Why Pivot Labels Appear After the Candle
Summary
Hollow Point Trading explains why a pivot label may appear on an earlier candle even though confirmation arrives later. A historical Salesforce IEX replay using five-minute candles shows how a strict two-left, two-right high rule requires two completed bars after the candidate, a timing detail that matters when evaluating signals.
https://youtu.be/-nwYb1jpPFg
A pivot label can appear later than its candle #CRM #PivotConfirmat...
A pivot label can sit on an earlier candle even though the information arrived later. For a strict two left, two right high rule, the candidate high must exceed the highs of two completed bars on each side. The two right bars do not exist when the candidate first closes. This historical Salesforce IEX replay uses five minute candles from October...
