Pivot Bounce Playbook Generator

Floor pivots give you 7 levels. Half pivots put 6 more between them. That's 13 places to fade, and the play at each one is the same shape: bounce toward the next half pivot, stop past the one behind you. Enter yesterday's high, low and close, today's price and the ATR, and the generator finds the level price is working, writes the bounce play with entry, stop and 2 targets, and writes the break play for when the level gives. The pivots are the classic floor formula: PP = (H + L + C) / 3, R1 = 2PP − L, S1 = 2PP − H, R2 = PP + (H − L), S2 = PP − (H − L), R3 = H + 2(PP − L), S3 = L − 2(H − PP). Half pivots are the midpoints, the way floor traders marked them before screens.

How it writes the play. The 7 floor pivots and the 6 half pivots between them make a 13-rung ladder. The nearest rung to price is the working level. Inside 0.15 ATR of it: at the level, and the bounce play is live. Inside 0.5 ATR: approaching, the play is written and waits for the tag. Further: between levels, wait. Bounce play: entry at the level, stop 0.25 ATR past the next rung beyond it (so a poke through the level doesn't take you out, a trade to the next level does), T1 the next rung toward the pivot, T2 the rung after that. Break play: a close through the level, entry at the level, stop back at the rung you came from, target the next rung in the direction of the break. At the central pivot itself the bounce goes with the side price came from. The ladder shows every rung with its distance from price in ATR. Keyboard: Enter writes, 1 to 3 load the examples.

Educational tool only, not financial advice. Pivot levels work because enough people watch them, and they stop working the day everyone does. Bounce off a level with a rejection bar behind you, not because the calculator drew a line there.

Built by Jason Parker, founder of Trading Ranges.