Trading Levels Guide
Understanding Pivot Points, Support/Resistance, and Moving Averages
Standard Pivot Points
Our platform calculates Standard Pivot Points using the previous day's High, Low, and Close prices. These levels act as potential support and resistance zones for the current trading day.
Resistance Levels (R1, R2, R3)
Price levels above the Pivot Point where selling pressure may increase.
Support Levels (S1, S2, S3)
Price levels below the Pivot Point where buying pressure may increase.
Moving Averages
We track key Moving Averages to identify trends and dynamic support/resistance levels.
SMA (Simple Moving Average)
The average price over a specific period. Good for identifying long-term trends.
EMA (Exponential Moving Average)
Gives more weight to recent prices. Reacts faster to price changes.
Dashboard Indicators
Our dashboard and email alerts use specific symbols to give you instant context about where the price is relative to these levels.
| Symbol | Meaning | Actionable Insight |
|---|---|---|
| * | Near Level | Price is within 0.5% of this level. Watch for a potential breakout or rejection. |
| ↓ | Broke Above | This is a Resistance level that is now below the current price. The price has broken through it to the upside. It may now act as support. |
| ↑ | Broke Below | This is a Support level that is now above the current price. The price has broken through it to the downside. It may now act as resistance. |
| (none) | Active Level | The level is valid but not currently being tested (price is >0.5% away). |