Free Pivot-Points Calculator for Forex traders (No adds No Banner)

If you are a Forex Trader, I believe that you are already know about what the pivot-points is and how it can help us to identify support and resistant levels in our trade. In order to identify this particular lines/points on the chart, we need to do 7 calculations to identify 3 support level, 3 resistant levels and a pivot point which is the main reference line. Some traders even do more calculation to determine
the extra 4 intermediate levels or better known as M1, M2, M3 and M4 levels. As we are not born to be an accountant or a so called math's genius, the calculation could take a long time to be completed and even possibly generate some error. And by that time, you might missed the biggest rides of the day! So, to make humans life more easier, I have created a Pivot-Points Calculator using Macromedia Flash 8 and you can download it for free now from this blog. Be happy that I forgot to put some adds, banner or limitation of usage on it.. haha..

This program has been simplified based on this formulas;


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)

Now, you can finish all this complex calculations with no major error in a blink. All you need to do is to define the High, Low and Close price of the previous day trading session and put it into the input box then press the calculate button and you're done! It's that simple. I'm not a programmer but if you found any flaws while using this program, please let me know. Kindly post your problem here or mail me via YM(Located on th right navigation of this site).I'll try fix it. Thanks and wish you all the best in every trading.



Download : Pivot-Points Calculator Beta .exe(compressed) [1.09 MB]
Downlaod : Pivot-Points Calculator Beta .swf [9.31kb]

*Adobe Flash Player is required for the .swf file


You can also put this calculator in your website/blog/myspace/friendster if you want to!!

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