The Pivot Labels tool can be used to identify significant highs and lows on a chart by counting how long it has taken for the high or the low to be “taken out” either looking forwards, backwards, or in both directions. The higher the number on the label the more significant the pivot, and you can filter the labels for minimum values, as well as marking either just the highs or lows.
This is a companion discussion topic for the original entry at https://www.optuma.com/kb/optuma/tools/swings/pivot-labels