I am pretty sure ring pivots are when you see a high on say a daily, you then look to the left and count how many bars/candles have closed underneath that high. You than have a look to the right of that high and count how many bars/candles have closed under that high. If it is like 5 candles to the left of the high and 7 candles to the right you have a ring of 13. This is a very good high. Mainly used in support and resistance. If it has a ring of 7 you wouldn't use that high. I will use it on daily chart with a ring of 9 or more. The higher the ring number the better. I hope it makes sense. If not I can do a vid and stick it on youtube with a link.
Regards,
Martyhype
It's not about how much you make, it's about how much you don't lose
But I am not pretty sure whether Pipanator will be happy to see the reply or not more than a year later! (lol...). I hope Pipanator is still alive and will surprise me though a reply.
