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# What pivot calculation?

Topic for "What pivot calculation?" question.
to pivot points
opps!!
Thanks
Ben
It looks like they are using the standard formula but using RTH data instead of continuous data:
quote:
PIVOT = (High + Close + Low)/3
R3 = High + 2(Pivot - Low)
R2 = Pivot + (R1 - S1)
R1 = (2*Pivot) - Low
S1 = (2*Pivot) - High
S2 = Pivot - (R1 - S1)
S3 = Low - 2(Hi - Pivot)
The problem I am having with this traders levels
is; he will post the levels saying he is using the
above formula; however; some of his posted pivots
are different than what the formula gives. This was
the reason for my question to you several days ago.
Thanks
Ben
redsixspeed: Do you understand how he gets his numbers now? Can you produce the same numbers as him?
day trading: I am going to compare the #s today 5/21/08
You should be able to plug the RTH numbers into the Pivot Point Calculator and get the same numbers as him.
day trading: yes the #s are correct. The following was my thought process when I ask you about these pivot
(2) if not what else might he be missing
He showed his formula and that cleared it up. However; for me the value area is king
over the pivot points.
Ben

You're very welcome.
day trade: one more question. Do you have archives of the value areas you have posted?

Ben
Just what's on the forum. I don't have a database of value areas. Someone asked me that question recently and I calculated that I'd have to charge \$900 to generate the levels for all days for the ES.