← All indicators and concepts

Pivot points

Yesterday's high, low and close turned into three levels.

The middle is (high + low + close) ÷ 3 of the previous candle; the upper and lower are its mirror levels. On a daily chart these are the classic day pivots many traders watch.

In TradeXtool

Entry: Price close crosses above Pivot points upper.

Watch out

They work because people watch them, not because of anything in the market itself.

No indicator predicts the market on its own. Build the rule, then test it on years of history with fees included. Try TradeXtool free for 14 days.