Created page with "Pivot Reversal LE places a long entry Stop order on the High of next bar when a breakout of High Pivot point occurs. <br> Pivot High point is identified when the high price o..."
Pivot Reversal LE places a long entry Stop order on the High of next bar when a breakout of 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 and subsequent bars (specified in Strength input). When a new Pivot High point is confirmed, an order is placed.
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This signal generates a long entry only. Use [[Pivot Reversal SE]] for entering a short position.
== Default Inputs ==
'''Strength (4)''' - number of lower highs that must be on each side of the Pivot High point.