Abbreviation:
Category: Chart Pattern Identification
Input Parameters:
| Name | Range | Default |
| High Price | High | |
Calculation:
Determine the last three Pivot Point Tops
If (first pivot < middle pivot) and (last pivot < middle pivot) then 1
Otherwise 0
Discussion:
Indicates the potential for a downturn in the market. See Pivot Point: Top Flag for more details about pivot points