Home Featured Submit Link To Us Contact Us




All Programs:

0 1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z # . ! @


All Authors:

0 1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z # . ! @


RSS Feeds:
(Current Category)

RSS Feed for New Releases and Updates New releases & updates

RSS Feed for New Shareware Releases New shareware releases

RSS Feed for New Freeware Releases New freeware releases

RSS Feed for Most Popular Software Most popular software

RSS Feed for Top Rated Software Top rated software

Feeds List in OPML Feeds list in OPML


Home / Business / Investment Tools / Forex Pivot Points 1.0



Forex Pivot Points 1.0

 Download Forex Pivot Points 1.0  

Click to view Forex Pivot Points 1.0 screenshot

Downloads:

84

License / Cost:

Freeware [?]  /  US $0.00

Operating Systems:

Windows 98 Windows Me Windows NT 4 Windows 2000 Windows XP Windows 2003 Server Windows Vista

Size:

144KB

Release Status:

new

Last Updated:

2008-08-20

Install Support:

No Install Support

Additional Requirements:

Microsoft .NET Framework v2.0 or newer

Our Rating:

Not rated yet...

Users Rating:

not rated yet     User Reviews (0)     Write review

Feedback:

Report broken download     Report spyware [?]

Publisher's Description of Forex Pivot Points 1.0

By Forex Software;   All programs by this author

Forex Pivot Points iconForex 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 use and trust them, as well as bank and institutional traders. It is known to every trader that the pivot point is an important measure of strength and weakness of any market.
Floor traders love pivot points. They act as magnet for price movements
If you observe how price move during any trading session, you'll notice that price often stalls or stops at pivot points before resuming its movement. To calculate daily forex pivot points you need High, Low, and Close Price of the previous day. Simply set these three prices in the Forex Pivot Point Calculator and it will give the values.
Here are the used formulas for calculating daily pivot points:
P = (High + Low + Close) / 3;
R1 = 2 * P ? Low;
R2 = P + (R1 - S1);
R3 = High + 2 * (P - Low);
S1 = 2 * P - High;
S2 = P - (R1 - S1);
S3 = Low ? 2 * (High - P)
As you can see from the above formula, just by having the previous day's high, low and close you eventually finish up with 7 points, 3 resistance levels, 3 support levels and the actual pivot point.
If the market opens above the pivot point then the bias for the day is long trades. If the market opens below the pivot point then the bias for the day is for short trades.
The three most important pivot points are R1, S1 and the actual pivot point.
The general idea behind trading pivot points is to look for a reversal or break of R1 or S1. By the time the market reaches R2, R3 or S2, S3 the market will already be overbought or oversold and these levels should be used for exits rather than entries.
Forex Pivot Points calculator is compatible with Microsoft Windows 98/Me/2000/XP/Vista. Net Framework v2 is required to run the program. Free to download, use and distribute - no registration is needed.

Recent Changes: Not Established

Supported Languages: English




10 Latest Releases in Business - Investment Tools

Personal Stock Monitor GOLD iconPersonal Stock Monitor GOLD 8.2.3   (2008-10-22)   new
Quickly Research, Track, Chart & Trade Stock Market Securities.

Personal Stock Streamer iconPersonal Stock Streamer 9.2.3   (2008-10-22)   update
Real-time Stock Tracking with Technical Charts, Trading, and Collaboration

Fund Manager - Professional iconFund Manager - Professional 9.3   (2008-09-24)   update
Portfolio Management for Professional Traders

TrendCatch FX iconTrendCatch FX 4.0   (2008-09-21)   new
TrendCatch compute live trading Trend signals FX spot trading

TrendCatch SP iconTrendCatch SP 7.3   (2008-09-17)   update
TrendCatch SP compute live trading Trend signals for S&P500 E-mini Futures.

Forex Strategy Builder iconForex Strategy Builder 2.6.1.4   (2008-09-04)   update
Free Forex strategy tester, generator, optimizer! Tens of technical indicators.

Smart Ad-Wrapper iconSmart Ad-Wrapper 1.0.7   (2008-09-01)   new
Smart Ad-Wrapper is AdWords keyword editor and adword management utility

Portfolio Manager iconPortfolio Manager 1.5   (2008-08-21)   new
Personal stock portfolio management, tracking and reporting

Forex Fibonacci Levels iconForex Fibonacci Levels 1.0   (2008-08-20)   new
A free offline forex fibonacci calculator.

Forex Pivot Points iconForex Pivot Points 1.0   (2008-08-20)   new
A free offline forex pivot points calculator.



Malwarebytes' Anti-Malware iconMalwarebytes' Anti-Malware 1.30: Removes even the most stubborn malware

Spybot - Search & Destroy iconSpybot - Search & Destroy 1.6.2: Searches for and removes ad- and spyware

FreeFixer iconFreeFixer 0.27: General purpose removal tool aimed to delete adware, spyware, rootkits, etc.

Home | Featured | Submit | Link To Us | Contact Us | FAQ | About Us | Advertise