Reversal Highlighter - Contrarian Extraordinaire

This elite reversal detection system combines five technical dimensions (RSI, SMI, Stochastic, Stochastic RSI, and Momentum) with volume confirmation to highlight exhaustion points where markets are primed to reverse. Designed for traders who profit by fading extremes, it paints bright yellow candles at potential bullish reversals and electric blue candles at bearish turning points - a visual bat signal for contrarian opportunities.

Key Features:

Multi-Indicator Consensus: Requires agreement between momentum, oscillator positioning, and volume for high-probability signals

3-Tier Strictness Controls: Adjust sensitivity separately for Oscillators (1-3), Stochastics (1-3), and Momentum (1-2)

Volume Spike Verification: Toggleable volume confirmation with adjustable multiplier (1.1x-3.0x)

Dynamic Thresholds: Customizable overbought/oversold levels and SMI sensitivity

At-a-Glance Clarity: Unmissable color-coded candles (yellow=bullish reversal, blue=bearish reversal)

Contrarian Philosophy:
"The majority is wrong at both extremes - this tool helps you spot when their conviction has reached its peak vulnerability."

Optimal Use Cases:

Fading parabolic moves in meme stocks/crypto

Identifying exhaustion during news-driven overreactions

Combining with support/resistance levels for precision entries

Pro Tip:
For volatile assets, use Strictness 2 with volume confirmation. For indices, Strictness 3 with looser volume filters often works best. Always wait for the confirming candle close.

(Indicator by: Contrarian Extraordinaire)