Key Reversal LE: Difference between revisions
From MultiCharts
(Created page with "=== Definition=== Key Reversal LE (Long Entry) consists of a new low and a higher close than the previous bar. A long entry order is places at the next bar's open when a Key...") |
No edit summary |
||
Line 11: | Line 11: | ||
'''Note:''' Use [[Key Reversal | '''Note:''' Use [[Key Reversal SE]] for entering a short position. |
Revision as of 14:04, 23 September 2021
Definition
Key Reversal LE (Long Entry) consists of a new low and a higher close than the previous bar. A long entry order is places at the next bar's open when a Key Reversal occurs.
The number of bars that determines the highest high price can be adjusted.
Usage
Long entry based on a Key Reversal bar.
Default Inputs
Length - number of bars that determines a new low.
Note: Use Key Reversal SE for entering a short position.