FTB-C000668 / Formula component

Triple Top Pivot Sequence

Triple Top Pivot Sequence is the ordered high-low-high-low-high pivot pattern required by the triple-top detector.

Definitions

In plain terms

The sequence distinguishes three tests from arbitrary highs and lows.

Technical

The detector scans contiguous alternating strict pivots matching H-L-H-L-H, with minimum spacing and positive close inputs.

Scope

Reordering or skipping pivots defines another pattern-routing rule.

Examples

  • A reviewer computes Triple Top Pivot Sequence on a deterministic close fixture and checks pivot timing, threshold equality, neckline behavior, and rejection diagnostics before publication.

Common misconceptions

  • Reordering or skipping pivots defines another pattern-routing rule.

Concept relationships

Where this concept is used

Evidence and governance

  1. 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.

  2. Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation Lo, Mamaysky, and Wang · first party technical publication

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

    Limits: The paper's smoothing, sample, and empirical design are not copied into this package and do not validate its thresholds.

  3. 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.

  4. 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.

Reviewed by
fintech-builder-batch-012
Last reviewed
2026-08-10
Next review
2027-08-10
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.