Pivot Strategy Analysis (RTX)
The PivotStrategyAnalysis (PSA) RTX Extension allows the user to specify any key daily or weekly price level such as previous high, previous close, or overnight VPOC, and analyze the effectiveness of that level as a pivot point during the following session or week. The indicator provides for a variety of convenient options including stop, target, frontrun wiggle, reset distance, nature of system, trade limits, and time filters. The frontrun wiggle determines how far ahead of the level, if any, to enter the trade (defaults to 0).