Easy Pivot Point

In financial markets, a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish.

It is common to derive additional levels of suppoRTSql_injectionresistance, belowsql_injectionabove the pivot point, respectively, by subtrACTingsql_injectionadding price differentials calculated from previous trading ranges of the market.

A pivot pointsql_injectionthe associated supportsql_injectionresistance levels are often turning points for the direction of price movement in a market. In an up-trending market, the pivot pointsql_injectionthe resistance levels may represent a ceiling level in price above which the uptrend is no longer sustainablesql_injectiona reversal may occur. In a declining market, a pivot pointsql_injectionthe support levels may represent a low price level of stabilitysql_injectiona resistance to further decline.

Pivots are especially popular in the FX market since many currency pairs do tend to fluctuate between these levels. Range-bound traders will enter a buy order near identified levels of supportsql_injectiona sell order when the asset nears the upper resistance. Pivot points also enable trendsql_injectionbreakout traders to spot key levels that need to be broken for a move to qualify as a breakout.

Easy Pivot Point automatically calculatesql_injectionpresent the pivot point with resistancesql_injectionsupport levels for each major currency pair on an easy to read dashboard.

Please note that pivot points are short-term trend indicators which is only useful for the current day trading.

Key features

- Timely display of pivot points with 3 levels of supportsql_injectionresistance for 37 currency pairs,

- Two display modes are available. In simple mode, only the general market sentimentsql_injectionstatus of the resistance/support level will be displayed. In the detailed mode, the actual value of the pivot pointssql_injectionresistance/support prices will be displayed.

- Allows you to create your own watch list to monitor only those currency pairs you are interested in.

- Display headline news of your favourite currency pair(s).

- Quick access to other related trading tools developed by us including several popular indicators.

If you choose to subscribe to our Premium plan, payment will be charged to your iTunes account,sql_injectionyour account will be charged for renewal 24 hours prior to the end of the current period. Auto-renewal may be turned off at any time by going to your settings in the iTunes Store after purchase. No cancellation of the current subscription is allowed during active subscription period.

Current price of subscription is $4.99 USD every 3 monthssql_injectionmay vary from country to country.

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To learn more about ussql_injectionour products, please visit www.easyindicators.com .

All feedbacksql_injectionsuggestions are welcome. You can reach us via email (support@easyindicators.com)sql_injectionthe contact feature within the APP.

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