Properties

The above 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.

Type

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

Period Type

This setting sets the period type to use when calculating the Pivot Point. For example, by selecting Daily the pivot point will be calculated off a day bar period (a daily chart), if it was set to Weekly, it would be calculated off a Weekly bar period (a weekly chart). You can select from the following options.

• Daily
• Weekly
• Monthly
• Yearly