How the Remek! Pivots indicator works
The following charts provide an introduction to the concept of first-, second- and third-order pivots, and
how these pivots evolve as new data comes in, and
how these pivots form the building blocks of market structure.
While this indicator is, by definition, backward looking, understanding the concept and how market structure evolves can be, for many traders, a significant step towards success as technically motivated directional traders.
The Remek! Pivots indicator, like our other quality indicators, is available in our shop.