• Overview
  • Reviews (11)
  • Comments (3)

Find Pivot Point Reversal

The Pivot Points Reversal Price Action pattern consists of three bars. It appears, as a rule, after a fast trend.

In the bearish pattern, the price goes up and reaches a new maximum. The next bar whose high is lower than that of the previous bar closes below its minimum.

In the bullish pattern, the price goes down and reaches a new minimum. The minimum of the next bar does not exceed the minimum of the previous bar and closes above its maximum.

This indicator finds the Pivot Points Reversal patterns on the chart and displays them.

The indicator signals should not be taken literally. The same pattern can signal a reversal of the current trend or the completion of correction and the continuation of the movement.

The indicator has six adjustable parameters, that are related to the display style of the found patterns:

  • Draws patterns - whether to provide a graphic representation of the pattern.
  • The color of pattern up - color of the graphic objects for long.
  • The color of pattern dn - color of the graphic objects for short.
  • Frame or Fill patterns - whether to fill the pattern with a color or outline it.
  • Width of the frame pattern - pattern border size, if Frame parameter is selected.
  • Style frame line - style of the pattern frame line
Reviews 11
Lenni
175
Lenni 2020.09.06 16:07 
 

Превосходно! Придется прикупить версию с алертами))

aworth55
100
aworth55 2019.06.18 15:34 
 

Best pivot indicator I could find.

Ali irwan
5136
Ali irwan 2017.07.19 16:26 
 

great work..

Thank for share

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Lenni
175
Lenni 2020.09.06 16:07 
 

Превосходно! Придется прикупить версию с алертами))

Maurício Ferrari
86
Maurício Ferrari 2019.06.22 02:40 
 

User didn't leave any comment to the rating

aworth55
100
aworth55 2019.06.18 15:34 
 

Best pivot indicator I could find.

[Deleted] 2019.01.07 17:52   

User didn't leave any comment to the rating

Gennadiy Voltornist
12010
Gennadiy Voltornist 2017.11.26 19:55 
 

User didn't leave any comment to the rating

Daniel Andrejczuk
5716
Daniel Andrejczuk 2017.11.09 02:46 
 

User didn't leave any comment to the rating

Ali irwan
5136
Ali irwan 2017.07.19 16:26 
 

great work..

Thank for share

kubn2
672
kubn2 2016.12.12 15:46 
 

useless

Micaela Suter
332
Micaela Suter 2016.07.06 13:49 
 

Many thanks

Nork
6205
Nork 2016.03.24 12:25 
 

nice

Rodrigo da Silva Boa
7196
Rodrigo da Silva Boa 2016.01.17 00:31 
 

User didn't leave any comment to the rating