Key Reversal LE
Revision as of 14:03, 23 September 2021 by KateMultiCharts (talk | contribs) (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...")
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 LX for exiting a long position.
