Analysis Techniques & Strategies

Key Reversal LX (Strategy)

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Input Information

Name Type Default Description
Length Numeric 1 The number of bars used to determine a new high.

Usage

Long exit based on a Key Reversal bar.

Description

A key reversal is a chart pattern that consists of a new high and a lower close than the previous bar. When a Key Reversal pattern occurs, a long exit order is placed for next bar at open.

You can change the number of bars used to determine the highest high price.

Order Name: KeyRevLX

Related Strategy: Key Reversal LE, Key Reversal SX

Related Function(s): Highest