Pivot Points Node

Support & Resistance Levels from Prior Session

VolumeSupport/Resistance7 Output Series

Overview

The Pivot Points Node calculates a central pivot level and three resistance/support bands from the prior period's high, low, and close. These price levels serve as anticipated support and resistance zones for the current session, widely watched by institutional and retail traders alike.

Four calculation methods are supported: Standard (classical pivot formula), Fibonacci (pivot expanded by Fibonacci ratios), Camarilla (range-based levels focused on tight intraday reversals), and Woodie (close-weighted pivot). All methods output seven series: pivot, r1, r2, r3, s1, s2, s3. No warm-up is required — levels are derived directly from each bar's prior OHLCV data.

Algorithm

Standard (default)

pivot = (high + low + close) / 3

r1 = 2×pivot − low; s1 = 2×pivot − high

r2 = pivot + (high − low); s2 = pivot − (high − low)

r3 = high + 2×(pivot − low); s3 = low − 2×(high − pivot)

Fibonacci

pivot = (high + low + close) / 3; range = high − low

r1 = pivot + 0.382×range; r2 = pivot + 0.618×range; r3 = pivot + 1.000×range

s1 = pivot − 0.382×range; s2 = pivot − 0.618×range; s3 = pivot − 1.000×range

Camarilla

range = high − low

r1 = close + range×1.1/12; r2 = close + range×1.1/6; r3 = close + range×1.1/4

s1 = close − range×1.1/12; s2 = close − range×1.1/6; s3 = close − range×1.1/4

pivot = (high + low + close) / 3

Woodie

pivot = (high + low + 2×close) / 4 (close-weighted)

r1 = 2×pivot − low; s1 = 2×pivot − high

r2 = pivot + (high − low); s2 = pivot − (high − low)

r3 = r2 + (high − low); s3 = s2 − (high − low)

No warm-up required. All levels derived from each bar's OHLCV data.

Parameters

Parameter	Default	Options	Description
type	standard	standard · fibonacci · camarilla · woodie	Pivot calculation method

Inputs & Outputs

Slot	Direction	Type	Description
input	Input	OHLCV	Standard OHLCV price and volume data
pivot	Output	(number \| null)[]	Central pivot price level
r1	Output	(number \| null)[]	Resistance level 1 (closest resistance)
r2	Output	(number \| null)[]	Resistance level 2
r3	Output	(number \| null)[]	Resistance level 3 (furthest resistance)
s1	Output	(number \| null)[]	Support level 1 (closest support)
s2	Output	(number \| null)[]	Support level 2
s3	Output	(number \| null)[]	Support level 3 (furthest support)
timestamps	Output	number[]	Unix timestamps aligned to input

Use Cases

Intraday Support & Resistance

Plot pivot, R1–R3, and S1–S3 as horizontal reference lines on an intraday chart. Price tends to stall, reverse, or accelerate at these levels — particularly around R1/S1 which are the most commonly respected levels by market participants.

Fibonacci Confluence Zones

Use Fibonacci pivot points and look for overlap between these levels and chart-based Fibonacci retracement levels. Confluence zones (where multiple methods agree on a level) have historically shown stronger price reactions than isolated levels.

Camarilla for Mean Reversion

Camarilla R3/S3 levels are tight intraday levels where price often reverses. A bounce strategy: short near R3 with S3 as a take-profit target (and vice versa for longs). Camarilla is most effective in mean-reverting instruments and during low-volatility sessions.

Tips & Best Practices

Use Daily Data for Intraday Pivots

Pivot points are most useful when computed from the daily (or weekly) OHLCV and applied to intraday charts. Connect a daily OHLCV data source to the Pivot Points node, then use the output levels as reference lines on your 15-minute or 1-hour chart for intraday trading.

Method Selection by Asset Class

Standard pivots work well for equities and futures. Fibonacci pivots suit trending assets where Fibonacci ratios carry market psychology weight. Camarilla is popular for forex and futures day trading. Woodie gives more weight to the close and is preferred by traders who weight the closing price more heavily.

Pivot as Trend Bias Filter

When price opens above the central pivot, the daily bias is bullish — take only long trades and use S1 as a stop reference. When price opens below the pivot, bias is bearish — take only shorts and use R1 as a stop reference. This simple filter improves win rates significantly in trending sessions.