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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.

Declinazione di responsabilità

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