High Selling Point Reversal V6.0

Criteria combined for a "High Selling Point" signal: Best used for exiting long positions or entering shorts
Overbought Condition (RSI):

Purpose: Ensures the asset has had a significant run-up and is potentially exhausted.

Criteria: RSI (Relative Strength Index) is above a certain threshold (e.g., 70 or 80).

Bearish Candlestick Reversal Pattern:

Purpose: Identifies specific price action that indicates a shift from buying to selling pressure.

Criteria: We can implement detection for one or more strong bearish patterns. A good starting point would be:

Bearish Engulfing: A bearish candle whose real body completely covers the previous bullish candle's real body. This is a very strong two-candle reversal signal.

Shooting Star: A candle with a small real body at the lower end of the range, a long upper shadow, and little to no lower shadow. It signifies rejection of higher prices.

Evening Star: A three-candle pattern: a large bullish candle, followed by a small-bodied candle (the "star"), and then a large bearish candle. This is a powerful top reversal.

Negative Divergence (Optional but powerful):

Purpose: Indicates weakening momentum despite price continuing to rise, suggesting underlying weakness.

Criteria: Price makes a higher high, but a momentum oscillator (like RSI or MACD) makes a lower high.

Combine with other indicators for confluence