This indicator can predict when major and minor pivots will occur and also when some patterns (i.e. pennant) will be completed.
How to use:
1- Select the arbitrary chart (Candles, Heikin Ashi, Line and Renko) and time frame. 2. Set the “Offset” value. Default value is -1. 3. Set the “Time Coefficient” value. Default value is 2.