Provides function's indicators for pivot - trend - resistance.
pivots(src, lenght, isHigh) Detecting pivot points (and returning price + bar index.
src : The chart we analyse.
lenght : Used for the calcul.
isHigh : lookging for high if true, low otherwise.
Returns: The bar index and the price of the pivot.
What is a Pivot Point?
A pivot point is a technical analysis indicator used to determine the overall trend of the market over different time frames. A pivot point is calculated based on the high, low, and closing prices of previous trading session/day and support and resistance levels that are projected based on the pivot point calculation as well as type of the...
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