Pivot points are prominent lines which are based on the course itself to determine possible support and resistance.
Unfortunately there is more than one method to calculate them.
Considering the different pivot points, (e.g. Fibonacci pivots) you can see some commonalities at some prices.
In this case you can see possible support and resistance zones better.
This indicator allows you to see these zones. It shows you the pivot points with classic and Fibonacci calculation to determine...