Isolated Pivots

2021년 10월 31일

This script identifies potential price reversals at pivot high/low points using sets of 3 candles.

Pivot High: The middle candle must have a higher high and a higher low than the two outer candles.
Pivot Low: The middle candle must have a lower low and a lower high than the two outer candles.

Potential usage: When a market is moving higher in an uptrend, if a pivot low is identified then that might be a sign of price weakness.