The standard pivot isn't the only flavour.
| Type | Pivot formula | Character |
|---|---|---|
| Standard | (H + L + C) ÷ 3 | The classic everyone watches |
| Woodie | (H + L + 2C) ÷ 4 | More weight on the close |
| Camarilla | Levels = C ± (H − L) × 1.1 ÷ 12, ÷ 6, ÷ 4, ÷ 2 | Tight levels for intraday reversals |
| Fibonacci | PP ± (H − L) × 0.382, 0.618, 1.0 | Fib ratios applied to the range |
Wick says
Pick one type and stick with it. Five pivot types on one chart is a barcode, not analysis.
Pro tip
The standard pivot is the most widely used, which is exactly why it tends to work best.
Key takeaways
- Standard pivots are the most popular.
- Camarilla suits short-term range trading.
- Consistency matters more than which type you choose.