Woodie Pivot Point Calculator
Calculate pivot points and support/resistance levels for your trading strategy
Pivot Points
Resistance 3 (R3):
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Resistance 2 (R2):
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Resistance 1 (R1):
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Pivot Point (PP):
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Support 1 (S1):
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Support 2 (S2):
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Support 3 (S3):
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About Woodie Pivot Points
Pivot Point (PP) = (High + Low + Close) / 3
Support & Resistance Levels:
- R1 = (2 × PP) − Low
- S1 = (2 × PP) − High
- R2 = PP + (High − Low)
- S2 = PP − (High − Low)
- R3 = High + 2 × (PP − Low)
- S3 = Low − 2 × (High − PP)
Woodie's pivot points place more weight on the closing price of the previous period. Many traders prefer Woodie's formulas because they give earlier signals than standard pivot points.
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Note: Pivot points are mathematical calculations and don't guarantee future price movements. Always use with other indicators and risk management techniques.