Easy Pivot Point 3.1.3
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Free Version
Publisher Description
Easy Pivot Point - A tool to find resistance and support levels for Forex and Commodities
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 support and resistance, below and above the pivot point, respectively, by subtracting or adding price differentials calculated from previous trading ranges of the market.
A pivot point and the associated support and resistance levels are often turning points for the direction of price movement in a market. In an up-trending market, the pivot point and the resistance levels may represent a ceiling level in price above which the uptrend is no longer sustainable and a reversal may occur. In a declining market, a pivot point and the support levels may represent a low price level of stability or a 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 support and a sell order when the asset nears the upper resistance. Pivot points also enable trend and breakout traders to spot key levels that need to be broken for a move to qualify as a breakout.
Easy Pivot Point automatically calculate and present the pivot point with resistance and support 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 support and resistance for various instruments which includes currency pairs, commodities, indices and exotic pairs,
☆ Multi-timeframe analysis (H1, H4, Daily, Weekly and Monthly),
☆ Allows you to easily pin your favourite instrument to the top for each timeframe,
☆ Alert system that notifies you whenever price breaks the resistance or support level for each timeframe (only for subscribers)
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Easy Indicators relies on your support to fund its development and server costs. If you like our apps and wish to support us, kindly consider subscribing to Easy Pivot Point Premium+. This monthly or yearly subscription removes all advertisements within the app, access to our new alert system and supports our development of future enhancements.
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About Easy Pivot Point
Easy Pivot Point is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Easy Pivot Point is EasyIndicators. The latest version released by its developer is 3.1.3.
To install Easy Pivot Point on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2023-08-29 and was downloaded 16 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Easy Pivot Point as malware as malware if the download link to com.easy.pivotpoint is broken.
How to install Easy Pivot Point on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Easy Pivot Point is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Easy Pivot Point will be shown. Click on Accept to continue the process.
- Easy Pivot Point will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
