Created page with "Pivot Extension LE places a long entry order on the next bar when a Low Pivot point occurs. <br> Pivot Low point is identified when the low price of that bar is below the low..."
Pivot Extension LE places a long entry order on the next bar when a Low Pivot point occurs.
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Pivot Low point is identified when the low price of that bar is below the low prices of a number of previous bars (specified in LeftStrength input) and a number of subsequent bars (specified in RightStrength input).
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This signal generates a long entry only. Use [[Pivot Extension SE]] for entering a short position.
== Default Inputs ==
'''Price (Low)''' - price value used for identifying pivot points.<br>
'''LeftStrength (3)''' - number of previous bars that must be greater than the pivot price.<br>
'''RightStrength (3)''' - number of subsequent bars that must be greater than the pivot price.