Classic PP calculation
I've been trading for 11 years and have not seen your formula for classic computation.
The one I've been using agrees with yours for R1 and S1 but that's all.
My R2 and S2 are: PP+2x[PP-Low] and PP-2x[H-PP]
Please shed some light on this discrepancy !!!!
Paul
The one I've been using agrees with yours for R1 and S1 but that's all.
My R2 and S2 are: PP+2x[PP-Low] and PP-2x[H-PP]
Please shed some light on this discrepancy !!!!
Paul
There are many ways to calculate pivot points. The classic is just the most common of all of them and was the original floor pivot calculation used in the pits.
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