Abbreviation:
Category: Chart Pattern Identification
Input Parameters:
| Name | Range | Default |
| High Price | High | |
Calculation:
If (High Price 2 periods ago < High Price 1 period ago) and (High Price 1 period ago > current High Price) then 1
Otherwise 0
Discussion:
A pivot point top is when a high price is higher than the high of the bars on either side. Indicates the potential for an upturn in the market.