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Camarilla points

Camarillapoints was created by Slawomir Bobrowski “Stocks & Commodities V. 31:3 (10-15)”.
From the article:

Camarilla points are similar to pivot points,
but there are some differences. The concept is based on
the assumption that markets fluctuate about a point of balance
(referred to as a pivot). Eight basic points (levels of prices) are
calculated by camarilla formulas for a time frame of interest.
The inputs are the previous trading session’s high, low, and
close for the time frame you choose.

Slawomir Bobrowski

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