Pivot Points Calculator
Forex Broker Inc offers traders this tool in order to calculate pivot points for an investment security that has a high, low and close price at any time period. A pivot point is a significant price level in technical analysis of the financial market. Traders use pivot points as indicators to predict market movement. It helps a trader determine if the market sentiment will move towards an uptrend or downtrend.
If the market in a specific period trades above the pivot point, it is considered a bullish sentiment. If the market trades below the pivot point, it is considered a bearish sentiment.