REX TRADING SIGNAL
Pivot point calculator
Calculate reference levels from one completed period. Choose a formula and keep all inputs from the same period.
How this calculation works
Classic pivot P = (high + low + close) / 3. R1 = 2P − low; S1 = 2P − high; R2/S2 = P ± range. Other methods use different weights or range multipliers.
This Woodie variant weights the previous close twice. Verify the convention used by your platform. These are reference levels, not predictions.