mtd_qompass

Structural Pivots3

- A candle is marked as anchor bar if there are two lower lows(C1 and C2) after the anchor bar
compared to the anchor bar. It can be immediate next two bars or can be after as well. The
highest point between the anchor bar and the two lower lows is called Small Pivot High.
In some cases after the SPL is drawn you will find a different highest point. In that case it
has to be remarked to the new highest point as SPH .
- A candle is marked as anchor bar if there are two higher highs(C1 and C2) after the anchor
bar compared to the anchor bar high. The lowest point between the anchor bar and the two
higher high is called Small Pivot Low. In some cases after the SPH is drawn you will find a
different lowest point. In that case it has to be remarked to the new lowest point as
SPL
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