Pay for calculator?
I'm trying to understand why one would pay, low cost or not, for a Pivot Claculator. Please elaborate? The formula is so simple to begin with you can practically figure in your head. As I see it it becomes more difficult in attaining r1, 2, 3 or s1, 2, 3. But wouldn't other means be employed with better statistical significance, like par- SAR. Also would a true chartist be more concerned with rules related to s/r, fibs, and patterns? I believe pivots may be down on the list of considerations in trading, and any of the simple and free calculators work fine. I have tested several and they seem to come out with the same information.
I am of course open to suggestions for use if I have overlooked anything.
Thanks for the great discussion on the isubject, makes you think.
Dave
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