Home | Trading Alchemy Manual | Alchemy Functions IndexAlchemyUniversalPiv (Function)AlchemyUniversalPiv is a multiple-output function that provides a previous pivot's high/low price and its corresponding bar numbers. AlchemyUniversalPiv (HighPrice,LowPrice,LeftStrength,RightStrength,MaxEqualBars,UnEqualBars,oHiPiv,oLeftHiBar,oRightHiBar,oPivHi,oLoPiv,oLeftLoBar,oRightLoBar,oPivLo) Parameters
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HighPrice |
Specifies the price information to be considered for a pivot high. |
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LowPrice |
Specifies the price information to be considered for a pivot low. |
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LeftStrength |
The required number of bars on the left side of the pivot bar. |
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RightStrength |
The required number of bars on the left side of the pivot bar. |
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MaxEqualBars |
Specifies the maximum number of consecutive bars with equal highs that qualifies a pivot high and the maximum number of consecutive bars with equal lows that qualifies a pivot low. |
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UnEqualBar |
Specifies the maximum number of bars with lower highs in between 2 equal highs that qualifies as one pivot high and the maximum number of bars with higher lows in between 2 equal lows that qualifies as one pivot low. |
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oHiPiv |
Variable that receives a true value if a new pivot high has formed. |
| oLeftHiBar | Variable that receives the bar number of the bar to the left of the last pivot high bar. |
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oRightHiBar |
Variable that receives the bar number of the bar to the right of the last pivot high bar. |
| oPivHi | Variable that receives the high price of the last pivot high. |
| oLoPiv | Variable that receives a true value if a new pivot low has formed. |
| oLeftLoBar | Variable that receives the bar number of the bar to the left of the last pivot low bar. |
| oRightLoBar | Variable that receives the bar number of the bar to the right of the last pivot low bar. |
| oPivLo | Variable that receives the low price of the last pivot low. |
ReturnsAlchemyUniversalPiv returns a fixed number of 1.
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