HPotter

Key Reversal Down Backtest

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
WARNING:
- For purpose educate only
- This script to change bars colors.
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Comments

Hello @HPotter, I tried the KRU & KRD indicators together and its amazing. May i know which is ideal candle stick or Bars? what's the ideal number of bars back test in a trend market? appreciate your valuable time.
+2 Reply
HPotter TradeIQ207
@TradeIQ207, Hi, I use bars. But I can`t recomended bars number )
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