Total: 67327 apps , New today: 0 , Updated today: 0 Sign in with a Google Account


Home  »  Finance  »  Pivot Trader

Pivot Trader image

Pivot Trader - FREE

by BitPedal, Version: 1.4 , 208 KB  

Package name: com.bitpedal.pivottrader , Last Update: 2012-09-21 08:38:30


4 ratings (3.750 average)

1,000-5,000 downloads


What's new in this version (1.4):

ver 1.4
- sorting in ascending order
- update to ad provider libs

Description

Pivot Trader is a convenient tool for Android devices that displays pivot point levels for a list of securities in a customizable portfolio. Levels can be refreshed daily with end-of-day data from the quotes server, and viewed in several time frames.

Pivot Trader defines price levels as follows:

P = (H + L + C) / 3
R1 = P + (P - L) = 2×P - L
S1 = P - (H - P) = 2×P - H
R2 = P + (H - L)
S2 = P - (H - L)
R3 = P + 2×(H - L)
S3 = P - 2×(H - L)

Common trading strategy using pivot points

* If price opens above previous session's pivot point (PP), sentiment is bullish
* If price opens below previous session's pivot point (PP), sentiment is bearish
* On bullish sentiment, use resistance levels (R1, R2, R3) to close a long position
* On bearish sentiment, use support levels (S1, S2, S3) to cover a short position
* Use a longer pivot time frame than the time frame you are trading in (ex: use monthly or weekly pivots when trading daily charts)
* For intra-day trading, use volatility indexes as additional confirmation of sentiment (^VIX, ^VXN)

Pivot Trader screenshot 1 Pivot Trader screenshot 2

Apps from the same developer

Fuel Friend New perspective on car mileage tracking, fuel economy and the price at the pump.
Fuel Friend Lite New perspective on car mileage tracking, fuel economy and the price at the pump.
GlueTrail Glue any trail map image or photo geographically and navigate it using GPS.
Parking Recall Use Parking Recall's cool radar screen to guide you back to your parking spot.
Sea Miner BETA Clear the sea of worthless rocks, but don't lose the valuable red gems!

Related Android Apps

Cashflow Cal PRO Calculate real estate invest cashflow,ROI,payment by input rate\downpay etc info . more Pro function ...
CASINO MANAGER "Casino Manager: The perfect application to use when going to the casino.
Forex News News from forexfactory.com Last Posts from forexfactory.com Forex rates by Google Finance: AUD/USD&# ...
Employee Stock Options (Lite) Track your employee stock options: - Track multiple stock options. - Get an instant valuation of ...
Money Planner MoneyPlanner is a small app that will help you plan the way you spend your money. You can ad funds and costs the th ...


Find more Android apps and games

Androlicious.com is a website that shows applications and games from Android Market. You can download and install apps and games directly from Android Market using an Android phone or by using WebConnect mobile application.