Skillsfirst Level 5 Diploma in Financial Trading (RQF) - Module 4 - Technical Analysis
Skillsfirst Level 5 Diploma in Financial Trading (RQF) - Module 5 - Psychology
Skillsfirst Level 5 Diploma in Financial Trading (RQF) - Module 6 - Risk and Money Management
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RANGE DEVIATION PIVOTS

Range Deviation Pivots follow the same premise as the previous study but have no time of day element.

  • They place 1, 2 and 3 deviations around the opening
  • They also have a calculation for trend skew which means that in contrast to the time bands they will contract or expand depending on the strength and direction of the trend
  • In a downtrend, the down pivots will be wider apart and further away from the opening than the up pivots