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Description
In financial markets, a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish.
It is common to derive additional levels of support and resistance, below and above the pivot point, respectively, by subtracting or adding price differentials calculated from previous trading ranges of the market.
A pivot point and the associated support and resistance levels are often turning points for the direction of price movement in a market. In an up-trending market, the pivot point and the resistance levels may represent a ceiling level in price above which the uptrend is no longer sustainable and a reversal may occur. In a declining market, a pivot point and the support levels may represent a low price level of stability or a resistance to further decline.
Pivots are especially popular in the FX market since many currency pairs do tend to fluctuate between these levels. Range-bound traders will enter a buy order near identified levels of support and a sell order when the asset nears the upper resistance. Pivot points also enable trend and breakout traders to spot key levels that need to be broken for a move to qualify as a breakout.
Easy Pivot Point automatically calculate and present the pivot point with resistance and support levels for each major currency pair on an easy to read dashboard.
Please note that pivot points are short-term trend indicators which is only useful for the current day trading.
Key features
- Timely display of pivot points with 3 levels of support and resistance for 37 currency pairs,
- Two display modes are available. In simple mode, only the general market sentiment and status of the resistance/support level will be displayed. In the detailed mode, the actual value of the pivot points and resistance/support prices will be displayed.
- Allows you to create your own watch list to monitor only those currency pairs you are interested in.
- Alert system that notifies you whenever price breaks the resistance or support level
If you choose to subscribe to our Premium plan, payment will be charged to your iTunes account, and your account will be charged for renewal 24 hours prior to the end of the current period. Auto-renewal may be turned off at any time by going to your settings in the iTunes Store after purchase. No cancellation of the current subscription is allowed during active subscription period.
Current price of subscription is $3.99 USD every month and may vary from country to country.
Privacy Policy: http://easyindicators.com/privacy.html
Terms of Use: http://easyindicators.com/terms.html
To learn more about us and our products, please visit www.easyindicators.com .
All feedback and suggestions are welcome. You can reach us via email (support@easyindicators.com) or the contact feature within the app.
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What's New in Version 2.0.3
- Minor bug fixes
v2.0
- We have read all your feedback and rebuilt this app from ground up to provide you with the best user experience.
- New instrument added including exotic pairs
- New alert system that notifies you whenever price breaks the resistance or support level
Seller
Name
Easy Indicators LLP
Information
Developer
Categories
Version
2.0.3
Size
56.8 MB
Game Center
No
VPP Device Licensing
Yes
Rating
Rated: 4+
Compatibility
iOS 9.0 or later
Devices
iPhone 4S, iPhone 5, iPhone 5c, iPhone 5s, iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, iPhone SE, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus, iPhone X, iPhone XR, iPhone XS, iPhone XS Max, iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max, iPhone SE (2nd generation), iPad 2 (Wi-Fi), iPad 2 (3G), iPad (3rd Generation) (Wi-Fi), iPad (3rd Generation) (4G), iPad (4th Generation) (Wi-Fi), iPad (4th Generation) (4G), iPad (5th Generation) Wi-Fi, iPad (5th Generation) Wi-Fi + Cellular, iPad (6th generation) Wi-Fi, iPad (6th generation) Wi-Fi + Cellular, iPad Pro, iPad Pro (Cellular), iPad Pro (9.7-inch), iPad Pro (9.7-inch) (Cellular), iPad Pro 12.9-inch (2nd generation), iPad Pro 12.9-inch (2nd generation) Wi-Fi + Cellular, iPad Pro (10.5-inch), iPad Pro (10.5-inch) Wi-Fi + Cellular, iPad Pro (11-inch), iPad Pro (11-inch) Wi-Fi + Cellular, iPad Pro 12.9-inch (3rd generation), iPad Pro 12.9-inch (3rd generation) Wi-Fi + Cellular, iPad Air, iPad Air (Cellular), iPad Air 2, iPad Air 2 (Cellular), iPad Air (3rd generation), iPad Air (3rd generation) Wi-Fi + Cellular, iPad mini (Wi-Fi), iPad mini (4G), iPad mini Retina, iPad mini Retina (Cellular), iPad mini 3, iPad mini 3 (Cellular), iPad mini 4, iPad mini 4 (Cellular), iPad mini (5th Generation), iPad mini (5th Generation) Wi-Fi + Cellular, iPad (7th generation) Wi-Fi, iPad Pro 11-inch (2nd generation), iPad Pro 11-inch (2nd generation) Wi-Fi + Cellular, iPad Pro 12.9-inch (4th generation), iPad Pro 12.9-inch (4th generation) Wi-Fi + Cellular, iPod touch (5th generation), iPod touch (6th Generation), iPod touch (7th generation), Apple Watch Series 4, Apple Watch Series 5
Languages
English
App Store: Customer Ratings
Ratings & Reviews
4.5 of 5 (9 Ratings)
App Store: Customer Reviews
No Entry