Analysis Techniques & Strategies

image\insert_showme.gif Key Reversal Dn (ShowMe)

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Input Information

Name Expression Default Description
Length Numeric 1 The number of bars used to calculate the highest High.

Description

Key Reversal Down marks the high of any bar whose High is higher than the previous bar's High and whose Close is lower than the previous bar's Close. A Key Reversal Down pattern can signify the end of an uptrend when confirmed by increases in trading volume.

  Using the Key Reversal Down ShowMe Study with an indicator such as OBV (On Balance Volume) or an indicator that uses volume and price to determine buying and selling pressure enables you to more accurately analyze a market.

Related Functions

Highest