Camarilla Pivot Points are calculated with a different formula as compared to the standard pivot points. You can download this Camarilla Pivot Points MT4 indicator FREE. Many pro traders claim that Camarilla Pivot Points are much more accurate as compared to the standard pivot points. The major difference between the 2 is one additional level of support and resistance S4/R4 that are calculated in Camarilla Pivot Points. If price closes below S3/R3, it means a retracement and if price closes above S3/R3, it means a breakout.
