A key reversal is a one-day trading pattern that may signal the reversal of a trend. Other frequently-used names for key reversal include "one-day reversal" and "reversal day."
How Does a Key Reversal Work? Depending on which way the stock is trending, a key reversal day occurs when: In an uptrend -- prices hit a new high and then close near the previous day's lows. In a downtrend -- prices hit a new low, but close near the previous day's highs
Hi. Thanks for making this. Can you maybe merge both key reversal indicators into one indicator? (Key Reversal Up + Key Reversal Down).
ilesanmipepsi
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This script together with KRU are both fantastic in catching key reversal price level. I back tested the duo and the result was mind blowing! You're doing a great job, man.
Can you maybe merge both key reversal indicators into one indicator?
(Key Reversal Up + Key Reversal Down).