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ATS Technical Analysis Software

Pivots N-Monthly

NT 8

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​​​​​​Indicator Description:
The N-Monthly pivots are calculated from the high, low and close of the chosen N month session (monthly, bimonthly, quarterly, semiannual, annual). This information is available prior to the start of the current N month session and does not change throughout its course.


Session Pivots are a well known trading technique used by market makers and were frequently used by local pit traders to calculate intraday support and resistance points. The technique has been around for decades, and because of its simplicity and efficiency, it is still in use today. The N-Monthly Pivots display GLOBEX (ETH) pivots, calculated from the high, low and close of the past week’s full session. If you want to display floor pivots (high, low and close of the past N-month’s regular session), please refer to the premium version.

The indicators should only be used with trading times that reflect the contractual settings of the instruments. In the event that your data provider supplies the settlement price for futures, the indicators have an option to use the settlement price instead of the regular close.

The N-Monthly Pivot indicator is used to display the main pivot as well as the central pivot and directional pivot, in addition to 4 major support and resistance levels. The indicator also comes with an option to display mid-levels pivots. Furthermore, you may choose between four (4) different formulas, namely Floor Pivots, Wide Pivots, Jackson Zones and Fibonacci Pivots.

RISK DISCLOSURE:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.


HYPOTHETICAL PERFORMANCE DISCLAIMER:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.


ADDITIONAL DISCLAIMER:

​Advanced Trading Signals, LLC, also known as www.AdvancedTradingSignals.com assumes no responsibility for your trading results. Past performance does not guarantee future performance and Advanced Trading Signals does not make any performance representations or guarantees.  Any chart or trading demonstration produced by Advanced Trading Signals representing trades and using the ATS methods on the www.advancedtradingsignals.com website or in any advertisement, seminar, brochure, magazine or online demonstrations are to be considered hypothetical trades for educational purposes only.  No trading system can guarantee profits.  Hypothetical trading results can be unreliable.