Analysis Techniques & Strategies

Pivot Reversal SE (Strategy)

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Input Information

Name Type Default Description
Strength Numeric 4 Number of higher lows required on each side of the low pivot bar.

Usage

Short entry based on a breakout of a pivot low point.

Description

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