Definitions
In plain terms
The detector mirrors the high rule using lows.
Technical
L_i < min(left lows) and L_i <= min(right lows), then the separation floor must pass.
Scope
A low pivot uses intrabar low, not necessarily the lowest close.
Formula
L_i < min(left lows) and L_i <= min(right lows)L_i<\min(L_{left}),\quad L_i\le\min(L_{right})| Symbol | Meaning | Unit |
|---|---|---|
L_i | candidate low | price |
Output unit: boolean event
Examples
- A reviewer computes Low Pivot on a small deterministic fixture and checks timing, units, and boundary behavior before publication.
Common misconceptions
- A low pivot uses intrabar low, not necessarily the lowest close.
Concept relationships
Prerequisites
Related
Required by
- Earliest-Plateau Equality
- Support/Resistance Clustering
- Same-Kind Level Clustering
- Log-Price Distance
- Epsilon Basis-Point Radius
- DBSCAN Neighborhood
- DBSCAN Core Point
- DBSCAN Border Point
- DBSCAN Noise Point
- Density Reachability Chain
- Minimum Touches
- Median Cluster Level
- Cluster Bounds
- Cluster Confirmation Cutoff
- Level Cluster Revision
- Price-Bin versus Density Clustering
Where this concept is used
Tutorials planned
These catalogued topics use this concept, but their complete build has not shipped yet.
- D08-F01-A01 Important
- D08-F01-A03 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.
