| Hi Charlie I don't know if you looked at the site: http://www.camarillaequation.com/ You can find a calculator here, http://www.earnforex.com/pivot-points-calculator The excel spreadsheet calculator that I use identifies the upper four levels as H1, H2 etc and the lower ones as L1, L2 etc. H4= (high-low)*1.1/2+close LONG BREAKOUT H3= (high-low)*1.1/4+close SHORT H2= (high-low)*1.1/6+close H1= (high-low)*1.1/12+close L1= close-(high-low)*1.1/12 L2= close-(high-low)*1.1/6 L3= close-(high-low)*1.1/4 LONG L4= close-(high-low)*1.1/ SHORT BREAKOUT I've always believed that you go Short at the H3 level, but that level fails at the H4 level where you change your trade to Long (and the opposite applies at the L3 and L4 levels). Hope this helps. Regards Di --- On Tue, 1/2/11, Charlie <mrsirplus@yahoo.com> wrote:
|
Re: [OpenFX] Camarilla Pivots
Tuesday, February 1, 2011
__._,_.___
.
__,_._,___
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment