Drop #2 sold out Still 20% off, uncapped payouts Code SALTI →

Floor pivot points: formulas and setup

The pit trader's map, with the math shown.

Salti Floor Pivots draws the classic pivot, three resistance and three support levels from the prior day's high, low and close. Weekly and monthly levels are a switch away. Every formula is on this page, so you know exactly where each line comes from.

Free for public use Exclusively on Hyperprop Chart overlay Futures & perps

Educational tool, not financial advice. Trading futures and crypto perpetuals carries substantial risk of loss. Pivots are arithmetic on yesterday's prices; they don't predict where price will turn. Full risk disclosures ↓

Salti Floor Pivots on an ES 15-minute chart in Hyperprop: P, R1 to R3 and S1 to S3 drawn off to the side past the last candle, each labeled with its price
Salti Floor Pivots on ES 15m in Hyperprop, Oct 28, drawn off to the side. Price is holding above P after the Oct 27 rally. Pivot Resistance Support
How it works

Yesterday's range, split into today's levels.

Floor pivots are what pit traders worked out before the open: the average of yesterday's high, low and close, and the range stacked above and below it.

The pivot is the average of the prior high, low and close. R1 and S1 mirror the prior low and high across the pivot. R2 and S2 sit one full prior-day range from the pivot. R3 and S3 are further out, for days that run.

The optional central pivot range adds TC and BC around the pivot. Traders often read a narrow range as a sign of a day that moves, and a wide one as a day that rotates.

The levels are fixed for the whole day once it starts. They don't repaint, and the same formula gives the same numbers on any platform that uses the same high, low and close.

P(H + L + C) / 3
R12P − L
R2P + (H − L)
R3H + 2(P − L)
S12P − H
S2P − (H − L)
S3L − 2(H − P)
BC(H + L) / 2,  TC = 2P − BC
Get the study

On the chart in four steps.

Daily pivots need an intraday chart. Weekly and monthly work on a daily chart too.

  1. Find it in the community

    It's free. In the Hyperprop web terminal, open the community indicators and search for Salti Floor Pivots.

  2. Add it as an overlay

    It draws on the price chart. Your indicators sync to your other devices, including mobile.

  3. Pick which day it uses

    Open its settings from the chart legend. Day runs defaults to the full futures day, 18:00 to 17:00 New York. Pick RTH to build the levels from the 09:30 to 16:00 session only.

  4. Test it in replay

    Set Past periods to draw to 10 or so, press Replay, and watch how price behaved around each day's levels before you trust them.

Reading the levels

What each line is, and how it's often read.

Colors shown are the defaults. Weekly levels are labeled W, monthly M.

P

The pivot. Yesterday's average price. Often read as the day's balance line: holding above it leans one way, below it the other.

R1 / S1

The first levels out. Often read as the first targets either side of the pivot. A clean break and hold beyond one is often read as a bigger day starting.

R2 / S2

A full range from the pivot. Reaching them means the day has already covered about as much ground as yesterday did.

R3 / S3

Extended levels. Mostly reached on trend days and news days. Price here is stretched relative to yesterday.

TC / BC

Central pivot range. A band around the pivot. Its width compared with recent days hints at whether today is set up to trend or rotate.

Settings

Every setting, and when to touch it.

The same placement options as Salti MGI, so the two can sit side by side.

Which high, low and close the levels use.

Day runs decides what counts as yesterday. The full futures day matches a daily candle on most platforms. RTH uses only the 09:30 to 16:00 session, which many index futures traders prefer. Crypto uses the UTC day.

Close used decides which close the levels are built from. On futures it defaults to the 16:00 New York cash close, because futures keep trading until 17:00 and the last trade can sit a few points away. Pick Last trade of the day to use the final trade instead. Either way it’s a trade on the chart, not the exchange settlement price, so a level can differ by a tick or two from a platform that uses settlement.

Day runsAutoFutures day on futures, UTC day on crypto. Or RTH, UTC day, New York day.
Close usedAuto16:00 cash close on futures, last trade on crypto. Or always the last trade of the day.
Daily / Weekly / Monthly pivotsOn / Off / OffWeeks start Monday. Labels get a W or M in front.
Daily / Weekly / Monthly line styleSolid / Dashed / Dotted
Past periods to draw (0 = current only)0Raise it to see how earlier days' levels played out.
Free for public use

Free to use. Support is optional.

Salti Floor Pivots is free for anyone to use. If it helps and you'd like to show support, here are three ways.

Option 3 · Traders Launch · 20% off with SALTI

20% off with SALTI. Uncapped payouts.

TL Drop #2 sold out. Code SALTI still gets you 20% off any Traders Launch account at checkout.

TL Drop #2 sold out. Code SALTI still gets you 20% off at checkout; check Traders Launch's current accounts and rules before you buy. Evaluation and funded accounts are simulated.

Use code at checkout Get 20% off with SALTI →

Affiliate disclosure: I'm an affiliate partner of Traders Launch. If you sign up with code SALTI I may earn a commission, at no extra cost to you. The study stays free either way.

Risk disclosures

Read this before you trade.

Not financial advice

This page and the Salti Floor Pivots study are educational tools. Nothing here is investment, financial, tax or legal advice, or a recommendation to buy or sell any futures contract, perpetual swap or other instrument. Make your own decisions and consult a licensed professional where appropriate.

Risk of loss

Futures and crypto perpetuals involve substantial risk of loss and are not suitable for everyone. Leverage magnifies losses as well as gains, and you can lose more than your initial margin or account balance. Crypto markets trade around the clock, can move sharply, and are exposed to exchange, liquidity and funding-rate risk. Only trade with money you can afford to lose.

Study limitations

Pivot levels are arithmetic on the prior period's high, low and close. They describe yesterday, not today, and price can ignore every one of them. The close is a trade on the chart (the 16:00 cash close by default on futures), not the exchange settlement price, and the day setting changes every level, so numbers can differ from other platforms. A level that held on past days in replay may not hold the next time.

Hypothetical examples

The chart on this page is an illustration. Any results from testing, replay or simulated accounts are hypothetical, are made with the benefit of hindsight, and do not account for the emotional pressure of live trading. Past performance does not guarantee future results.

Affiliate disclosure

I'm an affiliate partner of Traders Launch. If you sign up with code SALTI I may earn a commission, at no extra cost to you. That relationship doesn't change the study, which is free for public use. Prop firm evaluations are paid challenges on simulated accounts; fees are generally non-refundable and most participants do not pass. Check a firm's current rules yourself before buying.

Prop firm and platform rules

If you trade an evaluation or funded account, that firm's rules on drawdown, daily loss, position size and prohibited strategies apply and are your responsibility. Hyperprop is a third-party platform, and its features, data and scripting rules can change without notice. Check that the study behaves as you expect before relying on it.