Analysis Techniques & Strategies

$image\insert_showme.gif$ Key Reversal Up (ShowMe)

$image\key_reversal_up_sm.gif$

Input Information

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

Description

Key Reversal Up marks the low of any bar whose Low is lower than the previous bar's Low and whose Close is higher than the previous bar's Close. A Key Reversal Up pattern can signify the end of a downtrend when confirmed by increases in trading volume.

Using the Key Reversal Up 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

Lowest