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If you prefer to calculate the pivot points yourself, here are the formulas you need: Resistance 3 High 2(Pivot - Low) Resistance 2 Pivot (R1 - S1) Resistance 1 2 Pivot - Low Pivot Point ( High Close Low )3 Support 1 2 Pivot - High Support 2 Pivot - (R1 - S1) Support 3 Low - 2(High - Pivot) As you can see from the above formulas, just by having the previous day's high, low and frading prices, you eventually end up with 7 points: 3 resistance levels, 3 support levels and the actual pivot point.
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