FTB-C000589 / Formula component

Pivot Neighborhood

Pivot Neighborhood is the complete left and right bar windows used to evaluate one pivot candidate.

Advanced 1 linked topicEvidence-reviewed

Definitions

In plain terms

A candidate cannot be judged until both sides of its neighborhood are present.

Technical

The neighborhood contains left_span prior bars and right_span later bars from the same instrument, session, and adjustment basis.

Scope

Mixing timeframes, sessions, or adjustment bases invalidates the comparison.

Examples

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

Common misconceptions

  • Mixing timeframes, sessions, or adjustment bases invalidates the comparison.

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

    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

    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

    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

    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.