A top or bottom with n lower candles on each side.
+1 marks a swing high, −1 a swing low. A pivot is only confirmed once the candles on the right exist.
Worked out by the same code the builder uses, on stored daily candles. Move a setting and the line moves with it. This is what happened, not what will happen.
Gate: Pivot points high/low is equal to −1.
The confirmation delay is real: by the time it is certain, it is n candles old. It is structure, not a trigger.
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