Fibonacci Pivot Point levels calculator
Calculates Fibonacci Retracement based pivot support and resistance levels to trade in any financial instrument of the Stock, Commodity or Forex market.
You can get 0.382, 0.618 and 100% pivot point retracement value with the most reliable Fibonacci method based pivot calculator. The value of retracement pivot calculate on the basis of high to low range.
Formula includes in the Fibonacci Pivot Calculator.
Calculation of Resistance Levels
- R1= CLOSE + (HIGH - LOW)* 38.2%
- R2= CLOSE + (HIGH - LOW)* 50%
- R3= CLOSE + (HIGH - LOW)* 61.8%
- R4= CLOSE + (HIGH - LOW)* 100%
Pivot Point:
- Pivot Point= (HIGH+LOW+CLOSE)/3
Calculation of Support Levels
- S1= CLOSE - (HIGH - LOW)* 38.2%
- S2= CLOSE - (HIGH - LOW)* 50%
- S3= CLOSE - (HIGH - LOW)* 61.8%
- S4= CLOSE - (HIGH - LOW)* 100%
Where R stands for Resistance and S for Support.
You can also check camarilla pivot calculator based on camarilla trading range from L4 to H4.
