A trading signal that tracks consecutive lower highs and higher lows to indicate potential market retracements or run-on-stops by monitoring pivot point sequences.
Explore complementary indicator rolesHow it works
The signal systematically counts consecutive lower highs and higher lows in price action, tracking the sequence of pivot points to identify potential market exhaustion. By monitoring these consecutive patterns, traders can observe how long the market has maintained a specific directional movement without significant retracement.
When the signal detects a break in the established sequence - such as a previous pivot high or low being swept - the counter resets to zero, signaling a potential change in market momentum or trend direction.
Why it may be useful
This signal provides traders with a visual representation of market momentum and potential trend fatigue by quantifying the duration of price movement without meaningful correction. By tracking consecutive lower highs and higher lows, traders can gain insights into market psychology and potential exhaustion points.
The methodology helps traders anticipate possible retracements or run-on-stops, offering a unique perspective on market structure that goes beyond traditional trend-following indicators.
When to explore it
The signal works best in markets with clear directional trends and consistent price action, where pivot points can be reliably identified and tracked. It is particularly useful for traders seeking to understand market rhythm and potential reversal points during sustained price movements.
Traders should combine this signal with other technical analysis tools to confirm potential trend changes and validate the insights generated by consecutive pivot point tracking.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
