Simon Trades is a pivot trading app used for trading stocks. It uses the previous days closing prices to make the calculations for the Pivot Point, Resistance and Support levels. Delayed quotes are returned when submitting a quote request.
This stock pivot app uses the following classic formulas to plot the Pivot Point, Resistance and Support levels.
Pivot Point Fulcrum:
Pivot = (H + L + C)/3
Pit Pivot Resistance Points
R1 = (2 * Pivot) - L
R2 = (Pivot – S1) + R1
R3 = (Pivot – S1) + R2
Pit Pivot Support Points
S1 = (2 * Pivot) - H
S2 = Pivot - (R1 – S1)
S3 = Pivot – (R2 – S1)
Disclosures and Disclaimers
Trading stocks involves risk, and is not suitable for all investors. It is important that every investor contacts his/her brokerage firm when or prior to performing stock transactions.
THESE STOCK QUOTES AND PRICES ARE DESIGNED TO BE USED IN CONJUNCTION WITH TEXTS AND OTHER EDUCATIONAL MATERIALS. THIS IS FOR EDUCATIONAL PURPOSES ONLY. IN THE ALGORITHMIC AND THEORETICAL CALCULATIONS, THESE STOCK PRICES AND QUOTES CANNOT BE ENTIRELY ACCURATE, AND THE RESULTS UNDER VARIOUS CIRCUMSTANCES SUGGESTED BY THESE CALCULATIONS ARE LIKELY TO BE DIFFERENT FROM THE RESULTS SUGGESTED BY OTHER PROGRAMS. IT IS IMPORTANT TO NOTE THAT THIS IS AN EXPERIMENTAL PROGRAM INTENDED TO ASSIST IN LEARNING ABOUT HOW STOCK PRICES CHANGE AS MARKET CONDITIONS CHANGE. THIS IS NOT INTENDED TO PROVIDE INVESTMENT ADVICE, AND USERS SHOULD NOT MAKE INVESTMENT DECISIONS BASED UPON VALUES GENERATED AND POSTED BY THIS SPREADSHEET OR CHART. FURTHERMORE, IT IS LIKELY THAT THE VALUES GENERATED WILL BE DIFFERENT, SOMETIMES SUBSTANTIALLY SO, FROM PRICES OBSERVED IN THE MARKETPLACE. THESE STOCK PRICES AND QUOTES CANNOT BE USED TO STUDY OTHER PROGRAMS BECAUSE THEIR ASSUMPTIONS ABOUT THE NATURE OF THE UNDERLYING OUTCOME AND THE COST OF CARRY ARE DIFFERENT THAN THE ASSUMPTIONS MADE BY THIS PROGRAM OUTCOME.
THIS PROGRAM REQUIRES A NETWORK CONNECTION AND RELIES ON STOCK PRICES WHICH ARE RETRIEVED THROUGH THE INTERNET. THERE IS NO GUARANTEE THAT THE SERVICE WILL CONTINUE INDEFINITELY OR NOT BE INTERRUPTED, WHICH COULD SHUT THIS APP DOWN AT ANY TIME.
THE REQUIRED WEB ACCESS FEATURE IS CURRENTLY FREE, BUT WILL BE PART OF A SUBSCRIPTION PACKAGE. WE INTEND TO ADD MORE FEATURES IN THE FUTURE BASED ON USER REQUESTS.