> For the complete documentation index, see [llms.txt](https://docs.tradingalert.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tradingalert.net/indicator-alert-feature/indicator-definition-and-usage/pivot-point.md).

# Pivot Point

{% hint style="info" %}
This Pivot indicator **only calculate the last Pivot based on the prior trading day high, low, close.**

tradingview chart: <https://www.tradingview.com/script/y5Amaszl-Pivot-Point-tradingalert-net/>
{% endhint %}

* **Formula**: pHigh(previous day high), pLow(previous day low), pClose(previous day close)\
  PP = (pHigh+pLow+pClose) / 3\
  R1 = PP+(PP-pLow)\
  S1 = PP-(pHigh - PP)\
  R2 = PP + (pHigh - pLow)\
  S2 = PP - (pHigh - pLow)\
  R3 = pHigh + 2 \* (PP - pLow)\
  S3 = pLow - 2 \* (pHigh - PP)

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