How to use the Automatic Pivot Point Calculator
- Use the previous session high, low, and close.
- Choose decimal precision that matches the instrument.
- Mark the pivot and support/resistance outputs on your chart.
- Use the levels as context, not as automatic entries.
- Recalculate when the reference session changes.
Formula
P = (High + Low + Close) / 3
R1 = 2P - Low
S1 = 2P - High
R2 = P + (High - Low)
S2 = P - (High - Low)Example
If yesterday high was 1.09240, low was 1.08120, and close was 1.08770, the classic pivot is 1.08710.
What to watch
- Classic pivots are most useful when many traders are watching the same session data.
- Different markets use different session cutoffs, so keep the high/low/close source consistent.
- Pivots do not predict direction. They provide reference levels for reaction and planning.
Frequently asked questions
Which session should I use?+
Most forex traders use the prior daily candle from their broker or charting platform. Consistency matters more than perfection.
Are R3 and S3 targets?+
They are extended reference levels. Treat them as possible reaction zones, not guaranteed destinations.
Why do my broker pivots differ?+
Daily candle close time and decimal rounding can shift the calculation.