As we are aware, pivot points are used to calculate support and resistance levels on a regular basis. This is something that is extensively used by traders. Pivot Points (High/Low) are also known as Bar Count Reversals and are used to anticipate potential price reversals. Pivot Point Highs are determined by the number of bars with lower highs on either side of a Pivot Point High. On the other hand, Pivot Point Lows are determined by the number of bars with higher lows on either side of a Pivot Point Low. For example, a Pivot Point High, with a period of 5, requires a minimum of 11 bars to be considered a valid Pivot Point. A minimum of 5 bars before and after the Pivot Point High all have to have lower highs.

A Pivot Point Low, with a period of 5, requires a minimum of 5 bars before and after the Pivot Point Low to each have higher lows in order to be a valid Pivot Point.

Arti Chavananswered.As we are aware, pivot points are used to calculate support and resistance levels on a regular basis. This is something that is extensively used by traders. Pivot Points (High/Low) are also known as Bar Count Reversals and are used to anticipate potential price reversals. Pivot Point Highs are determined by the number of bars with lower highs on either side of a Pivot Point High. On the other hand, Pivot Point Lows are determined by the number of bars with higher lows on either side of a Pivot Point Low. For example, a Pivot Point High, with a period of 5, requires a minimum of 11 bars to be considered a valid Pivot Point. A minimum of 5 bars before and after the Pivot Point High all have to have lower highs.

A Pivot Point Low, with a period of 5, requires a minimum of 5 bars before and after the Pivot Point Low to each have higher lows in order to be a valid Pivot Point.