Pivot Trader 1.4
Paid Version
Publisher Description
Pivot Trader is a convenient tool for Android devices that displays pivot point levels for a list of securities in a customizable portfolio. Levels can be refreshed daily with end-of-day data from the quotes server, and viewed in several time frames.
Pivot Trader defines price levels as follows:
P = (H + L + C) / 3
R1 = P + (P - L) = 2×P - L
S1 = P - (H - P) = 2×P - H
R2 = P + (H - L)
S2 = P - (H - L)
R3 = P + 2×(H - L)
S3 = P - 2×(H - L)
Common trading strategy using pivot points
* If price opens above previous session's pivot point (PP), sentiment is bullish
* If price opens below previous session's pivot point (PP), sentiment is bearish
* On bullish sentiment, use resistance levels (R1, R2, R3) to close a long position
* On bearish sentiment, use support levels (S1, S2, S3) to cover a short position
* Use a longer pivot time frame than the time frame you are trading in (ex: use monthly or weekly pivots when trading daily charts)
* For intra-day trading, use volatility indexes as additional confirmation of sentiment (^VIX, ^VXN)
About Pivot Trader
Pivot Trader is a paid app for Android published in the Other list of apps, part of Business.
The company that develops Pivot Trader is BitPedal. The latest version released by its developer is 1.4. This app was rated by 1 users of our site and has an average rating of 3.0.
To install Pivot Trader on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2011-09-03 and was downloaded 36 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Pivot Trader as malware as malware if the download link to com.bitpedal.pivottrader is broken.
How to install Pivot Trader on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Pivot Trader is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Pivot Trader will be shown. Click on Accept to continue the process.
- Pivot Trader will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
