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Pivot Points High/Low

Pivot points are used to project potential support and resistance levels. Main time periods are daily, weekly and monthly.

To apply a Pivot Points High/Low Indicator

1. From within a chart, from the Edit menu select Studies.
2. Choose Pivot Points High/Low and click Add to add the study to the Applied Studies group.
3. Complete parameters as necessary.

Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.

Note:  It is possible that in some cases, for example when the closing price is near the high or low and there is a wide range, the S1 or R1 value will be above the PP.