Analysis Techniques & Strategies
|Strength||Numeric||4||Number of higher lows required on each side of the low pivot bar.|
Short entry based on a breakout of a pivot low point.
A low pivot bar (or a swing low) is a bar that is preceded and followed by higher lows. When a new low pivot (swing low) is confirmed, an order is placed at the low of the pivot bar. This order is valid until filled.
Order Name: PivRet
Related Strategy: Pivot Reversal LE
Related Function(s): SwingLow