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Define Fractal Pivot Low: Low is lower than 2 bars left and right PivotLow := Ref(L,-2) < Ref(L,-1) AND Ref(L,-2) < L AND Ref(L,-2) < Ref(L,-3) AND Ref(L,-2) < Ref(L,-4);

: Defined using the := assignment operator to store values for cleaner code (e.g., AvgPrice := (H+L+C)/3; ). Recent Trending Formula Examples metastock formulas new

We want to find a candle with a long lower shadow (buying pressure) that Define Fractal Pivot Low: Low is lower than