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Pivot Extension SE

740 bytes added, 17:53, 29 September 2021
Created page with "Pivot Extension SE places a short entry order on the next bar when a High Pivot point occurs. <br> Pivot High point is identified when the high price of the bar is above the..."
Pivot Extension SE places a short entry order on the next bar when a High Pivot point occurs.
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Pivot High point is identified when the high price of the bar is above the high 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 short entry only. Use [[Pivot Extension LE]] for entering a long position.

== Default Inputs ==

'''Price (High)''' - price value used for identifying pivot points.<br>

'''LeftStrength (3)''' - number of previous bars that must be lower than the pivot price.<br>

'''RightStrength (3)''' - number of subsequent bars that must be lower than the pivot price.


[[Category:Pre-built Signals]]