Camarilla pivot indicator can also be used when the price is moving in a particular direction, i.e., either upward trend direction or downward trend direction.If the market is volatile, the price might move out of the range. The above trades turn successful only when the market is less volatile.It is because the price reverts back to R3. Similarly, the short-term traders can enter the market and initiate their long positions when the price touches S3.Short-term traders can enter the market and initiate their short positions when the price touches R3, because price reverts back to S3.This range is referred to as the daily price range, which benefits the intraday traders. Here, the price ranges between S3 and R3.Camarilla pivot indicator can be used when the price is moving in the horizontal direction, i.e., the price trades in a range.Fourth Support (S4) = Close – ((High – Low) * 1.5).Third Support (S3) = Close – ((High – Low) * 1.25).Second Support (S2) = Close – ((High – Low) * 1.166).First Resistance (R1) = Close + ((High – Low) * 1.083).Second Resistance (R2) = Close + ((High – Low) * 1.166).Third Resistance (R3) = Close + ((High – Low) * 1.25).Fourth Resistance (R4) = Close + ((High – Low) * 1.5).The Camarilla pivot consists of 4 support and resistance levels.įormulae used to calculate the Camarilla pivot point: It is used by traders to find the entry and exit points with the help of support and resistance levels.

The Camarilla pivot point is a technical indicator used to analyse the stock market.

Camarilla advanced calculator formula