market_structure

Prior-period H/L/C projected support/resistance levels; fixed for the whole session.

Formula

P = (H+L+C)/3; R1 = 2P−L; S1 = 2P−H; R2 = P+(H−L); S2 = P−(H−L)

See signal primitives and every published strategy that uses Pivot Points (Classic) on WOBR StrategyVerse.