Advanced Camarilla Formula
Camarilla Advanced Calculator Formula Chart
How To Use Advanced Camarilla Calculator
Advanced Calculator For Algebra

The formula used in the calculation of Camarilla Pivot Points are:
R4 = C + RANGE * 1.1/2
R3 = C + RANGE * 1.1/4
R2 = C + RANGE * 1.1/6
R1 = C + RANGE * 1.1/12
PP = (HIGH + LOW + CLOSE) / 3
S1 = C - RANGE * 1.1/12
S2 = C - RANGE * 1.1/6
S3 = C - RANGE * 1.1/4
S4 = C - RANGE * 1.1/2
Where R1 through R4 are Resistance levels 1 to 4, PP is the Pivot Point, S1 through S4 are support levels 1 to 4, RANGE is the High minus the Low for the given time frame (usually daily). C stands for the Closing price.
Camarilla word definition: cam·a·ril·la. A group of confidential, often scheming advisers; a cabal.[Spanish, diminutive of cámara, room, from Late Latin camera. See chamber.]
A quote from Nick Stott who is allegedly the inventor of the Camarilla Equation:
Everyone asks me that. When I first started trading, I thought (as a lot of people do!) that the markets were controlled by a secret 'insiders club' of powerful organizations who manipulated prices for their own benefit. I remember that at the time I was smugly sure that this was so, and was excited to be joining (as I then thought!) this secret 'cabal'. Of course, as I learned more about the markets, I realized that this was nonsense, and that the markets are far too big to be effectively controlled, even by gigantic financial corporations. However, it still looked to me as though there was a pattern in what was supposed to be the 'random walk', a pattern that matched very closely what I imagined a 'secret society' would try to implement in order to maximize their revenues. The obvious conclusion, of course is that if you have enough participants, statistically they start to behave in broadly predictable 'over-ways', and this leads to the patterning that the equation is so good at predicting. The word 'Camarilla' is based on the Latin word for room (camera), and it means basically a small clique of 'advisers' who try to manipulate the person in power for their own ends. Frankly, it was just a joke, and I am always surprised at how seriously everyone took it.

Why is R1 less that the Pivot Point?

(Or why is S1 above the Pivot Point?)
To understand why this can happen we can use some simple math and the formula above. Let's take a contrived example:
High: 154
Low: 100
Close: 100
The Pivot Point is the average of those three numbers which is: 118.
R1 is R1 = C + RANGE * 1.1/12 which is:
100 + (154 - 100) * 1.1/12 which is 105. (Actually 104.95)
So the closer the Closing Price is to the High or Low and the greater the Range the higher the probability that R1/S1 will be on the 'wrong' side of the Pivot Point.
See also Classic Pivot Points and Woodie Pivot Points.

Advanced Camarilla Formula

You have probably heard about the 'Camarilla Equation' by now, and how Day Trading is made easier by it - allegedly a secret day trading formula that will help your day trading reach new heights of accomplishment, with the bare minimum of risk. Or so the story goes. But what about the reality? We have investigated the Camarilla Equation thoroughly, and can now report on the truth behind this amazing phenomenon.The first thing you should realise is that there are a number of different versions out there all confusingly called 'Camarilla'. Most are attempts by amateur traders on notice boards and such like to 'crack the secret' of the Equation, which are obviously worth what you pay for them (nothing!) and there are a few commercial websites offering a 'Camarilla Equation' all appearing to be based on different ideas and mathematics. The version we have had success with is the 'SureFireThing Camarilla Equation', discovered in 1989 by a semi-legendary bond trader called Nick Scott which is the only offering that has convinced us that the Equation works, and the only site that can offer any kind of explanation behind the phenomenon.

camarilla. cam·a·ril·la. A group of confidential, often scheming advisers; a cabal.[Spanish, diminutive of cámara, room, from Late Latin camera. See chamber.]

Discovered while day trading in 1989 by Nick Scott, a successful bond trader in the financial markets, the SureFireThing 'Camarilla' equation uses a truism of nature to define market action - namely that most time series have a tendency to revert to the mean. In other words, when markets have a wide spread between the high and low the day before, they tend to reverse and retreat back towards the previous day's close. The SureFireThing Camarilla Equation uses some complicated mathematics to pluck 8 levels out of thin air, using nothing more than yesterday's open, high, low and close. These levels are, frankly, astounding in their accuracy as regards day trading, even to seasoned traders, who know all about support and resistance, pivot points and so on. SureFireThing.com supply their online SFT Camarilla Equation calculator for day trading at probably the lowest cost available anywhere. There are a number of other commercial sites purporting to supply a 'Camarilla' equation, but we cannot vouch for any of them, as none would give us a free trial! There are also various free websites offering 'Camarilla' Equation calculations, usually based on fairly standard pivot points and so on. None of these produces the same results as the SureFireThing version, and trading with them must therefore be regarded as 'pot luck'.

If Price hit the H3 or L3 then open the trade against the trend. With stop loss H4 or L4. If Price hit the H4 or L4 then open the trade in the direction of the trend. With stop loss H3 or L3. Better approch will be apply the volatility method or Gann mid point method to identify the trend then use camarilla method for better success post your views to admin@smartfinancein.com to improve this tool. CONTACT / for online class நேற்று திறந்த, உயர், குறைந்த மற்றும் நெருக்கமான. The Advanced Camarilla Equation in calculates twelve levels of Intraday Support and Resistance. THE FINANCIAL DOCTORS: Advanced Camarilla Trading Calculator.

SureFireThing.com supply their online SFT Camarilla Equation calculator for day trading at probably the lowest cost available anywhere. There are a number of other commercial sites purporting to supply a 'Camarilla' equation, but we cannot vouch for any of them, as none would give us a free trial! Camarilla Calculator. Camarilla equation gives eight levels of intraday support from yesterday's high, low and close. There are 4 of these 'H' levels below yesterday's close, and 4 'L' levels above. They are numbered as H1, H2, H3, H4, L1, L2, L3, L4. The most important levels in the advanced Camarilla intraday trading are H3, L3, H4, L4 levels.

Camarilla Advanced Calculator Formula Chart

The SFT Camarilla Equation produces 8 levels from yesterday's open, high, low and close. These levels are split into two groups, numbered 1 to 4. The pattern formed by the 8 levels is broadly symmetrical, and the most important levels are the 'L3', 'L4' and 'H3', 'H4' levels. While day trading, traders look for the market to reverse if it hits an 'L3' or 'H3' level. They would then open a position AGAINST the trend, using a stop loss somewhere before the associated 'L4' or 'H4' level. The SFT theory suggests setting stoplosses that appear to you the trader to be prudent, and to not even open the trade until it has penetrated the level in the 'right' direction, i.e. demonstrated that it has found resistance (or support). In the case of the higher H3 level, this would mean that price had already reversed and pushed back down thru the level, heading south.

The second way to try day trading with the Camarilla Equation is to regard the 'H4' and 'L4' levels as 'breakout' levels - in other words to go WITH the trend if prices push thru either the H4 or L4 level. This essentially covers all the bases - Day Trading within the H3 and L3 levels enables you to capture all the wrinkles that intraday market movement throws up, and the H4 - L4 breakout plays allow the less experienced trader to capitalise on relatively low risk sharp powerful movements. Here's what it looks like in action:-