Widely known as pivot points system.
Caution: This indicator works well in non trending shares only. In trending shares, using this indicator for entry/exit decisions in not recommended. In such case use Parabolic SAR.
Use "Welles Wilder's ADX" for trend determination.
Hint: If share price opens below "Pivot Point" there are more chances that you will get the "Buy Point" first and vice versa.
Disclaimer: Stock market is a risky place and trading based on this indicator is totally on your own risk. We assume absolutely no responsibility if you bear losses in your trading.