Posty Pivots

 

PostyPivots Add-on

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The name under indicators will appear as SQuantLevels

Indicator plots anticipated support/resistance areas based on prior day price action and include breakout/breakdown targets. This work is an original interpretation of Camarilla Pivots as well as the techniques taught by Pivot Boss

Posty Pivots is a specific type of pivot point system that is based on the work of a trader named Tom DeMark. It is a proprietary system that uses a different calculation method and is not widely used by traders. It is a pivot point system that is based on the idea of using the previous day’s high, low, and close prices to calculate pivot points that are more accurate and reliable.

Traders use pivot points in a variety of ways, such as identifying potential levels of support and resistance, generating buy and sell signals, and setting stop-loss and take-profit levels. However, it’s important to note that pivot points are just one of many technical indicators and should be used in conjunction with other forms of analysis such as fundamentals, technical analysis, and sentiment analysis.

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