Pivot Points

Pivot Points projects the original floor-trader ladder of pivot points onto the current period: the central pivot averages the prior period's high, low and close, and up to three resistance and support rungs reflect around it. Each new day, week or month freezes the elapsed ladder into history and draws a fresh one, so the chart keeps a visible record of how price treated past projections — not just today's lines.

How to Trade the Pivot Points?

• Price above or below PP: the standard session lean — above the central pivot favors the long side of the ladder, below it the short side. Crossing alerts cover both directions.
• First test of a rung: the initial touch of PP, R1 or S1 each period is the cleanest reaction point, before the level has been chewed through; dedicated first-test alerts mark them.
• Rung crosses: alerts fire on closes through every rung out to R3/S3, with crossings on the re-anchoring bar ignored since those come from the level jump, not a price move.

Past ladders (Periods Shown) are the built-in review tool: scan how recent periods respected their projected levels before leaning on today's.

Pivot Points Settings

• Anchor Period (default Auto): the prior period the ladder is computed from — Auto picks Daily on intraday charts, Weekly on daily, Monthly above that. Longer anchors move slower.
• Support/Resistance Rungs (default 3): rungs reflected around the central pivot, from R1/S1 out to R3/S3.
• Periods Shown (default 5): anchor periods, current included, whose ladders stay on the chart.
• Show Labels and Show Prices in Labels (both on), plus line style, color and width controls for the pivot and the rungs.

Frequently Asked Questions

Why do my levels differ from another feed?

The ladder is computed from the chart's session data, so a 24-hour feed and a regular-hours feed produce different prior highs, lows and closes — and different pivots — on the same futures or forex symbol. Neither is wrong; they describe different sessions.

How does this ladder differ from Fibonacci pivots?

Both start from the same prior-period inputs; the arithmetic differs. Fibonacci Pivots derive their rungs by applying Fibonacci ratios to the prior range, while this build uses the classic reflection formulas. Levels land close together but rarely coincide.

Which anchor period should I use?

Auto keeps the ladder one natural step above your chart. Choose Daily, Weekly or Monthly explicitly when you want the same reference on every timeframe you view — the anchor must simply sit above the chart timeframe.