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Just wondering whether this problem was addressed in Optuma 2. If not, is it scheduled/planned for a future release?
In Optuma 2 the Pivot() function has an option to ignore unconfirmed pivots, so only those that won’t change when new data comes in are included in the criteria.
V1 = PIVOT(IGNOREUNCONFIRMED=True, MIN=10) ;
V1 > 0 or V1 < 0
In this example you can see the Show Bar tool ignores the last pivot label (light grey) as it is currently unconfirmed:
This is for current data only, historical data still has an issue that it knows a pivot is there, before it is actually confirmed.
Pivots still shouldn’t be used for backtesting because of this, not without adding in some extra code to not take a pivot into account until x bars after a pivot label (TimeSinceSignal() for example).
- This reply was modified 2 months ago by Matthew.