Pivot Point - @tradingalert.net

Pivot Point:This Pivot indicator only calculate the last Pivot based on the prior trading day high, low, close.
Formula: pHigh(previous day high), pLow(previous day low), pClose(previous day close)
PP = (pHigh+pLow+pClose) / 3
R1 = PP+(PP-pLow)
S1 = PP-(pHigh - PP)
R2 = PP + (pHigh - pLow)
S2 = PP - (pHigh - pLow)
R3 = pHigh + 2 * (PP - pLow)
S3 = pLow - 2 * (pHigh - PP)