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MCC Smart Reversal Signals

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📊 MCC Smart Reversal Signals (Stoch RSI) v1.0.9
© 2025 Jawid Iqbal Anwar — MIT License

This indicator is designed to help traders detect potential market reversal points by combining multiple confirmation tools such as:

Stochastic RSI
Classic RSI
Trend direction (EMA-based)
Candlestick reversal patterns
Re-entry logic
Dollar-Cost Averaging (DCA) strategy

Built-in alert system

🔄 What’s New in v1.0.9
✅ Time-Frame Presets: Choose from Custom, Weekly, Daily, 4H, 1H, or 15m profiles — each with optimized parameters.

🤖 Auto Mode: The script can automatically detect the chart timeframe and apply the best preset settings.

🎯 Dynamic Overbought/Oversold Levels:

On 15m and 1H, RSI and Stoch RSI use 6 (Oversold) and 94 (Overbought)
On 4H, Daily, and Weekly, it uses 30/70 for RSI and 20/80 for Stoch RSI

🧠 All original logic from v1.0.8 is retained: signal throttling, strong confirmation, and DCA logic.

🔧 How It Works

1. Watch Buy / Watch Sell Signals
These are early signals that notify you of a possible reversal forming.

🟠 Watch Buy: Triggered when the Stoch RSI enters oversold territory. Will only appear if the market isn’t trending strongly downward.

🔵 Watch Sell: Triggered when the Stoch RSI moves into overbought territory. Once fired, it will pause for a few candles unless the zone is exited.

⚠️ OB/OS zones are adjusted based on the selected preset or Auto mode.

2. Strong Reversal Signals (Higher Confidence)
These provide stronger confirmation when all of the following align:

RSI is in an extreme zone (very low or very high)
A reversal candlestick pattern appears (doji, bullish/bearish)
RSI recently changed direction
EMA trend supports the move (not against a strong trend)

When this happens, you’ll see a green (Buy) or red (Sell) label. These are typically high-probability entries.

3. Re-Entry Dots
If the price stays oversold or overbought for a while and forms a new valid candle setup, a new “Watch” dot will appear.

🔁 These help you catch continuation or delayed reversal setups.

4. DCA (Dollar-Cost Averaging) Signals
✅ DCA Buy: RSI is very low and Stoch RSI remains in the oversold zone — a good place to scale into a long position.

❌ DCA Sell: RSI and Stoch RSI are both in the overbought zone — ideal for scaling out or taking profit.

5. Signal Throttling (Smarter Alerts)
To avoid over-signal noise, the script includes throttling logic:

A signal won’t repeat unless the zone is exited and re-entered.
There’s a minimum bar gap between signals to reduce clutter.

🔔 Built-in Alerts (No Setup Needed)
The script includes alerts for all signal types:

Watch Buy / Watch Sell
Strong Buy / Strong Sell
DCA Buy / DCA Sell
Once you add the script to your chart, you can enable alerts immediately.

🕒 How to Use Timeframes
With v1.0.9, the indicator adapts to your chart:

Auto Mode: Just load the indicator — it adjusts based on your active timeframe.
Manual Presets: Choose a preset if you want specific control.

Timeframe Default OB/OS Settings
15m & 1H RSI & Stoch RSI: 6 / 94
4H+ RSI: 30 / 70, Stoch RSI: 20 / 80

🛠️ Suggested Trading Flow

Add the indicator and select a timeframe preset (or use Auto).
Wait for 🟠 Watch Buy or 🔵 Watch Sell — watch the price behavior.
If a 🟢 Strong Buy or 🔴 Strong Sell appears, consider entering with confirmation.
Use ✅ DCA Buy or ⏺️ DCA Sell to scale in/out slowly.
Use EMA trend and candlestick context to refine your decision.

💡 Final Tips


Let signals come to you — don’t force trades.
Use the OB/OS zones and alerts as part of a structured strategy.

Combine this tool with your price action knowledge for best results.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.