Pivot Points, one of the basic and most important technical tools and the important one, is in the was used long before the era of computerized trading. You have probably heard about the 'Camarilla Equation' by now , and how pivot points and so on. Despite popular fiction, the principles of the mathematics The Camarilla Equation produces 8 levels from yesterday's open, high, low and close. These levels are split into two groups, numbered Camarilla Pivots. In addition to standard Pivot Points we also monitor Camarilla Pivots. The Camarilla Equation produces 8 levels from yesterday's open, high, low and close. These levels are split into two groups, numbered 1 to 4; for simplicity, we only use 4 of the 8 levels. The 4 levels are L3, L4, H3, and H4. Camarilla Equation is nothing else than a list of pivot points. You cannot patent this system. No patent bureau would accept your submitting a math formula . Only Camarilla is patented as a trade mark. There are many pivot points around which work much better than Camarilla. By the way, I am in the commodity market since 1968. Camarilla pivot points use a complicated method of calculation to display a set of eight levels of support and resistance and no middle pivot point. Advanced Camarilla Trading Strategy Intraday Strategy Ask The Financial Doctors Financial Consultation Risk Disclosure : There is a risk of loss in trading stocks, commodity futures, options contracts, and forex. Hi everyone, I've been testing this from a long time, and I noticed the following, that for any day the difference between the high and the low for GBP/USD is 60 or less, so I have my numbers brought out from the camarilla equation and place orders accordingly Camarilla Pivot Points is one of the most popular Intraday Trading techniques used by beginners and professional traders. We have already introduced this method in one of our previous posts with an online calculator. Simply put, the Camarilla Equation is a price-based indi
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