Forex Pivot Points Free Download

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File Size: 143 KB
OS: Windows
License: Free
Price: $n/a
Publisher: Forex Software
Homepage: #

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Forex Pivot Points Description

Forex Pivot Points is a freeware offline Pivot Points calculator.
A pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa. They work simply because many individual forex traders and investors, as well as bank and institutional traders use and trust them. It is known to every trader that the pivot point is an important measure of any market's strength and weakness.
Floor traders love pivot points. They act as magnets for price movements. If you observe how price moves during any trading session, you'll notice that it often stalls or STOPS at pivot points before resuming its movement.
To calculate daily pivot points you need the High, Low, and Close Price of the previous day. Simply set these three prices in the Forex Pivot Point Calculator and it will give you the values.

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