Key Reversal SX
Revision as of 13:48, 23 September 2021 by KateMultiCharts (talk | contribs) (Created page with "=== Definition=== Key Reversal SX (Short Exit) consists of a new low and a higher close than the previous bar. A short exit order is places at the next bar's open when a Key...")
Definition
Key Reversal SX (Short Exit) consists of a new low and a higher close than the previous bar. A short exit order is places at the next bar's open when a Key Reversal occurs.
The number of bars that determines the lowest low price can be adjusted.
Usage
Short exit based on a Key Reversal bar.
Default Inputs
TrendLen - number of bars that determines a new low.
Note: Use Key Reversal LX for exiting a long position.
