INDICATOR

Pivot Points Standard

Standard

Pivot Points Standard – FX Replay

The Pivot Points Standard Indicator on FX Replay helps you quickly identify key support and resistance levels for potential reversals and trend continuation setups.

How it works:

Central Pivot Point (PP):
Calculated as the average of the previous high, low, and close
Formula: PP = (High + Low + Close) / 3

Support & Resistance Levels:

  • R1 = (PP × 2) – Low
  • S1 = (PP × 2) – High
  • R2 = PP + (High – Low)
  • S2 = PP – (High – Low)
  • R3 / S3 = PP ± 2 × (High – Low)

How to Trade with It:

  • Price above PP → Potential uptrend → Target R1, R2, or R3
  • Price below PP → Potential downtrend → Target S1, S2, or S3
  • Use bounce or break confirmation around pivot levels for trade entries

Why it's useful in FX Replay:

  • When replaying price action, pivot levels offer predefined structure to evaluate reaction zones
  • Combine with FX Replay’s trade placement tools to simulate and refine setups