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Pivot High

128 bytes added, 12:33, 7 December 2022
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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 High indicator identifies high pivot points. A red dot is placed at the High of the bar when the high price of that bar is greater than the high 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 lower than the pivot price.
[[File:Pivot-High-indicator.png|700px|link=https://www.multicharts.com/trading-software/images/f/f1/Pivot-High-indicator.png]]
[[Category:Pre-built Indicators]]