Elev8+ Reversal Indicator

🔁 Elev8+ Reversal Indicator with DI Std Dev Filter
The Elev8+ Reversal Indicator is a powerful, non-repainting tool designed to detect high-probability reversal points by combining smart money concepts, volume dynamics, and directional movement index (DI) filters with statistical validation. It’s optimized for both scalping and swing trading across all timeframes.

✅ Key Features:
🔹 Multi-Layered Reversal Logic:
The indicator uses three distinct reversal detection engines that combine price action, volume, and market structure to identify institutional-grade turning points:

Liquidity Sweeps & Breakouts – Detects breakouts or traps based on volume extremes (low-volume sweeps vs high-volume breakouts).

Liquidity Grabs + Break of Structure (BOS) – Identifies aggressive wicks at Bollinger Band extremes, followed by structure shifts.

Liquidity Grabs + RSI Confirmation – Finds exhaustion moves outside Bollinger Bands with RSI confluence for precision reversal calls.

🔹 Smart DI Filter with Statistical Edge:
Incorporates +DI and -DI filters with a 2-standard deviation confirmation to filter only high-momentum, high-confidence setups. Signals only appear when:

+DI or -DI significantly diverge from their average behavior

And they exceed upper/lower ADX thresholds, indicating meaningful trend exhaustion or reversal momentum

🔹 Signal Strength Filter:
Final buy/sell signals are only triggered when at least 2 out of 3 conditions align, plus the DI filter confirms strength—dramatically reducing false signals.

🎯 Ideal For:
Traders seeking early and accurate reversal entries

Those following Smart Money Concepts (SMC) or volume-based strategies

Anyone wanting a statistically-filtered edge using real-time price and volume behavior

⚙️ Fully Customizable:
Adjustable ADX thresholds, DI standard deviation filters

RSI and Bollinger Band settings for each detection method

Ideal for 1-minute to daily charts

Note: This indicator does not repaint and all signals are plotted on the confirmed candle close. It's a reliable tool for traders aiming to catch real reversals—not noise.