I've been trying to modify this indicator without success to make the following changes:
1] Connect the high pivots with lines (as well as the lows) instead of zig zagging from high to low.
2] Draw a horizontal ray for the current pivots. The idea being that the current pivots will create a price range and any breakout of that range will be graphically apparent.
If this can be done than the indicator could be used in a variety of strategies. For example, one strategy might look for a close outside the current range. Another might look for the gap of the range to narrow to 10 ticks before looking for a breakout. In a strong trend it could even be used to identify pullback points.