This system is useful in Intraday charts to find the Pivot High/Low.

Base Time frame is 15min. circle(Pivots) above high or below low to show pivots are in real time. No text will be written above (PH) or below(PL) the candle as (text writing reduces afl execution speed a lot and also its position and size varies in AmiBroker). Circles appear immediately after the candle formation (in real time); however if the new pivot is formed within the Lookback period in next candles, the circles would shift their position to the new pivot. 

NOTE: Per your requirements, You will need to define "Lookback period" to control the sensitivity of the pivots under Parameters.

Example : Default "Lookback period" is defined as 5. If a new higher pivot is formed on the last candle, circle will appear on that candle immediately. However if a new higher pivot is formed within next 5 candles, the previous circle will shift to the new higher pivot.

System can also trigger alert in the exploration when price closes below/above previous pivot. Irrespective of whichever timeframe your chart is, exploration will show result in all 5 timeframes (Base Time Frame,15M,30M,60M & Daily). During exploration, you will need to select the base timeframe under Automatic Analysis>>Setting>>Periodicity. Whenever there is a Pivot Breakout on the base timeframe, it will show result in the exploration with the status in base as well as the other 4 timeframes.

Parameters window would also give user an Option to Suppress the Successive Same Pivots. Alternate same pivots will be suppressed i.e. after a High pivot, all successive High pivots will be suppressed till you get a Low pivot (and vice versa). 


Here is a screenshot of how the indicator looks:



Here is a screenshot of how the Exploration looks: