Analysis Techniques & Strategies

Key Reversal SX (Strategy)

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Input Information

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

Usage

Long exit based on a Key Reversal bar.

Description

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

You can change the number of bars used to determine the lowest low price.

Order Name: KeyRevSX

Related Strategy: Key Reversal SE, Key Reversal LX

Related Function(s): Lowest