Pivot Extension SE (Strategy)Analysis Techniques & Strategies
Pivot Extension SE (Strategy)| Name | Type | Default | Description |
| Price | Numeric | High | Price value to refer to as a pivot point. |
| LeftStrength | Numeric | 4 | Number of lower values required on the left side of (preceding) the high pivot bar. |
| RightStrength | Numeric | 2 | Number of lower values required on the right side of (following) the high pivot bar. |
Short entry based on the occurrence of a high pivot point.
When a Price (Input) value is found that meets the requirement of a pivot, a short entry order is placed for the next bar. A high pivot bar is defined by this strategy as a bar that is preceded by LeftStrength (Input) number of lower Price values and followed by RightStrength (Input) number of lower Price values.
Order Name: PivHi
Related Strategy: Pivot Extension LE
Related Function(s): PivotHighVS
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