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. The Premium Pivot version can be compared to the Library Pivot version here.  You may register for FREE trial anytime.

Indicator Price $ 295.00

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.

The Premium Session Pivots for NinjaTrader 8 can be used to display Floor Pivots, GLOBEX Pivots and JacksonZones. Floor Pivots are calculated from high, low and close of the regular trading hours (RTH). GLOBEX Pivots are based on full session data (ETH). Jackson Zones are a symmetrical variation of pivots with the zones based on Fibonacci numbers and can be calculated from both regular and full session data.

The Premium Session Pivots come with 9 different indicators: The daily, weekly, monthly and N-monthly pivots can be used to display main pivot, central pivot, directional pivot and major support and resistance levels, all based on the selected period. The JacksonZones will also show daily, weekly. monthly and N-monthly pivots, and two major support and resistance levels with adjacent Fibonacci zones. Finally, the Premium package comes with a N-day Rolling Pivot indicator.

All indicators have an option to add a 3 day Balance Point and a 3 day HLC levels, which 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 prior to the completion of the current period. 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.