FTB-C000590 / Implementation concept

Outside-Bar Dual Pivot

Outside-Bar Dual Pivot is the valid case where one wide OHLC bar emits both a high-pivot event and a low-pivot event.

Advanced 1 linked topicEvidence-reviewed

Definitions

In plain terms

The high and low branches are evaluated independently, so one bar may satisfy both.

Technical

A bar may satisfy both high and low inequalities; downstream code must preserve both events or apply an explicit resolution policy.

Scope

Silently dropping one branch loses information and changes later geometry.

Examples

  • A reviewer computes Outside-Bar Dual Pivot on a small deterministic fixture and checks timing, units, and boundary behavior before publication.

Common misconceptions

  • Silently dropping one branch loses information and changes later geometry.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Evidence and governance

  1. Pine Script pivot techniques TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition, variant distinction

    Limits: The package freezes its own equality, separation, and OHLC policies rather than claiming one universal pivot definition.

  2. Pine Script repainting concepts TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition, variant distinction

    Limits: Platform display behavior does not establish financial usefulness or predictive value.

  3. scipy.signal.find_peaks SciPy · first party technical publication

    Supports: preferred label, short definition, technical definition, variant distinction

    Limits: This retrospective signal function is not itself a causal OHLC pivot detector.

  4. Closing Price Investor.gov · official standard

    Supports: preferred label, short definition, technical definition, variant distinction

    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.

Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.