Analysis Techniques & Strategies

Pivot Reversal LE (Strategy)

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Input Information

Name Type Default Description
Strength Numeric 4 Number of lower highs required on each side of the high pivot bar.

Usage

Long entry based on a breakout of a pivot high point.

Description

A high pivot bar (or a swing high) is a bar that is preceded and followed by lower highs. When a new high pivot (swing high) is confirmed, an order is placed at the high of the pivot bar. This order is valid until filled.

Order Name: PivBrk

Related Strategy: Pivot Reversal SE

Related Function(s): SwingHigh