reversalpattern

Crypto_Chili_ Güncellendi 

In the chart photo is a description for each shape and letter, saying what each one is. BB, Reversals are off by default. BB + Reversals + Next bar confirmation - The way this should be used is by waiting for a 1 or 2 bar confirmation closed above/below the high/low of the Reversal candle. So if its a Top R, a yellow box will print as a confirmed 1 bar if it...

QuantVue

The Reversal Confirmation Indicator is based on price action and looks to provide opportunities when price gets stretched. The indicator works by finding the highest and lowest points over the user selected lookback period. If price closes below the low of the highest bar or closes above the high of the lowest bar a possible reversion to the mean may occur and...

Kavin301 Güncellendi 

This indicator helps avoid taking reversal trades too close to the 21 EMA, which may fail since the market often continues its trend after retracing from the 21 EMA level. It does not generate a direct signal for reversal trades but rather indicates points where you can consider potential reversal trades based on your trading methodology This script defines an...

cheatcountry

The Baha'i Reversal Points is a custom creation that combines some of my favorite passions, creating stock indicator scripts and my faith. The Baha'i Faith believes in the oneness of God and all religions, and sees the number 9 as significant because that is the number of major world religions as well as the Baha'i symbol is a nine-pointed star. The number 19 is...

Marceeelll

💡 Japanese Candlesticks are a visual representation of price movements in financial markets. They were first developed by Japanese rice traders in the 18th century to analyze the price of rice contracts, and have since been adopted by traders across the world for a wide range of assets. 📌 A candlestick is composed of a rectangular body and two thin lines, known...

zendrer Güncellendi 

This indicator is designed to identify potential breaks and reversals in price movements for a financial instrument. The indicator displays several elements to assist users in spotting specific market conditions: 1. High and Low Pivots : The indicator marks the highest and lowest points on the price chart within a customizable lookback period. These pivots...

More-Than-Enough

This indicator helps in anticipating an area near a reversal area/point in real time. It shows cycles of concentration and diffuse in momentum. ----- HOW TO USE IT ----- Recommended to use with higher time frames (1-4h). The "Extra Sensitive" option allows the bars to turn yellow at a value of 9 instead of 10. 1) Notice the cycles of narrowing and widening that...

profitprotrading Güncellendi 

The Reversion Zone Index (RZI) is an indicator that combines the Commodity Channel Index (CCI), Choppiness Index (CI), and Bollinger Bands Percentage (BBPct) to identify mean reversion signals in the market. It is plotted as an Exponential Moving Average (EMA) smoothed oscillator with overbought and oversold zones, and mean reversion signals are represented by red...

HasanRifat

The primary objective of this indicator is to discern candles that exhibit characteristics suggestive of potential market reversals through the application of candlestick analysis. Extensive observation across various assets and timeframes has revealed the existence of a recurrent reversal pattern. This pattern typically manifests as a sequence of one to three...

kulturdesken

Turtle Soup Indicator plots a shape when we have a 20-period high or 20-period low. Turtle Soup Setup The Turtle Soup setup was published in the book Street Smarts by Laurence A Connors and Linda Raschke. You can learn about it there. It is a great setup for false breakouts or breakdowns in the group failure tests. Going long 1) We have a new 20-period low...

yosh118

This will help you find reversal point pinpoint to its candle actually crossed the lowest or highest in the overbought and oversold zone (stochastic 9,3,3) Various input parameters are defined . These inputs allow the user to customize the lookback period which is the number of candle before the low or high, Stochastic length. User can also define their own high...

cheatcountry Güncellendi 

This is an original script based on a very old idea called the Benner Theory from the Civil War times. Benner discovered a pattern in pig iron prices (no clue what those are), and this turned out to be a parallel idea to indicators based on Fibonacci numbers. Because a year is 365 days (nearly 377, which is a Fibonacci number), made up of 52 weeks (nearly 55,...

cheatcountry Güncellendi 

This original script was created based on a suggestion from @kerpiciwuasile. My original Reversal Points script was removed because I modeled it after an indicator by Demark, but this script will have no such issues. Reversal points are an exciting concept for me because it is such a useful tool when placing trades. This is my first attempt at a new overall layout...

Zeiierman

█ Overview The 2B reversal pattern , also called the "spring pattern", is a popular chart pattern professional traders use to identify potential trend reversals. It occurs when the price appears to be breaking down or up and then suddenly bounces back up/down, forming a "spring" or "false breakout" pattern. This pattern indicates that the trend is losing...

nnamdert Güncellendi 

What is this Indicator used for? Made specifically for GRID Bots note: before continuing... this indicator works on any timeframe, but it WORKS BEST ON THE 15 MINUTE TIMEFRAME Straters and Forex Master Pattern Value Line Traders use this to help determine when the price could reverse. This indicator is a scalping indicator that produces signals when a...

Zeiierman

█ Overview The 1-2-3 pattern is the most basic and important formation in the market. Almost every great market move has started with this formation. That is why you must use this pattern to detect the next big trend. In fact, every trader has used the 1-2-3 formation to detect a trend change without realizing it. Our 1-2-3 Pattern (Expo) indicator helps...

tartigradia

Plots the momentum acceleration oscillators from price and RSI, rescaled and with areas above/below highlighted. Usage: in a nutshell, when the background is yellow, it's bearish (RSI decelerates faster than price), whereas when the background is green, it's bullish (RSI accelerates faster than price). It appears to detect early some reversals that are otherwise...

NeoDaNomad Güncellendi 

This library was designed to create three different datasets using Bill Williams fractals. The goal is to spot trends in reversal data and ultimately use these datasets to help predict future price reversals. First, the pivot() function is used to initialize and populate three separate arrays (high pivot , low pivot , all pivots ). Since each high/low price...