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As pivot points estimate future support or resistance levels, they are considered to be leading indicators. Also known as floor trader pivots, these are key technical levels that are calculated using an instruments previous high, low and closing price. Daily pivot levels use the parameters of the previous days trading range in their calculation.
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cTrader is an intuitive and easy-to-use platform with advanced order capabilities and customisation. Why choose cTrader? cTrader is an intuitive and easy-to-use platform with advanced trading capabilities such as fast entry and execution and coding customisation, as well as plenty of education and analysis to help you make better trading decisions.
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