Pivot Low: Difference between revisions
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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. | 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 cyan dot is placed at the Low of the bar when the low price of that bar is below the low | Pivot Low indicator identifies low pivot points. A cyan dot is placed at the Low of the bar when the low price of that bar is below the low prices of a number of previous bars (specified in LeftStrength input) and a number of subsequent bars (specified in RightStrength input). | ||
== Default Inputs == | == Default Inputs == |