To use the Pivot Point Calculator, simply enter the previous days Open, Close, High and Low prices into the relevant text boxes and press the Calculate button. You will then get the Pivot Point, and Support and Resistance levels for the days trading.

You can read our Pivot Points Article if you would like to know a little bit more about Pivot Points.

To use the Downloadable Pivot Point Calculator, you need to be running Microsoft Windows with the MS .Net Framework 2.0. You can download the MS .Net Framework 2.0 here if you do not have it.

Please leave any comments and suggestions for the calculator.

Download Pivot Point Calculator Here.

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Even though it is not yet live, you can register to be notified of when it will begin service.

If you are one of the many traders who have been using our Online Pivot Point Calculator or have downloaded our Free Pivot Point Calculator, then you should consider registering for the new forthcoming service Pivot Points Daily.

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The Pivot Point Calculator is very simple to use.

To start, you need to retrieve the OHLC (Open, High, Low, Close) prices of the financial instruments last day of trading.

Then type these prices into the relevant boxes on the Pivot Point Calculator, and then simply hit the Calculate Pivot Points button.

You will then be given the Pivot Point and support and resistance values.

Click Online Pivot Point Calculator to start using the calculator now.

Also, remember to take a look at the recent Pivot Points article if you want to refresh your memory.

You can also sign up for our newsletter to be notified of any modifications … I’d eventually like the Pivot Point Calculator to automatically retrieve the previous days prices for any stock symbol that you type into a text box. But that’s for another day.

Update : We now also have an Online Compound Interest Calculator that is free to use to. You can check it out here.

UPDATE : You can now download the free Pivot Point Calculator Software here.

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In fact, the nature of Pivot Points would probably dictate that they would only be of any real use to the day trader as they are dependant upon the previous days prices and are therefore good for only 1 day of trading.

Pivot Points work by indicating points of support and resistance for the price of a financial instrument that is being traded.

When the price reaches a pivot point, it will either bounce back from it (indicating support or resistance) or continue beyond it.

If the price continues beyond the Pivot Point, then the trader can enter the market with the knowledge that the price will statistically continue to rise or fall beyond the price indicated by the Pivot Point.

So how do we work out how to find where the Pivot Points occur? Well there are several calculations for calculating the price of Pivot Points, one of the most common being:

R2 = P + (H – L) = P + (R1 – S1)
R1 = (P x 2) – L
P = (H + L + C) / 3
S1 = (P x 2) – H
S2 = P – (H – L) = P – (R1 – S1)

Where:
P = Pivot Point
R1 = 1st Resistance Level
R2 = 2nd Resistance Level
S1 = 1st Support Level
S2 = 2nd Support Level
H = Previous Days High
L = Previous Days Low
C = Previous Days Close

So the Pivot, Resistance and Support lines can now be plotted onto the day trading chart and acted upon when the price reaches them.

If you are thinking of giving Pivot Points a try, be sure to test and plan how you are going to use them before implementing them into your trading.

UPDATE : You can now use the free Online Pivot Point Calculator here.

UPDATE : You can now download the free Pivot Point Calculator Software here.

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