PRESENTS

PROPRIETARY TRAINING
with Frank Ochoa, AKA PivotBoss
Author, Secrets of a Pivot Boss
 PRESENTS

PROPRIETARY TRAINING
PIVOTBOSS PIVOTS
with Frank Ochoa, AKA PivotBoss
Author, Secrets of a Pivot Boss
 PB PIVOTS: INTRODUCTION
PivotBoss Pivots are price-based pivots that offer a powerful way to Analyze, Forecast,
and Trade ANY market in ANY timeframe with just ONE indicator. PivotBoss Pivots are
incredibly powerful and accurate because big-money market participants engage these
levels in various ways, including deploying algorithms and programs at these prices.
Why Do PivotBoss
A POWERFUL TOOL VERSATILITY Pivots Work?
1. Perfect for all traders from scalpers to Price-Based, Market- Because algorithms
investors, and works on all instruments Generated Pivots and programs are
2. Scalable to all timeframes from daily
designed to trade them.
and weekly pivots to any user-defined timeframe Self-Adjusts to the Markets
Savvy traders, from Floor
3. Great tool for all market personalities Current Volatility Traders to Institutional
from trading range markets to trending markets, Traders, have been using
to forecasting breakouts Leading Indicator Zero Lag key levels like the Previous
4. Perfectly suited for multiple timeframe HLC to trade for decades.
analysis find high-probability opportunities at Scalable to All Timeframes
When programs and
multiple-timeframe confluence zones and Instruments algorithms began to be
5. Easily programmable into any platform developed, trading rules
perfect for building automated signals, Provides an Array of Analytical based off these key levels
scans, and strategies Uses Pivot-Based Analysis were introduced.
 PivotBoss
PB PIVOTS: CALCULATIONS
PivotBoss Pivots are price-based pivots that oer a powerful way to Analyze,
PIVOTS Forecast, and Trade ANY market in ANY timeframe with just ONE indicator!

} {
Price-Based, R100 R100 = prevHI + (prevHI - prevLO)
Market-Generated
R75 R75 = prevHI +((prevHI - prevLO) x .75)
Targets

R50 EXTENSTIONS
R50 = prevHI + ((prevHI - prevLO) x .50)
Program/Algo-
Driven Levels
R25 R25 = prevHI +((prevHI - prevLO) x .25)

} {
Leading Indicator prevHI prevHI = Previous High Price
Zero Lag
prevCL prevCL = Previous Close Price
TP PREVIOUS TP = PP + (PP - BP)
Self-Adjust to the RANGE PP = (prevHI + prevLO + prevCL) / 3
PP
Markets Current
BP DATA BP = (prevHI + prevLO) / 2
Volatility

prevLO prevLO = Previous Low Price

Scalable to All

} {

Timeframes and S25 S25 = prevLO - ((prevHI - prevLO) x .25)

Instruments

S50 S50 = prevLO - ((prevHI - prevLO) x .50)

Provides an Array
EXTENSTIONS
S75 S75 = prevLO - ((prevHI - prevLO) x .75)
of Analytical Uses
S100 S100 = prevLO - (prevHI - prevLO)
 PB PIVOTS: CALCULATIONS
PivotBoss Pivots are price-based pivots that offer a powerful way to Analyze,
Forecast, and Trade ANY market in ANY timeframe with just ONE indicator!

} {
R100 R100 = prevHI + (prevHI - prevLO)
Price-Based, R75 R75 = prevHI +((prevHI - prevLO) x .75)
Market-Generated Extensions
Pivots R50 R50 = prevHI + ((prevHI - prevLO) x .50)
R25 R25 = prevHI +((prevHI - prevLO) x .25)

} {
Self-Adjusts to the
Markets Current prevHI prevHI = Previous High Price
Volatility prevCL prevCL = Previous Close Price
TP Previous TP = PP + (PP - BP)
Leading Indicator PP PP = (prevHI + prevLO + prevCL) / 3
Range Data
Zero Lag BP BP = (prevHI + prevLO) / 2
Scalable to All prevLO prevLO = Previous Low Price

} {
Timeframes and
S25 S25 = prevLO - ((prevHI - prevLO) x .25)
Instruments
S50 S50 = prevLO - ((prevHI - prevLO) x .50)
Provides an Array Extensions
S75 S75 = prevLO - ((prevHI - prevLO) x .75)
of Analytical Uses
S100 S100 = prevLO - (prevHI - prevLO)
 PB PIVOTS: ANALYSIS
PivotBoss Pivots are extremely VERSATILE, and adhere to the principles of Pivot-
Based Analysis. Mastering these forms of analysis allows traders to FORECAST and
PREDICT future price direction and behavior with greater accuracy.

PIVOT-BASED ANALYSIS RTH VS ETH

1. VALUE RELATIONSHIP ANALYSIS Allows traders to identify certain They both work equally well;
value relationships in the market that suggest certain future outcomes some algos trade off RTH,
2. PIVOT TREND ANALYSIS Allows traders to identify the current primary and some trade ETH pivots
trend, if any, along with providing guidelines for engaging that trend
ETH pivots tend to be a bit
3. PIVOT WIDTH ANALYSIS Allows traders to forecast trading range
wider than RTH pivots
markets and markets that will see increased volatility and/or expansion
4. PRICE FORECASTING Allows traders to forecast prices in a consistent I prefer using RTH data for
manner, while taking into consideration recent volatility and trend bias Daily pivots
5. MULTIPLE TIMEFRAME ANALYSIS Allows traders to perform a I prefer using ETH data for
consistent approach to analyzing all timeframes with one tool
Weekly and Monthly pivots
6. CONFLUENCE ANALYSIS Allows traders to identify prices that may
experience increased market activity due to a confluence of pivot-based levels Pick a side and stick to it
 PB PIVOTS: SETUPS
PivotBoss Pivots offer an array of trading opportunities, all of which are scalable to all
timeframes. The best opportunities occur as a result of READING THE AUCTION at these pivots.

SPOTTING SETUPS AND TENDENCIES

1. Trade Bull and Bear Traps at Previous HLC Look to fade trapped market participants at Previous HLC
REJECTIONS levels. These prices reveal the RAW AUCTION and market participants will look to engage these first.
2. Fade 25% Expansion Levels on First Test Look to fade 25% Expansion Levels on first test, especially when
Box Reversals a trading range market is forecasted. Since this level is used as a profit target, swift reversals usually occur at this
level, which invites counter-trend traders. (Read the Auction for confirmation - dont guess!)
1-Tick Reversals 3. Defend FIRST Retest of the Previous H/L After a Move to the 25% Expansion Level Swift reversals
occur off this level due to market participants defending the initial expansion, and due to counter-trend traders taking
Absorption profits after the 25% Fade.
Signatures 4. Play for Expansion When the Pivot Range is NARROW When the width of the Pivot Range is less than
65% of its average width over a given period of time, an increase in volatility should be expected, with increased
Kurtosis likelihood of expansion and price discovery.
5. Fade NEW HIGHS and NEW LOWS When the Pivot Range is WIDE When the width of the Pivot Range
Bid-Bid is greater than 125% of its average width over a given period of time, volatility is likely dropping, thus increasing the
likelihood that the market is transitioning to a trading range phase. Look to fade the edges of the range, preferably at
Offer-Offer new highs and lows.
6. Look to Defend Reversals to the Pivot Range During Trending Markets In an uptrending market,
Rounded Tops responsive bulls will look to defend pullbacks to the Pivot Range; while responsive bears will defend pullbacks to the
& Bottoms Pivot Range in a downtrending market.
7. Change of Bias Make it a habit to look for signs that the bias of the trend is changing, as recognizing the early
Wedges stages of a change in trend can be highly profitable.
 PRESENTS

PROPRIETARY TRAINING
PIVOTBOSS BANDS
with Frank Ochoa, AKA PivotBoss
Author, Secrets of a Pivot Boss
 PB BANDS: INTRODUCTION
PivotBoss Bands offer a powerful way to Analyze, Forecast, and Trade ANY market in ANY
timeframe with just ONE indicator. PivotBoss Bands reveal hidden areas of support
and resistance that big-money market participants engage via the use of programs and
algorithms that are designed to execute at these levels.
Why Do PivotBoss
A POWERFUL TOOL VERSATILITY Bands Work?
1. Perfect for all traders from scalpers to Price-Based, Market-
Because algorithms and
active investors, and works on all instruments Generated Bands programs are designed
2. Scalable to all timeframes from daily,
to trade them.
weekly, monthly, and quarterly VWAP and Bands Program/Algo-Driven Levels
It is estimated that upward of
3. Great tool for all market personalities
90% of all Program and
from trading range markets to trending markets, Self-Adjust to the Markets
Algorithmic trading activity
to forecasting breakouts Current Volatility
incorporate the use of VWAP
4. Perfectly suited for multiple timeframe
in their analysis and
analysis find high-probability opportunities at Scalable to All Timeframes
execution logic. In addition,
multiple-timeframe confluence zones and Instruments
standard deviation-based
5. Easily programmable into any platform
algos will also execute off
perfect for building automated signals, scans, Provides an Array of Analytical
Uses Value-Based Analysis these levels.
and strategies
 PB BANDS: VWAP
Volume-Weighted Average Price (VWAP) reveals where the average trader bought and sold during
the session, thus revealing fair value in real-time. VWAP has been used as an industry benchmark by
professionals for a long time, and is estimated to be used in upwards of 90% of active algorithms.

Number of Shares Bought * Share Price

VWAP Total Shares Bought

VWAP Has been used by professionals and institutions as a major benchmark for decades

MATRIX
It is estimated that VWAP is used in over 90% of live algorithms that engage the market
VWAP reveals fair value for a given session, week, month, or quarter, depending on the
indicator you use
The VWAP Matrix provides the Rules of Engagement for using VWAP in your trading.

BIDDING 1. BUY BELOW VWAP = PROFITABLE TRADE

2. BUY ABOVE VWAP = AGGRESSIVE BUYING
3. SELL ABOVE VWAP = PROFITABLE TRADE
STRATEGIES 4. SELL BELOW VWAP = AGGRESSIVE SELLING
 PB BANDS: Standard Deviation
Standard Deviation shows the distribution from the mean over a number of
occurrences, which tells us how likely it is for a value to fall within a given range. This
information can be extremely important to determining when price is over- and undervalued,
and when price is ripe for mean reversion.
Standard Deviation shows variation of data
Standard Deviation is the square root of the variance
SD
If the data is close together, standard deviation will be small
If the data is spread out, standard deviation will be large
Allows you to build in probability distribution into your tools
1 Standard Deviation = 68.2%
(~2/3 of the time, price will fall within this range)

2 Standard Deviations = 95.4%

(ie: ~95% of the time, price will fall within this range)

3 Standard Deviations = 99.7%

(ie: ~99% of the time, price will fall within this range)
 PivotBoss
PB BANDS: CALCULATIONS
PivotBoss Bands is a powerful indicator that offers a proprietary approach to
BANDS creating Standard Deviation Bands based off of Volume-Weighted Average
Price (VWAP), which allows you to Analyze, Forecast, and Trade ANY market in
Price-Based, ANY timeframe with just ONE indicator!
Market-

} {
R3 R3 = VWAP + STD(ABS(VWAP - CL), 300) x 3
Generated Bands

R2
ABOVE R2 = VWAP + STD(ABS(VWAP - CL), 300) x 2
Program/Algo- VALUE
R1 R1 = VWAP + STD(ABS(VWAP - CL), 300)
Driven Levels

} {
Self-Adjust to the
Markets Current VWAP
FAIR VWAP = Volume-Weighted Average Price
Volatility
VALUE
Scalable to All

} {
Timeframes and S1 S1 = VWAP - STD(ABS(VWAP - CL), 300)
Instruments

S2
BELOW S2 = VWAP - STD(ABS(VWAP - CL), 300) x 2
Provides an Array
VALUE
S3 S3 = VWAP - STD(ABS(VWAP - CL), 300) x 3
of Analytical Uses
 PB BANDS: CALCULATIONS
PivotBoss Bands is a powerful indicator that offers a proprietary approach to
creating Standard Deviation Bands based off of Volume-Weighted Average
Price (VWAP), which allows you to Analyze, Forecast, and Trade ANY market in
Price-Based, ANY timeframe with just ONE indicator!
Market-

} {
R3 R3 = VWAP + STD(ABS(VWAP - CL), 300) x 3
Generated Bands
ABOVE
R2 R2 = VWAP + STD(ABS(VWAP - CL), 300) x 2
Program/Algo- VALUE
R1 R1 = VWAP + STD(ABS(VWAP - CL), 300)
Driven Levels

} {
Self-Adjust to the
Markets Current FAIR
VWAP VWAP = Volume-Weighted Average Price
Volatility
VALUE

Scalable to All

} {
Timeframes and S1 S1 = VWAP - STD(ABS(VWAP - CL), 300)
Instruments
BELOW
S2 S2 = VWAP - STD(ABS(VWAP - CL), 300) x 2
VALUE
Provides an Array S3 S3 = VWAP - STD(ABS(VWAP - CL), 300) x 3
of Analytical Uses
 PB BANDS: ANALYSIS
PivotBoss Bands are extremely VERSATILE, and adhere to the principles of Value-
Based Analysis. Mastering these forms of analysis allows traders to FORECAST and
PREDICT future price direction and behavior with greater accuracy.

VALUE-BASED ANALYSIS RTH VS ETH

1. VALUE RELATIONSHIP ANALYSIS Allows traders to identify certain
value relationships in the market that suggest certain future outcomes
They both work equally well;
2. PIVOT TREND ANALYSIS Allows traders to identify the current primary some algos trade off RTH,
trend, if any, along with providing guidelines for engaging that trend and some trade ETH
3. PIVOT WIDTH ANALYSIS Allows traders to forecast trading range
markets and markets that will see increased volatility and/or expansion ETH bands tend to be a bit
4. PRICE FORECASTING Allows traders to forecast trading range, wider than RTH bands
trending, and breakout markets I prefer using ETH data for
5. MULTIPLE TIMEFRAME ANALYSIS Allows traders to perform a PivotBoss Bands
consistent approach to analyzing all timeframes with one tool
6. CONFLUENCE ANALYSIS Allows traders to identify prices that may
Pick a side and stick to it
experience increased market activity due to a confluence of pivot-based levels
 PB BANDS: SETUPS
PivotBoss Bands offer an array of trading opportunities, all of which are scalable to all
timeframes. The best opportunities occur as a result of READING THE AUCTION at these levels.

SPOTTING SETUPS AND TENDENCIES

1. Trending Market Look to defend pullbacks to VWAP when it is sloping at 45 (up or down)
REJECTIONS 2. Trading Range Market Look to Fade the Edges (AKA Fade New Highs/New Lows)
when VWAP is flat/horizontal
3. PB Max Reversal When price closes outside the 3rd SD Band, and then closes back
Box Reversals inside SD3, look to fade price back to VWAP (Value), with a shot at returning price across Value
to the opposite SD3 band
1-Tick 4. PB Pinch When the 3rd SD Bands begin to pinch (converge) significantly, expect a major
expansion event ahead, as the market shifts to a price discovery phase
Reversals
5. Defend Pullbacks to SD3 During Price Discovery Phases When the market
Absorption maintains acceptance outside of the 3rd SD Band, a price discovery phase is likely underway.
Look to defend pullbacks to the SD3 for short term buy the dip, and sell the rip opportunities
Signatures 6. Look for Trapped Participants at VWAP (ie: Box Reversals) Market participants will
Change of look to gain control of VWAP throughout an Auction. Look for signs of trapped aggressive
participants, as these participants can lead to great momentum moves to the outer Bands.
Bias 7. Change of Bias Market participants will continue to control VWAP (Value) until signs of
rejection begin to emerge. Failed new Highs/Lows, or 1-tick rejections can lead to major Change
of Bias events for VWAP-based programs and aglos.
 PRESENTS

PROPRIETARY TRAINING
PIVOTBOSS ADR METHOD
with Frank Ochoa, AKA PivotBoss
Author, Secrets of a Pivot Boss
 PRESENTS

PROPRIETARY TRAINING
PIVOTBOSS ADR METHOD
with Frank Ochoa, AKA PivotBoss
Author, Secrets of a Pivot Boss
 PB ADR: INTRODUCTION
The PivotBoss ADR Method offers a complete approach to analyzing the volatility for a
given market in multiple timeframes, from measuring average range to forecasting
accurate targets and triggering trade opportunities, using two PivotBoss Proprietary tools
The Advanced ADR Indicator and The ADR Targets Indicator.
Why Does The
POWERFUL TOOLS VERSATILITY ADR Method Work?
1. Perfect for all traders from scalpers to Because by measuring
Price-Based, Market-Generated
active investors, and works on all instruments the markets current
2. Scalable to all timeframes from daily, Analysis and Levels volatility, were then
weekly, monthly, and user-defined ADR Levels Program/Algo-Driven Levels able to accurately
3. Great tool for all market personalities forecast future volatility
from trading range markets to trending markets, Self-Adjust to the Markets and, in turn, accurate
to forecasting transitions between markets Current Volatility price targets and trade
4. Perfectly suited for multiple timeframe opportunities.
Scalable to All Timeframes and
analysis measure average price range, Algorithms and Programs
volatility, and targets in multiple timeframes Instruments are programmed to trade
5. Easily programmable into any platform Provides an Array of Analytical volatility-based events and
perfect for building automated signals, Uses Volatility-Based Analysis key levels that are derived
scans, and strategies from ADR.
 PB ADR: ANALYSIS
The PivotBoss ADR Method is extremely versatile, and allows for an array of analytical
methods, including Volatility-Based Analysis. Mastering this form of analysis allows traders
to FORECAST and PREDICT future volatility, targets, and trade opportunities.

VOLATILITY-BASED ANALYSIS Compression/

1. LOW VOLATILITY STATE A market phase in which average price range is low, which Expansion
can suggest range-bound, balanced markets. Price range during this time is generally lower The development of
than average. A low volatility state usually transitions to a high volatility state.
trading ranges
2. TRANSITION TO HIGH VOLATILITY STATE The first day a market begins to (Compression) builds the
transition from a low volatility state to a high volatility state is typically a high-range day with an
energy that will lead to the next
ADR reading of over 150% of its 10-day average. More days of similar magnitude follow, as
the market transitions to more to a higher volatility state. phase of price discovery
(Expansion). The more
3. HIGH VOLATILITY STATE A market phase in which average price range is high, which
can suggest a price-discovery phase or a panicked market. Price range during this time is
positions that build up in an
generally higher than average. A high volatility state usually transitions to a low volatility state. area, the bigger the price move
will be once one side bails out
4. TRANSITION TO LOW VOLATILITY STATE The market typically transitions from a
high-volatility state to a low-vol state after a major surge in ADR is seen, usually upon the
of their trades. The resulting
completion of an impulse move. Once the new range is set, expect low-volatility trading to setmove is either a Short Squeeze
in as the market digests new pricing. or Long Liquidation.
 ANALYSIS: ADR Method Snapshot
The ADR Method offers a complete approach to forecasting accurate, multiple timeframe
targets for any instrument using average range, and also includes the ability to forecast trades.
1. Daily ADR is forecasted from the sessions High and Low
ABOUT ADR 2. Weekly AWR is forecasted from the weeks High and Low
1. Utilizes average price range 3. Monthly AMR is forecasted from the months High and Low
2. Self-adjusts to market volatility
4. Compression <65% of Average Range suggests compression
3. Provides a consistent method
to forecasting targets 5. Expansion >125% of Average Range suggests expansion
4. Provides bull and bear targets 6. Increasing Volatility >200% of Average Range suggests increasing volatility
5. Provides targets for multiple
timeframes ADR Targets are layered in a way that allows us to focus on certain price levels with
6. Can be applied to any trading confidence due to our understanding of how likely it is that price will reach each level.
instrument
7. Helps anticipate price behavior,
1. ADR Scaling Target 50% of average range (>90% accuracy)
via expansion and compression 2. ADR Primary Target 75% of average range (>80% accuracy)
8. Provides a versatile, built-in 3. ADR Secondary Target 100% of average range (>50% accuracy)
trade management approach 4. ADR Extended Target 125% of average range (<50% accuracy)
Advanced ADR Basic ADR Reading
Current 1-Day
Range Analysis
Current 5-Day
Range Analysis
Indicator Settings (1, 10, 1.25, 0.65, 10) (1, 1, 1.25, 0.65, 10) (5, 1, 1.25, 0.65, 10)
 PB ADVANCED ADR: CALCULATIONS
PivotBoss The PivotBoss Advanced ADR Indicator is a powerful tool that allows you to measure
ADR METHOD and quantify the volatility of the current market by simply using Average Range. This tool
is unique in that it can help you forecast targets and provide trade opportunities.
Price-Based,
Market-Generated
Analysis Targets
WideRange = AvgRange x 1.25

.......
.. ... .
Program/Algo- AvgRange = AVERAGE((H - L), 10)
Driven Levels

.. ... NarrowRange = AvgRange x 0.65

Leading Indicator
Zero Lag
.. AdvancedADR = ((H - L), Periods)

Self-Adjust to the
Markets Current 1. MEASURE AVERAGE RANGE Allows you to measure average range for any timeframe
Volatility
2. FORECAST TARGETS Allows you to forecast accurate, multiple timeframe targets
3. MEASURE COMPRESSION Allows you to measure when price is compressed, which
Scalable to All allows you to predict future volatility and expansion
Timeframes and
4. FORECAST VOLATILITY Allows you to accurately forecast an increase in future volatility
Instruments

5. FORECAST EXPANSION Allows you to forecast when price is due for expansion
Provides an Array 6. FORECAST FADE OPPORTUNITIES Allows you to time fade opportunities
of Analytical Uses
 PB ADR TARGETS: CALCULATIONS
PivotBoss The PivotBoss ADR Targets Indicator is a powerful tool that forecasts accurate,
ADR METHOD multiple timeframe targets using Average Range. These targets self-adjust to the
markets current volatility, and provide traders with reliable, probability-based targets.
Price-Based,
Market-Generated
Analysis Targets
BULL TARGETS BEAR TARGETS
Program/Algo-
Driven Levels
R125 R125 = L + (ADR x 1.25) H H = Current High (Period)
Leading Indicator R100 R100 = L + ADR
Zero Lag

R75 R75 = L + (ADR x .75)

Self-Adjust to the S50 S50 = H - (ADR x .50)
Markets Current R50 R50 = L + (ADR x .50)
S75 = H - (ADR x .75)
S75
Volatility

S100 S100 = H - ADR

Scalable to All
Timeframes and L L = Current Low (Period) S125 S125 = H - (ADR x 1.25)
Instruments

ADR = 10-Period Average Range

Provides an Array 50% = Scaling Target 100% = Secondary Target
(H-L) for a given period of time
of Analytical Uses 75% = Primary Target 125% = Extended Target
(Daily, Weekly, Monthly, etc.)
 PB ADR: VOLATILITY-BASED ANALYSIS
Volatility-Based Analysis measures the speed of a market in order to forecast
future volatility and price behavior. Mastering this form of analysis allows traders to
FORECAST and PREDICT future volatility and, in turn, targets and trade opportunities.
VOLATILITY measures the speed of a market
WHY IS VOLATILITY VOLATILITY represents a rate of return
VOLATILITY says nothing about direction
IMPORTANT? VOLATILITY represents a combination of positive and negative rates of return
Learning to measure VOLATILITY VOLATILITY is proportional to the square root of time
is important because knowing a CALCULATING HIGH LOW
markets current speed (or pace/
tempo), can help traders forecast VOLATILITY VOLATILITY VOLATILITY
future prices and price behavior. There are a variety of ways to Markets that move fast are Markets that move slowly are
calculate volatility High Volatility Low Volatility
Knowing whether a market is
experiencing a low-volatility or high- Typical calculations include a Odds favor extreme price Odds favor bracketed,
price interval and the
volatility state allows traders to position movement restricted price movement
historical period to be
themselves accordingly. Look for measured Place profit targets farther out Place profit targets closer in
bigger price swings in High High-volatility states lead to Low-volatility states lead to
Longer periods tend to yield
Volatility markets, and smaller price an average volatility low-volatility states high-volatility states
swings in Low Volatility markets.
Shorter periods tend to reveal Look to fade the end of a Look for eventual expansion
unusual extremes in volatility high-volatility move from a low-volatility state