SignalCove Trend Reversal Indicator

3 giorni fa

This indicator identifies potential trend reversals by combining advanced technical analysis techniques, including momentum, trend, and volume confirmations.

Key Features:

• Reversal Signals: Provides clear "BUY" and "SELL" signals for potential trend changes.
  
• Divergence Detection: Highlights bullish and bearish divergences to anticipate market shifts.
  
• Trend and Volume Confirmation: Validates signals using proprietary methods based on price action, trend strength, and volume.
  

How to Use:

• Use the "BUY" and "SELL" signals to guide entry and exit points.
  
• Combine with other indicators or your strategy for enhanced decision-making.
  
• Adjust parameters to suit different timeframes or asset classes.
  

This indicator is optimized for simplicity and accuracy, offering clear visual guidance for identifying high-probability market reversals.

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Note di rilascio

Updated script, corrected a bug that caused index charts to have vertical lines.