What is a pivot point in physics?

Pivot point, the center point of any rotational system such as a lever system. the center of percussion of a rigid body. or pivot in ice skating or a pivot turn in dancing. Pivot point (technical analysis), a time when a market price trend changes direction.

What is a pivot point high & low?

Pivot Point Highs are determined by the number of bars with lower highs on either side of a Pivot Point High. Pivot Point Lows are determined by the number of bars with higher lows on either side of a Pivot Point Low. For example, a Pivot Point High, with a period of 5, requires a minimum of 11 bars to be considered a valid Pivot Point.

What is a pivot point in trading?

A pivot point is an intraday technical indicator used to identify trends and reversals mainly in equities, commodities, and forex markets. Pivot points are calculated to determine levels in which the sentiment of the market could change from bullish to bearish, and vice-versa.

What does pivot mean in English?

Did you know? Pivot is a French borrowing that slowly evolved grammatically in the English language. It began as a noun in the 14th century designating a shaft or pin on which something turns ("The chair turns on a pivot"). Later it was applied to any central person or thing around which action revolves.