Pivot cycles - JD

٥ فبراير ٢٠١٩This indicator tells you how many bars it takes to get from one pivot point to another.
This can give you a probability of when an upward or downward pivot is 'overdue'.

As is the nature of pivot points, this naturally lags by default by half of the pivot length!!
eg. if the pivot length is set to 6 the indicator will give you the pivot point 3 bars later.


JD.

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