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Advanced Camarilla Trading Calculator

Advanced Camarilla Pivot Based Trading
(Put this calculator on your website/blog)
High Low Close
         Help Document
H6 Trgt 2
H5 Trgt 1
H4 Long breakout
H3 Go Short
H2
H1
 
L1
L2
L3 Go Long
L4 Short Breakout
L5 Trgt 1
L6 Trgt 2


How to use advanced camarilla calculator



Look at the opening price for the stock/futures/commodities/currency.
There are various scenarios that can occur
Scenario 1
Open price is between H3 and L3
  For Long
    Wait for the price to go below L3 and then when it moves back above L3, buy. Stoploss will be when price moves below L4. Target1 - H1, Target2 - H2, Target3 - H3
  For Short Sell
    Wait for the price to go above H3 and then when the price moves back below H3, sell. Stoploss will be when price moves above H4. Target1 - L1, Target2 - L2, Target3- L3

Scenario 2
Open price is between H3 and H4
  For Long
    When price moves above H4, buy. Stoploss when price goes below H3. Target 1 - H5, Target 2 - H6
  For Short Sell
    When the price goes below H3, sell. Stopless when prices moves above H4. Target1 - L1, Target2 - L2, Target3- L3

Scenario 3
Open price is between L3 and L4
  For Long
    When price moves above L3, buy. Stoploss when price moves below L4. Target1 - H1, Target2 - H2, Target3 - H3
  For Short Sell
    When the price goes below L4, sell. Stoploss when price moves above L3. Target 1 - L5, Target 2 - L6

Scenario 4
Open price is outside the H4 and L4
    Wait for the prices to come in range and trade accordingly.

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