Difference between revisions of "Key Reversal LE"
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=== Definition=== | === Definition=== | ||
| − | Key Reversal LE (Long Entry) consists of a new low and a higher close than the previous bar. A long entry order is | + | 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.<br> |
| − | The number of bars that determines the highest high price can be adjusted. | + | The number of bars that determines the highest high price can be adjusted. |
=== Usage=== | === Usage=== | ||
Latest revision as of 14:55, 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 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.
