Key Reversal SE
From MultiCharts
Definition
Key Reversal SE (Short Entry) consists of a new high and a lower close than the previous bar. A short 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
Short entry based on a Key Reversal bar.
Default Inputs
Length - number of bars that determines a new high.
Note: Use Key Reversal LE for entering a long position.
