The FS Pivot is based on the classic pivot point indicator with a few twists and innovations. These levels present a very straightforward approach to buying and selling critical points as the session plays out using good risk reward disciplines. It is possible that these levels are somewhat of a self-fulfilling prophecy because many old school trading veterans have been using this indicator for a very long time. The formula has been modified to evolve throughout the week. This idea was conjured up as a means to participate with the larger overall trend as opposed to the classic formula which would follow the pivots for each new day based solely on the previous session.
Download Manual:
FS Pivot Indicator Manual (.pdf)
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