Camarilla Pivot Levels with a Centered Pivot Point

Summary

The author describes using Camarilla pivot levels after finding standard pivot lines too widely spaced for their purposes. They propose replacing the standard pivot point calculation with the midpoint of the first resistance and support levels, so the central pivot sits between those two levels. The document gives no further equations for the Camarilla levels, relying instead on an external reference for their definitions.

This is a personal description of an indicator calculation choice, not a tested trading method. It offers no market examples, backtest, or evidence that the modified pivot improves decisions. The author also raises two implementation issues: one indicator color is missing from the settings list, and the plotted lines stop before reaching the latest price bars. These concerns limit what can be inferred about the indicator’s implementation and practical use.

Key ideas

• The author prefers Camarilla pivot levels because standard pivot lines seemed too widely spaced for their use.
• They calculate the central pivot as the midpoint between the first resistance and support levels.
• The document does not provide the complete Camarilla formulas or validate the modified pivot with trading results.
• The author reports a missing color setting and pivot lines that fail to reach the latest bars.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.