Historical 4 hour pivot point
• The 4 hour pivot point was created for the intra day trader to find the shorter term turning points ( support & resistance lines) on shorter than one day time frames
• In this example the 4 hour pivot point takes the average of the high + low + close of the 4 hour time frame, divided by 3, and used in conjunction with the Jack in the Box indicator
• The 4 hour pivot point was created for the intra day trader to find the shorter term turning points ( support & resistance lines) on shorter than one day time frames
• In this example the 4 hour pivot point takes the average of the high + low + close of the 4 hour time frame, divided by 3, and used in conjunction with the Jack in the Box indicator