Session Pivots

Session Pivots are a well known trading technique used by market makers and were frequently used by local pit traders to calculate intraday support and resistance points. You may compare the Premium Pivot Suite to the Library versions here and register for FREE trial anytime.

Pivot Trading with NinjaTrader 8

Indicator Description

Pivots are calculated from the high, low and close of the previous day’s session. This information is available prior to the start of the current day’s session and does not change throughout the day. Because of its simplicity and efficiency, it is still the most reliable method for determining key support and resistance levels. In pivot trading, the general idea is to buy support and sell resistance.

You may display Floor Pivots, GLOBEX Pivots and JacksonZones with our Premium Session Pivots package. Floor Pivot levels are found by taking the high, low and close of the regular trading hours (RTH). As for the GLOBEX (ETH) Pivot levels, you will find those by locating the full session session HLC. Finally,  the Jackson Zones are a symmetrical variation of pivots with the zones based on Fibonacci numbers. One may calculate these levels using either regular or full session data.

Premium Features:

The Premium Session Pivots come with 9 different indicators: The daily, weekly, monthly and N-monthly pivots (for traditional Pivots and Jackson Zones respectively). Finally, the Premium package comes with a N-day Rolling Pivot indicator.

With each indicator, one may display the pivot range, comprised of a main pivot, central pivot and directional pivot. Above and below the pivot range, you will find 4 major support and resistance levels. The JacksonZones will also display Fibonacci zones adjacent to the support and resistance levels.

All pivot trading indicators have an option to add a 3 day Balance Point and the 3 day HLC levels. These are calculated from high, low and close of the 3 prior days, weeks or months. When the 3-day Balance Point (BP) is activated, a rolling central pivot is displayed.

Furthermore, all indicators allow you to plot pivot projections for the next day, week or month. The projection is available prior to the completion of the current session. The projections are based on the current period high, low and the last traded price.

For futures contracts that are traded on CME, CBOT, EUREX, ICE or NYMEX, the indicators allow to calculate correct pivots for extended trading days and take into account current holiday schedules.

Additional details on Pivot trading was discussed in our Indicator Spotlight on the Daily Pivot Levels and in our post on how to Buy Support and Sell Resistance using Pivot Levels and Auction Bars.

Available for NinjaTrader 7 and 8

Indicator Price $ 295.00