Major Pivots

Major pivot charts connect major pivot highs with major pivot lows. Major pivots are defined as head and shoulder pivot points.

 

Major Pivots


This means that a major pivot high is a pivot high (b in the above diagram) that has a lower pivot high before it (A) and a lower pivot high after it (C). A major pivot low is a pivot low (b) that has a higher pivot low before it (A) and a higher pivot low after it (C).


Testing Dialog Box


Reference: This documentation.