Display Pivot Score?

Display Pivot Score?

The default value is "T" (for True). You can select from "T" (True) or "F" (False).

This parameter only applies to the cycleProjector and cycleProjectorXT indicators and allows you to toggle the display of the Pivot Score in the indicator display. The Pivot Score is presented in the indicator pane just below the indicator title with the letters PP. The Pivot Score is a measure (from 0% to 100%) of how well the swing pivots in the cycle analysis back-plot match up with the pivot points in the actual price data during that same period.

For purposes of the Pivot Score, a "pivot" is identified as a point in the data stream that has either one lower high on either side (for a high pivot) or one higher-low on either side (for a low pivot). The pivots in the synthetic time series back-plot are then compared with the original input data and any pivots that are within 1 bar of each other are considered a match.