
Daily Pivots & Jackson Zones Indicator
Overview The concepts of support and resistance are two basic aspects of day-to-day trading. These tools help traders to clearly establish the points where the price can bounce, allowing them to also determine when to enter and when to exit trades.While it's true that mastering the concepts of support and resistance can help you build a more effective strategy, it's also true that these tools are subjective, which in many occasions can lead you to make some mistakes.For this reason, many traders use indicators to correctly determine and draw the perfect support and resistance levels.Pivot points or daily pivots are one of the most reliable tools for this and today, you'll understand why so many traders love them. Pivot points are something that has been used by traders since the '80s. Calculated based on the high, low, and closing prices of previous trading sessions, the TDU Pivots indicator tracks and draws key pivot points that can be used to predict key support and resistance levels