OPEN-SOURCE SCRIPT
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Upside Reversal Screener

891
Indicator mainly intended to be used in Pinescript screener to find Upside Reversals - where an instruments drops in price then reverses.

The minimum drop (as % or % of instrument ATR) and minimum recovery (as fraction of drop) can be specified.

When used as an indicator (Set the "Running in Screener" input to False in the settings) an up arrow will show under the days where an upside reversal occurred.

To use in a screener, set it as a favourite indicator, so it will be showin in the PineScript screener.
The indicator publishes the Open, High, Low, Close (or last) prices, % price change, % of drop (from high), the recovery (as % of drop), and if the stock matched the reverse settings.
Note di rilascio
Indicator mainly intended to be used in Pinescript screener to find Upside Reversals - where an instruments drops in price then reverses.

The minimum drop (as % or % of instrument ATR) and minimum recovery (as fraction of drop) can be specified.

When used as an indicator (Set the "Running in Screener" input to False in the settings) an up arrow will show under the days where an upside reversal occurred.

To use in a screener, set it as a favourite indicator, so it will be showin in the PineScript screener.
The indicator publishes the Open, High, Low, Close (or last) prices, % price change, % of drop (from high), the recovery (as % of drop), and if the stock matched the reverse settings.
Note di rilascio
Added support for Weekly reversals and changed required recovery amount from fraction to %

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