Pivot Points Explained — Measured (PDF Guide)

Every other support-and-resistance tool asks you to choose something: a swing, a trendline, an anchor. That choice is usually made after the move has finished, which is why those tools always appear to have worked and why none of them can be checked. Pivot points are the exception, and almost nobody points that out.

Today's pivot levels are arithmetic on yesterday's high, low and close. They are fixed before the session opens, identical on everybody's screen, and there is nothing to choose. That is what makes this the one levels guide in the series with real pre-registered tests in it. This is a 46-page PDF that teaches Pivot Points from the first thing you see on the screen through to a written strategy with an entry, a stop and an explicit rule for when the trade is wrong.

Nothing is taught underneath a chart. Every label sits on the candle, the line or the level it is describing, on real BTC, ETH, SOL and LINK charts. There are three quizzes on real charts, each followed by the same chart re-shown annotated with the reasoning, plus faded practice pages where the first steps are filled in and you finish the rest.

WHAT'S INSIDE

The formula, done in front of you -- Yesterday's high plus low plus close, divided by three. Then six more levels from the same three numbers and one subtraction. No part of it is hidden.

Why these are the only testable levels -- Because there is nothing to draw and nothing to pick, so a computer can apply the rule to ten years of bars without asking anybody a question.

Two pre-registered tests, each with a control -- 32.39 per cent crossing above R1 on 1,448 signals, and 37.00 per cent crossing below S1 on 1,600, against 33.84 per cent for entering on any bar.

And the five competing formulas -- Traditional, Fibonacci, Woodie, Camarilla and DeMark all draw different lines from the same three numbers. Choosing between them after seeing the results is a search, and the guide is specific about which was used.

WHAT YOU'LL BE ABLE TO DO

Compute all seven pivot levels from yesterday's bar, by hand.

Say why these levels can be tested when drawn ones cannot.

Quote what both standard entries paid against the same control.

Recognise a garden of forking paths in a list of five formulas.

Tell a self-fulfilling hypothesis from a measured result.

AN HONEST NOTE

Pivot Points is a clue, not a crystal ball. It describes what price has already done. This guide contains no win-rates, no backtest results and no promises about what you will make, because nobody can verify those and you should not trust anyone who prints them. What it hands you instead is a set of rules you can test yourself on TradingView in an afternoon. Educational, not financial advice.

Instant download. 46 pages, PDF.