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What is Pivot Finder Formula for Trading Analysis about?

This document describes an algorithm for automatically identifying pivot points in stock price data. It uses a series of arrays and variables to track high and low values over a lookback period, identify trend changes, and mark pivot points. The algorithm loops through historical bars, compares highs and lows to the previous bars, and flags pivots when the trend changes from up to down or vice versa. It also includes additional logic to potentially identify missing pivots. Finally, it plots the identified p

Author

NishaMehta

Language

EN