PivotsInput

Documentation / @elitechart/indicators / PivotsInput

Classic (Floor) Pivot Points — computed from the previous session's HLC.

code

pivot = (prevHigh + prevLow + prevClose) / 3
r1    = 2 · pivot − prevLow
s1    = 2 · pivot − prevHigh
r2    = pivot + (prevHigh − prevLow)
s2    = pivot − (prevHigh − prevLow)
r3    = prevHigh + 2 · (pivot − prevLow)
s3    = prevLow  − 2 · (prevHigh − pivot)

The caller supplies the previous session's HLC (floor pivots are daily by convention but the math is agnostic to the aggregation window).

Reference

Person, "A Complete Guide to Technical Trading Tactics" (2004).

Example

code

const p = pivots({ prevHigh, prevLow, prevClose });

Properties

prevClose

code

readonly prevClose: number;

Defined in: pivots.ts:25

prevHigh

code

readonly prevHigh: number;

Defined in: pivots.ts:23

prevLow

code

readonly prevLow: number;

Defined in: pivots.ts:24