FTB-C000583 / Implementation concept

Pivot Confirmation Time

Pivot Confirmation Time is the first bar index at which the pivot can be published under the right-span rule.

Intermediate Formula defined 1 linked topicEvidence-reviewed

Definitions

In plain terms

Confirmation time arrives after the required right-side observations exist.

Technical

For right span R, confirmation_index = event_index + R under the selected causal contract.

Scope

Backtests must use confirmation time for feature availability even if charts draw at event time.

Formula

confirmation_index = event_index + right_span
LaTeX: k_i=i+R
SymbolMeaningUnit
icandidate event indexbar index
Rright spanbars

Output unit: bar index

Examples

  • A reviewer computes Pivot Confirmation Time on a small deterministic fixture and checks timing, units, and boundary behavior before publication.

Common misconceptions

  • Backtests must use confirmation time for feature availability even if charts draw at event time.

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, formula

    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, formula

    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, formula

    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, 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.

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.