Floor Pivots

Floor Pivots is the definitive clean build of floor pivots, the classic pivot ladder handed down from exchange floors: P averages the prior period's high, low and close, R1 and S1 reflect the prior extremes through it, R2 and S2 sit a full prior range out, and R3 and S3 cap the ladder under a selectable formula. Every level computes once per period from finished data — nothing repaints intraperiod — and each set draws as its own flat segment, breaking cleanly at the roll.

How to Trade the Floor Pivots?

• Above P: bias leans long while the pivot holds as support; below P the lean flips. Both crosses fire alerts.
• R1 / S1: the first fade references in rotational trade — a one-sided push beyond either is the range trader's cue to quit fading.
• R2 / S2: the second tier, one full prior range from the pivot; closes above R2 or below S2 fire their own alerts.
• R3 / S3: the outermost rungs; closes walking the ladder tier by tier are the signature of a trend session.

Floor Pivots Settings

• Anchor Period (default Daily): which finished period's high, low and close feed the formulas, with Weekly, Monthly and Yearly serving higher-timeframe context. On 24-hour markets the feed's day boundary shifts every level.
• R3 / S3 Formula (default Classic): Classic computes R3 = H + 2 × (P − L) and S3 = L − 2 × (H − P); Range Multiple places both two full ranges from P. Lower tiers are identical under both.
• Pivot (P), R1 / S1, R2 / S2, R3 / S3 (all default on): per-tier visibility toggles.
• Level Labels (default on) and Line Width (default 1) handle the drawing itself.

Frequently Asked Questions

What changes between floor pivots and Fibonacci pivots?

The central average is shared; the satellites differ. Floor formulas reflect the prior high and low through P — a period that closed off-center produces an asymmetric ladder — while the Fibonacci set spaces symmetric 38.2%, 61.8% and 100% fractions of the prior range.

Which anchor period fits which style?

Daily pivots are the intraday standard, giving fresh levels every session. Weekly and monthly sets suit swing charts; the yearly ladder provides slow context levels. Keep the anchor at or above the chart timeframe; an on-chart notice flags a mismatch.

Why is there a choice of R3 / S3 formulas?

Third-tier definitions genuinely vary by source, and the two formulas put the outer rungs at different prices — the symmetric Range Multiple ladder runs a step wider than Classic. Exposing both means the outer rungs can match whichever reference you reconcile against, without touching P, R1/S1 or R2/S2.