Home » Simplify your calculations with ease. » Trading calculators » Camarilla Support and Resistance Calculator Online

Camarilla Support and Resistance Calculator Online

Show Your Love:

Support and Resistance Levels:

The Camarilla Support and Resistance Calculator is designed to identify crucial support and resistance levels in trading. These levels serve as significant indicators, guiding traders in making decisions about entry, exit, and stop-loss points. By utilizing this tool, traders gain a distinct advantage in navigating the complexities of financial markets.

Formula of Camarilla Support and Resistance Calculator

The calculator operates on a precise mathematical formula:

  • R1 = CP + (High – Low) * 1.1/12
  • R2 = CP + (High – Low) * 1.1/6
  • R3 = CP + (High – Low) * 1.1/4
  • R4 = CP + (High – Low) * 1.1/2
  • S1 = CP – (High – Low) * 1.1/12
  • S2 = CP – (High – Low) * 1.1/6
  • S3 = CP – (High – Low) * 1.1/4
  • S4 = CP – (High – Low) * 1.1/2
See also  BNB Staking Calculator Online

Here, ‘R’ denotes resistance levels, ‘S’ signifies support levels, ‘CP’ represents Camarilla Pivot Point, ‘High’ indicates the highest price of the trading session, and ‘Low’ represents the lowest price reached during the session.

Table of General Terms

TermDescription
Pivot PointThe calculated central point for the day’s trading.
Resistance (R1, R2, R3, R4)Key price levels above the pivot point.
Support (S1, S2, S3, S4)Vital price levels below the pivot point.

This table serves as a quick reference guide for traders, providing essential terms and their meanings.

Example of Camarilla Support and Resistance Calculator

Let’s walk through an example to demonstrate the calculator’s functionality:

  1. Camarilla Pivot Point (CP): 150.00
  2. High: 155.00
  3. Low: 145.00
See also  Kava Stake Calculator Online

By applying the formula, we can calculate the support and resistance levels:

  • R1: 153.42
  • R2: 156.92
  • R3: 159.42
  • R4: 163.92
  • S1: 146.58
  • S2: 143.08
  • S3: 140.58
  • S4: 136.08

Most Common FAQs

What is the significance of Camarilla Support and Resistance levels in trading?

Camarilla levels provide critical insights into potential price reversals, helping traders make informed decisions on entry and exit points.

How do I interpret the calculated resistance and support levels?

Resistance levels act as potential ceilings for price movements, while support levels serve as potential floors. Traders can use these levels to set targets and manage risk.

🚀 Upgrade Your Calculations with AI-Powered Precision!

Solve any problem in a snap with Calculatorshub Ai Calculator.

Discover More

Leave a Comment