![]() And IMO floor pivots are no better than random at providing relaibl S&R either. If anything, cam levels are WORSE than the floor pivot points calculation - simply because more people use floor pivots rather than cam pivots. The cam levels are no better than standard pivot points - if you eyeball intraday price action in relation to the cam levels, they are no better than random at providing support or resistance levels. ![]() But there is no magic formula to camarilla - its just a mathematical calculation to produce pivot points from the previous days OHLC.Ī friend of mine put the formula into tradestation and made an indicator that plotted the levels back over price action for as many days back as you wanted to view. ![]()
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