**Wilder(or Floor) Points**

There are many different ways to build Pivot Points, but the most famous are the

**Wilder(or Floor) Points**, which he first described in his book

**New Concepts in Technical Trading Systems(1978)**.

Over time, the level names began to look different compared to the original ones. Thus, now they are named and calculated like this:

- Pivot point P= (High+Low+Close)/3

- Resistance 1 R1=(P×2)−Low

- Resistance 2 R2=P+(High−Low)

- Support 1 S1=(P×2)−High

- Support 2 S2=P−(High−Low)

Relatively recently, I discovered a formula that allows to calculate any number of R & S points. This formula is implemented in the AllPivots indicator.

The Floor Trader Pivots for Tradestation you can find here.