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Pivot Reversal SE

594 bytes added, 11:20, 30 September 2021
Created page with "Pivot Reversal SE places a short entry Stop order on the Low of next bar when a breakout of Low Pivot point occurs. <br> Pivot Low point is identified when the low price of t..."
Pivot Reversal SE places a short entry Stop order on the Low of next bar when a breakout of Low Pivot point occurs.
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Pivot Low point is identified when the low price of the bar is below the low prices of a number of previous and subsequent bars (specified in Strength input). When a new Pivot Low point is confirmed, an order is placed.
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This signal generates a short entry only. Use [[Pivot Reversal LE]] for entering a long position.

== Default Inputs ==

'''Strength (4)''' - number of higher lows that must be on each side of the Pivot Low point.

[[Category:Pre-built Signals]]