the cost Action Pivot Points Reversal pattern consists of 3 pubs. Occurs, as a principle, after a quick trend.

In a bearish pattern, the price, moving up, sets a brand new high. The second bar with its highest doesn’t go beyond the maximum of the previous bar, but closes below its minimum.

In a bullish pattern, the price, moving down, sets a new low. The next bar with its minimum does not go beyond the minimum of the previous bar, but closes above its maximum.

This index looks for Pivot Points Reversal patterns on the graph and displays them.

The indicator signals should not be taken literally. The same pattern can signal both the reversal of the existing trend, and the completion of the correction and the continuation of the movement.

The indicator has six configurable parameters related to the display styles of the found patterns:

• Draws patterns – whether to display a graphical representation of the pattern.
• The color of pattern up – the color of graphic objects for long.
• The color of pattern dn – the color of graphic objects for short.
• Frame or Fill patterns – whether to fill the pattern with color or draw a frame.
• Width of the frame pattern – the width of the pattern frame, if the Frame parameter is selected.
• Style frame line – the style of the pattern frame line