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

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D08-F01-A01 Important

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.