Definitions
In plain terms
It separates where a high or low happened from when enough later bars arrived to confirm it.
Technical
The selected variant uses asymmetric left/right spans, strict-left and inclusive-right plateau ownership, and a price-unit separation floor.
Scope
A pivot is geometry and timing evidence, not a reversal forecast or trade signal.
Formula
publish a high or low candidate only when its complete right neighborhood exists\operatorname{confirmation\_index}=\operatorname{event\_index}+R| Symbol | Meaning | Unit |
|---|---|---|
R | right span | bars |
Output unit: bar index
Examples
- A reviewer computes Causal Pivot Detection on a small deterministic fixture and checks timing, units, and boundary behavior before publication.
Common misconceptions
- A pivot is geometry and timing evidence, not a reversal forecast or trade signal.
Concept relationships
Prerequisites
Related
Required by
- Pivot Event Time
- ZigZag Segmentation
- ZigZag Reversal Fraction
- ZigZag Minimum Bar Separation
- ZigZag Provisional Endpoint
- ZigZag Confirmed Pivot
- ZigZag Searching State
- ZigZag Up Leg
- ZigZag Down Leg
- Inclusive Reversal Threshold
- Strict Extreme Update
- ZigZag Anchor
- ZigZag Alternation Invariant
- ZigZag Reset State
- ZigZag Repaint Scope
- Percentage versus Absolute ZigZag
- Robust Trendline Fitting
- Log-Price Trendline
- Two-Point Line Hypothesis
- Consensus Inlier
- Residual Tolerance
- Maximum-Consensus Selection
- Deterministic Trendline Tie-Break
- Locked Inlier Membership
- Log-Price OLS Refit
- Trendline Slope per Bar
- Trendline Intercept
- Median Residual BPS
- Projection at Requested Index
- Minimum Inlier Rule
- Trendline Extrapolation Scope
- Double Top
- Comparable Test Level
- Normalized Level Spread
- Opposing Trough Retracement
- Prior Rise Requirement
- Double Top Neckline
- Neckline Break
- Candidate Availability
- Pattern Confirmation Window
- Double Top Rejection Reason
- Double Bottom
- Comparable Bottom Level
- Opposing Peak Retracement
- Prior Decline Requirement
- Double Bottom Neckline
- Upside Neckline Break
- Bottom Candidate Availability
- Bottom Confirmation Window
- Double-Bottom Rejection Reason
- Double Top–Bottom Polarity
- Triple Top
- Three-Way Comparable Tests
- Triple Top Intervening Troughs
- Triple Top Retracement Minimum
- Triple Top Neckline Projection
- Triple Top Confirmation Break
- Triple Top Candidate Availability
- Triple Top Pivot Sequence
- Triple-Top versus Double-Top Distinction
- Triple Top Rejection Reason
- Triple Bottom
- Three-Way Comparable Lows
- Triple Bottom Intervening Peaks
- Triple Bottom Retracement Minimum
- Triple Bottom Neckline Projection
- Triple Bottom Confirmation Break
- Triple Bottom Candidate Availability
- Triple Bottom Pivot Sequence
- Triple-Bottom versus Double-Bottom Distinction
- Triple Bottom Rejection Reason
- Head and Shoulders
- Shoulder Level Comparability
- Head Dominance
- Head-and-Shoulders Pivot Sequence
- H&S Trough Neckline Anchors
- H&S Neckline Projection
- H&S Confirmation Break
- H&S Candidate Availability
- H&S Prior Rise Requirement
- H&S versus Triple Top
- Inverse Head and Shoulders
- Inverse Shoulder Comparability
- Inverse Head Dominance
- Inverse H&S Pivot Sequence
- Inverse H&S Peak Neckline Anchors
- Inverse H&S Neckline Projection
- Inverse H&S Confirmation Break
- Inverse H&S Candidate Availability
- Inverse H&S Prior Decline Requirement
- Inverse H&S versus Triple Bottom
Where this concept is used
- PrerequisiteDouble TopD08-F02-A01
- PrerequisiteDouble BottomD08-F02-A02
- PrerequisiteTriple TopD08-F02-A03
- PrerequisiteTriple BottomD08-F02-A04
- PrerequisiteHead and ShouldersD08-F02-A05
- PrerequisiteInverse Head and ShouldersD08-F02-A06
Tutorials planned
These catalogued topics use this concept, but their complete build has not shipped yet.
- D08-F01-A01 Primary
- D08-F01-A02 Prerequisite
- D08-F01-A04 Prerequisite
Evidence and governance
- Pine Script pivot techniques TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: The package freezes its own equality, separation, and OHLC policies rather than claiming one universal pivot definition.
- Pine Script repainting concepts TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: Platform display behavior does not establish financial usefulness or predictive value.
- scipy.signal.find_peaks SciPy · first party technical publication
Supports: preferred label, short definition, technical definition, formula
Limits: This retrospective signal function is not itself a causal OHLC pivot detector.
- Closing Price Investor.gov · official standard
Supports: preferred label, short definition, technical definition, formula
Limits: A close is not automatically an adjusted close and may vary by market session convention.
- Reviewed by
- fintech-builder-batch-011
- Last reviewed
- 2026-08-09
- Next review
- 2027-08-09
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.
