Key Reversal LE

The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Definition

Key Reversal LE (Long Entry) consists of a new low and a higher close than the previous bar. A long entry order is placed 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.