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Pivot Point Scan

Written by Administrator Tuesday, 22 January 2008 10:00
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Pivot Point scan

The Pivot Point scan searches for a specific bar pattern, pivoting either in a low or high direction.

These settings would scan for when a bar's low is lower than the low of the previous bar, and lower than the low of the next bar. The Pivot Point scan would be applied to a Daily chart.

 

The date showed in the Scanning Manager will be for this bar.

  

Actual Pivot Point Bar

Type

 

             Pivot Low Point:               Select this option to scan for when the low of a bar is lower than the low of the previous and next bar.

             Pivot High Point:             Select this option to scan for when the high of a bar is higher than the high of the previous and next bar.

Last modified on Thursday, 09 October 2008 10:00