Abbreviation:
Category: Chart Pattern Identification
Input Parameters:
| Name | Range | Default |
| Low Price | Low | |
Calculation:
Determine the last three Pivot Point Bottoms
If (first pivot > middle pivot) and (last pivot > middle pivot) then 1
Otherwise 0
Discussion:
Indicates the potential for an upturn in the market. See Pivot Point: Bottom Flag for more details about pivot points.