What is Pivot Points?
Pivot points are used by traders in equity and commodity exchanges. They're calculated based on the high, low, and closing prices of previous trading sessions, and they're used to predict support and resistance levels in the current or upcoming session. These support and resistance levels can be used by traders to determine entry and exit...
Why Pivot Point is popular？
Because unlike most indicators, it's not lagging! It is forward-looking, it's real-time, it's just right there.
I don't like many indicator lines crossing my screen everywhere, just as some Pivot Point indicators did, i would rather to keep it neat and clean.
So I wrote this simple DeMark pivot point indicator, gathering...