Camarilla Equation is known among forex traders as Camarilla pivot points. Camarilla pivots are used for pivot point history mt4 forex-day trading, it is a tool for Forex scalpers and short term traders alike.
Current Camarilla indicator also has built in regular Pivot points and Fibonacci levels. 15 min, 10 min, 5 min and 1 minute. L3 and H3 are Camarilla’s support and resistance levels accordingly. Are you looking for a high-quality pivot points indicator? Boost your trading returns with the most useful pivot points indicator, just like hundreds of users have already done! A pivot point analysis is often used in conjunction with calculating support and resistance levels, similar to a trend line analysis. In a pivot point analysis, the first support and resistance levels are calculated by using the width of the trading range between the pivot point and either the high or low prices of the previous day.