How are the Daily Pivot Points on your site calculated?
I use the most common way of calculating daily pivot points:
R3 = (high + 2 x (pivot point – low))
R2 = (pivot point + (R1-S1)
R1= (2 x pivot point – low)
pivot point = (high + close + low) / 3
S1 = (2 x pivot point – high)
S2 = (pivot point – (R1 – S1))
S3 = (low – 2 x (high – pivot point))
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