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When the price crosses above resistance level or below support level, a breakout occurs and a major price movement may be expected.
Pivot Low indicator identifies low pivot points. A red cyan dot is placed at the Low of the bar when the low price of that bar is below the low price prices of a number of previous bars (specified in LeftStrength input) and a number of subsequent bars (specified in RightStrength input).
== Default Inputs ==
'''RightStrength (3)''' - number of subsequent bars that must be greater than the pivot price.
[[File:Pivot-Low-indicator.png|700px|link=https://www.multicharts.com/trading-software/images/0/0b/Pivot-Low-indicator.png]]
[[Category:Pre-built Indicators]]
