Three-Bar Reversal SignalThis indicator is a simple setup of Three Bar Reversal. Logic of the code is as below.
Rules :
Long Setup
Bar 1 closes down
Low of Bar 2 is below the low of Bar 1 (and Bar 3)
Bar 3 closes above the high of both Bar 1 and Bar 2
Buy at the close of Bar 3
Short Setup
Bar 1 closes up
High of Bar 2 is above the high of Bar 1 (and Bar 3)
Bar 3 closes below the low of both Bar 1 and Bar 2
Sell at the close of Bar 3
Cerca negli script per "reversal"
Volume ReversalsThe "Volume Reversals" indicator is a trading tool designed to identify potential buy and sell signals based on volume patterns.
Features
Filter Signals : Traders can enable or disable additional filtering of signals, which refines the conditions under which buy and sell labels are displayed.
Buy and Sell Labels: The indicator dynamically places labels on the chart to signify buy ("▲+") and sell ("▼+") opportunities. Buy labels appear at low points of bars with a green upward-pointing arrow, while sell labels appear at high points with a red downward-pointing arrow.
Customizable Alerts: Users can set alerts for buy and sell signals, receiving notifications when conditions match predefined patterns.
Logic Explained
Volume Comparison: The script examines a sequence of the last five volume bars to detect increasing or decreasing trends.
Price Action Analysis: Each volume bar is paired with a corresponding price action (bullish or bearish) from the same period.
Signal Conditions: A signal is generated under two scenarios:
Normal Conditions: Sequential increase/decrease in volume over three bars accompanied by bearish/bullish price action, followed by a dip in volume with a bullish/bearish bar.
Filtered Conditions (if filter is active): Requires all last four bars to be bearish/bullish, the most recent bar's volume to be less than the immediate previous, and then exceeds the volume two bars prior, closing bullish/bearish.
This indicator is suited for various assets and timeframes, especially in markets where volume plays a significant role in price dynamics.
Crypto Realized Profits/Losses Extremes [AlgoAlpha]🌟🚀 Introducing the Crypto Realized Profits/Losses Extremes Indicator by AlgoAlpha 🚀🌟
Unlock the potential of cryptocurrency markets with our cutting-edge On-Chain Pine Script™ indicator, designed to highlight extreme realized profit and loss zones! 🎯📈
Key Features:
✨ Realized Profits/Losses Calculation: Uses real-time data from the blockchain to monitor profit and loss realization events.
📊 Multi-Crypto Compatibility: The Indicator is compatible on other Crypto tickers besides Bitcoin.
⚙️ Customizable Sensitivity: Adjust the look-back period, normalization period, and deviation thresholds to tailor the indicator to your trading style.
🎨 Visual Enhancements: Choose from a variety of colors for up and down trends, and toggle extreme profit/loss overlay for easy viewing.
🔔 Integrated Alerts: Set up alerts for high and extreme profit or loss conditions, helping you stay ahead of significant market movements.
🔍 How to Use:
🛠 Add the Indicator: Add the indicator to favorites. Customize settings like period lengths and deviation thresholds according to your needs.
📊 Market Analysis: Monitor the main oscillator and the bands to understand current profit and loss extremes in the market. When the oscillator is at the upper band, this means that the market is doing really well and traders/investors will be likely to take profit and cause a reversal. The opposite is true when the oscillator reaches the lower band. The main oscillator can also be used for trend analysis.
🔔 Set Alerts: Configure alerts to notify you when the market enters a zone of high profit or loss, or during trend changes, enabling timely decisions without constant monitoring.
How It Works:
The indicator calculates a normalized area under the RSI curve applied on on-chain data regarding the number of wallets in profit. It employs a custom "src" variable that aggregates data from the blockchain about profit and loss addresses, adapting to intraday or longer timeframes as needed. The main oscillator plots this normalized area, while the upper and lower bands are plotted based on a deviation metric to identify extreme conditions. Colored fills between these bands visually denote these zones. For interaction, the indicator plots bubbles for extreme profits or losses and provides optional bar coloring to reflect the current market trend.
🚀💹 Enjoy a comprehensive, customizable, and visually engaging tool that helps you stay ahead in the fast-paced crypto market!
Catching Trend Reversals by shorting tops and buying bottomsHOLP (High of the low period) and LOHP (Low of the high period)
Catching Trend Reversals by shorting tops and buying bottoms
using this Swing High/Low Indicator
Trading Strategy comes from Mastering the Trade, by John Carter pg 300.
Trading Rules for Sells, Buys are reversed
1. Identifying a trending market, where today's price is making a 20-day high (17-18 day highs are also fine)
Note this is configurable by setting the trending period variable (defaults to 20)
For example if price is making a 20 period high or 20 period low, it will show a triangle up/down above the candle.
2. Identify the high bar in the uptrend
3. Go short once the price action closes below the low of this high bar
4. The initial stop is the high of the high bar.
5. If you are in the trade on the third day or period, use a 2 bar trailing stop.
You can check 2-bar trailing stop to draw the line, defaults to off.
Stop is indicated by the white dot.
Code Converted from TradeStation EasyLanguage
I can't find the original source anymore for the swing high/low plots, but if someone knows,
let me know and I'll credit here.
Fibonacci Ranges (Real-Time) [LuxAlgo]The "Fibonacci Ranges" indicator combines Fibonacci ratio-derived ranges (channels), together with a Fibonacci pattern of the latest swing high/low.
🔶 USAGE
The indicator draws real-time ranges based on Fibonacci ratios as well as retracements. Breakouts from a Fibonacci Channel are also indicated by labels, indicating a potential reversal.
Each range extremity/area can also be used as support/resistance.
🔶 CONCEPTS
Fibonacci Channels
Latest Fibonacci
Both, Latest Fibonacci and Fibonacci Channels , display different Fibonacci levels (labels not included in the code):
However, the 2 react in a totally different way.
🔹 Fibonacci Channels
2 conditions must be fulfilled until a Fibonacci Channel is displayed:
New swing high/low
close has to be between chosen limits/levels ( Break level )
As visual guidance, chosen Break levels are accentuated by 2 small gray blocks:
Once the channel is displayed, it will remain visible until x consecutive bars break out of the chosen Break level at closing time.
• x consecutive bars is set by Break count .
The amount of breaks is counted in the code. When the price, without breaking the user-set limit, closes back between the 2 levels, the count is reset to 0.
By enabling Channels and Shadows you can see previous channels (" Shadows ", which is always delayed with 1 bar)
Previous channels can be helpful in finding potential support/resistance areas, especially from large channel blocks
The more narrow Break levels are set the less chance the price closes between these 2 levels, and the quicker close breaks out.
In other words, narrow levels give fewer & smaller channels, broader levels give more & larger channels.
Note:
• swing settings: L & R
• Break count (x consecutive bars that close outside chosen levels to invalidate the Fibonacci Channel )
will also be of influence in displaying the channels.
• Show breaks enable you to visualize signals when there is a break:
• Alerts can also be set ( Break Down / Break Up )
🔹 Latest Fibonacci
This displays the Fibonacci levels between the latest swing high and swing low, independently from the Fibonacci Channel .
The Lastest Fibonacci can be helpful in detecting the current trend against the larger Fibonacci Channel .
🔶 SETTINGS
🔹 Swing Settings
L: set left of pivothigh / pivotlow
R: set right of pivothigh / pivotlow
🔹 Fibonacci Channels
Channel : Channel / Channels + Shadows / None
Break level
-0.382 - 1.382
0.000 - 1.000
0.236 - 0.764
0.382 - 0.618
Break count
🔹 Fibonacci
Toggle
Colours: [ -0.382 - 0 ], [ 0.236 - 0.382 ], [ 0.5 ], [ 0.618 - 0.764 ], [ 1 - 1.382 ]
MTF ATR Levels by makuchakuKnowing how big a range one is operating in (from a higher time frame perspective) is very important to understand where the reversals could potentially come from.
This indicator uses the closing price of previous HTF candle and plots its ATR range - and several levels on top of it.
+/- 75%
+/- 100%
+/- 150%
+/- 200%
+/- 300%
Adjustable MA & Alternating Extremities [LuxAlgo]Returns a moving average allowing the user to control the amount of lag as well as the amplitude of its overshoots thanks to a parametric kernel. The indicator displays alternating extremities and aims to provide potential points where price might reverse.
Due to user requests, we added the option to display the moving average as candles instead of a solid line.
Settings
Length: MA period, refers to the number of most recent data points to use for its calculation.
Mult: Multiplicative factor for each extremity.
As Smoothed Candles: Allows the user to show the MA as a series of candles instead of a solid line.
Show Alternating Extremities : Determines whether to display the alternating extremities or not.
Lag: Controls the amount of lag of the MA, with higher values returning a MA with more lag.
Overshoot: Controls the amplitude of the overshoots returned by the MA, with higher values increasing the amplitude of the overshoots.
Usage
Moving averages using parametric kernels allows users to have more control over characteristics such as lag or smoothness; this can greatly benefit the analyst. A moving average with reduced lag can be used as a leading moving average in a MA crossover system, while lag will benefit moving averages used as slow MA in a crossover system.
Increasing 'Lag' will increase smoothness while increasing 'overshoot' will reduce lag.
The following indicator puts more emphasis on its alternating extremities, an upper extremity will be shown once the high price crosses the upper extremity, while a low extremity will be shown once the low price crosses the lower extremity. These can be interpreted like extremities of a band indicator.
The MA using a length value of 200 with a multiplicative factor of 1.
In general, extremities will effectively return points where price might potentially bounce in ranging markets while closing prices under trending markets will often be found above an upper extremity and under a lower extremity.
Reducing the lag of the moving average allows the user to obtain a more timely estimate of the underlying trend in the price, with a better fit overall. This allows the user to obtain potentially pertinent extremities where price might reverse upon a break, even under trending markets.
In the above chart, the price initially breaks the upper extremity, however, we can observe that the upper extremity eventually reaches back the price, goes above it, provides a resistance, and effectively indicates a reversal.
Users can plot candles from the moving average, these are fairly similar to heikin-ashi candles in the sense that CandleOpen(t) ≠ CandleClose(t-1) , each point of the candle is calculated as follows for our indicator:
Open = Average between MA(t-1) and MA(t-2)
High = MA using the high price as input
Low = MA using the low price as input
Close = MA using the closing price as input
Details
Lag is defined as the effect of moving averages to reflect past price variations instead of new ones, lag can be observed by the user and is the main cause of false signals. Lag is proportional to the degree of filtering returned by the moving average.
Overshooting is a common effect encountered in non-lagging moving averages, and is defined as the tendency of a moving average to exceed a maximum level (or minimum level, which can be defined as undershooting )
MA and rolling maximum/minimum, both using a length of 50 bars. While we can think of lag as a cost of smoothness, we can think of overshooting as a cost for reduced lag on some occasions.
Explaining the kernel design behind our moving average requires understanding of the logic behind lag reduction in moving averages. This can prove to be complex for non informed users, but let's just focus on the simpler part; moving averages can be defined as a weighted sum between past prices and a set of coefficients (kernel).
MA(t) = b(0)C(t) + b(1)C(t-1) + b(2)C(t-2) + ... + b(n-1)C(t-n-1)
Where n is the period of the moving average. Lag is (non optimally) reduced by "underweighting" past prices - that is multiplying them by negative numbers.
The kernel used in our moving average is based on a modified sinewave. A weighted sum making use of a sinewave as a kernel would return an oscillator centered at 0. We can divide this sinewave by an increasing linear function in order to obtain a kernel allowing us to obtain a low lag moving average instead of a centered oscillator. This is the main idea in the design of the kernel used by our moving average.
The kernel equation of our moving average is:
sin(2πx^α)(1 - x^β)
With 1>x>0 , and where α controls the lag, while β controls the overshoot amplitude.
Using this equation we can obtain the following kernels:
Here only α is changed, while β is equal to 1. Values to the left would represent the coefficients for the most recent prices. Notice how the most significant coefficients are given to the oldest prices in the case where α increases.
Higher overshoot would require more negative values, this is controlled by β
Here only β is changed, while α is equal to 1. Notice how higher values return lower negative coefficients. This effectively increases the overshoots amplitude in our moving average. We can decrease α in order for these negative coefficients to underweight more recent values.
Using α = 0 allows us to simplify the kernel equation to:
1 - x^β
Using this kernel we can obtain more classical moving averages, this can be seen from the following results:
Using β = 1 allows us to obtain a linearly decreasing kernel (the one of a WMA), while increasing allows the kernel to converge toward a rectangular kernel (the one of SMA).
Golden Cross Optimised For Reversal (by Coinrule)A moving average crossing is a common and widely adopted trading strategy. A short-term MA crossing above a long-term one provides the buy-signal. The opposite generates a sell-signal for the strategy.
Although very popular, this strategy has some limitations that lead to frequent "false signals" and only a few very profitable trades. If the strategy provides two many trades, that generates
the risk for more potential losses
more transaction fees paid
capital allocated to the strategy, thus the impossibility of catching other potential opportunities.
Applying an additional filter to the strategy, consisting of the crossing happening below a longer-term moving average, allows increasing the chances of catching the first crossing signaling a reversal.
The indicator is set to work with three moving averages.
Buy signal: The MA(9) to cross above the MA(50), which must be below the MA(100)
Sell Signal: The MA(9) to cross below the MA(50)
This indicator works significantly better on lower time frames, where it can reduce the noise of getting too many non-profitable signals from a conventional crossing strategy.
The indicator has been backtested mostly on cryptocurrencies.
Auto-Dispersion BandsIntroduction
A really old indicator as well, thus i have no much ideas of what is going on with it, but i know that those bands returns good reversals points. The indicator don't use standard deviation, instead its a simple differencing of the price and the price length bars back who will provide a dispersion measurement, thus the name auto-dispersion.
The Indicator
The smooth parameter allow the band to cross the price, if smooth is low the chance of crosses are lower.
smooth = 3
PivotBoss Doji Reversal SetupPATTERN SUMMARY
1. The open and close price of the doji should fall within 10 percent of each other, as measured by the total range
of the candlestick.
2. For a bullish doji, the high of the doji candlestick should be below the ten-period simple moving average (H <
SMA(lO)).
3. For a bearish doji, the low of the doji candlestick should be above the ten-period simple moving average (L >
SMA(lO)).
4. For a bearish doji, one of the two bars following the doji must close beneath the low of the doji (C < L or C <
L ).
5. For a bullish doji setup, one of the two bars following the doji must close above the high of the doji (C > H )
or C > H )
PATTERN PSYCHOLOGY
The doji candlestick is the epitome of indecision. The pattern illustrates a virtual stalemate between buyers
and sellers, which means the existing trend may be on the verge of a reversal. If buyers have been controlling a
bullish advance over a period of time, you will typically see full-bodied candlesticks that personify the bullish
nature of the move. However, if a doji candlestick suddenly appears, the indication is that buyers are suddenly
not as confident in upside price potential as they once were. This is clearly a point of indecision, as buyers are no
longer pushing price to higher valuation, and have allowed sellers to battle them to a draw-at least for this one
candlestick. This leads to profit taking, as buyers begin to sell their profitable long positions, which is heightened
by responsive sellers entering the market due to perceived overvaluation. This "double whammy" of selling
pressure essentially pushes price lower, as responsive sellers take control of the market and push price back
toward fair value.
Keltner Channel with auto highlighting of Bear/Bull reversals*** New version @ ****
All options configurable.
Reversals are marked using crosses. as well as highlighted using green/red color (depending on bull/bear). Enjoy!
Three Bar ReversalThis script was written to make it easier to discover three bar reversal patterns.
A three bar reversal occurs when these conditions are met:
Long Setup (Reversal Up)
1. Bar 1 closes down
2. Low of Bar 2 is below the low of Bar 1 and Bar 3
3. Bar 3 closes above the high of both Bar 1 and Bar 2
Short Setup (Reversal Down)
1. Bar 1 closes up
2. High of Bar 2 is above the high of Bar 1 and Bar 3
3. Bar 3 closes below the low of both Bar 1 and Bar 2
When this indicator is added to your chart, you will see "Reversal Up" or "Reversal Down" when one of the above conditions are met.
It is recommended to use the 1 minute time frame for short scalps and 5 minute time frame for longer held day trade positions.
This indicator also has an alert option.
To enable an alert:
1. Create a new alert
2. Set condition "Reversal" and "Any alert() function call"
3. Give the alert a unique name
It is good to have an alert for different tickers and different time frames!
When the alert is triggered, you will receive a message:
Reversal up on: ticker-ID-here
or
Reversal down on: ticker-ID-here
Never miss a trade setup again!
PivotBoss Outside Reversal SetupPATTERN SUMMARY
1. The engulfing bar of a bullish outside reversal setup has a low that is below the prior bar's low (L < L ) and a
close that is above the prior bar's high (C > H ).
2. The engulfing bar of a bearish outside reversal setup has a high that is above the prior bar's high (H > H )
and a close that is below the prior bar's low (C < L ).
3. The engulfing bar is usually 5 to 25 percent larger than the size of the average bar in the lookback period.
PATTERN PSYCHOLOGY
The power behind this pattern lies in the psychology behind the traders involved in this setup. If you have
ever participated in a breakout at support or resistance only to have the market reverse sharply against you, then
you are familiar with the market dynamics of this setup. What exactly is going on at these levels? To understand
this concept is to understand the outside reversal pattern. Basically, market participants are testing the waters
above resistance or below support to make sure there is no new business to be done at these levels. When no
initiative buyers or sellers participate in range extension, responsive participants have all the information they
need to reverse price back toward a new area of perceived value.
As you look at a bullish outside reversal pattern, you will notice that the current bar's low is lower than the
prior bar's low. Essentially, the market is testing the waters below recently established lows to see if a downside
follow-through will occur. When no additional selling pressure enters the market, the result is a flood of buying
pressure that causes a springboard effect, thereby shooting price above the prior bar's highs and creating the
beginning of a bullish advance.
If you recall the child on the trampoline for a moment, you'll realize that the child had to force the bounce
mat down before he could spring into the air. Also, remember Jennifer the cake baker? She initially pushed price
to $20 per cake, which sent a flood of orders into her shop. The flood of buying pressure eventually sent the price
of her cakes to $35 apiece. Basically, price had to test the $20 level before it could rise to $35.
Let's analyze the outside reversal setup in a different light for a moment. One of the reasons I like this setup
is because the two-bar pattern reduces into the wick reversal setup, which we covered earlier in the chapter. If
you are not familiar with candlestick reduction, the idea is simple. You are taking the price data over two or more
candlesticks and combining them to create a single candlestick. Therefore, you will be taking the open, high, low,
and close prices of the bars in question to create a single composite candlestick.
Take a look at Figure 2.13, which illustrates the candlestick reduction of the outside reversal setup.
Essentially, taking the highest high and the lowest low over the two-bar period gives you the range of the
composite candlestick. Then, taking the opening price of the first candle and the closing price of the last candle
will finish off the composite candlestick. Depending on the structure of the bars of the outside reversal setup, the
result of the candlestick reduction will usually be the transformation into a wick reversal setup, which we know to
be quite powerful. Therefore, in many cases the physiology of the outside reversal pattern basically demonstrates
the inherent psychological traits of the wick reversal pattern. This is just another level of analysis that reinforces
my belief in the outside reversal setup.
CVD Absorption + Confirmation [Orderflow & Volume]This indicator detects bullish and bearish absorption setups by combining Cumulative Volume Delta (CVD) with price action, candlestick, and volume confirmations.
🔹 What is Absorption?
Absorption happens when aggressive buyers/sellers push CVD to new highs or lows, but price fails to follow through.
Bearish absorption: CVD makes a higher high, but price does not.
Bullish absorption: CVD makes a lower low, but price does not.
This often signals that limit orders are absorbing aggressive market orders, creating potential reversal points.
🔹 Confirmation Patterns
Absorption signals are only shown if they are validated by one of the following patterns:
Engulfing candle with low volume → reversal faces little resistance.
Engulfing candle with high volume → strong aggressive participation.
Pin bar with high volume → absorption visible in the wick.
CVD flattening / slope reversal → shift in aggressive order flow.
🔹 Signals
✅ Bullish absorption confirmed → Green label below the bar.
❌ Bearish absorption confirmed → Red label above the bar.
Each label represents a potential reversal setup after orderflow absorption is validated.
🔹 Alerts
Built-in alerts are included for both bullish and bearish confirmations, so you can track setups in real-time without watching the chart 24/7.
📌 How to Use:
Best applied at key levels (supply/demand, VWAP, OR, liquidity zones).
Look for confluence with your trading strategy before taking entries.
Works on all markets and timeframes where volume is reliable.
Volatility Wick Trap — Smart Reversal EngineThe Volatility Wick Trap — Smart Reversal Engine is a precision reversal detection tool designed for traders who rely on smart money footprints, volatility compression, and liquidity wick exhaustion to time entries near market turns.
💡 Core Components:
Volatility Squeeze Detection: Identifies candles where range compresses significantly compared to the 14-period average true range, highlighting potential breakout zones.
Liquidity Wick Exhaustion: Detects candles with dominant upper or lower wicks, signaling failed liquidity grabs or stop hunts.
Contextual EMA Filter: Uses a 21-period EMA to filter signals, improving accuracy by aligning with market structure bias.
🔍 How It Works:
Green diamond lines mark bullish hidden reversal zones.
Red diamond lines mark bearish hidden reversal traps.
These lines only appear when volatility compresses and wick traps are confirmed within the trend context.
✅ Clean. Minimal. Tactical.
Ideal for scalpers, swing traders, and smart money enthusiasts looking to fade emotional price spikes.
WT + Stoch RSI Reversal Combo📊MR.Z RSI : WT + Stochastic RSI Reversal Combo
This custom indicator combines WaveTrend oscillator and Stochastic RSI to detect high-confidence market reversal points, filtering signals so they only appear when both indicators align.
🔍 Core Components:
✅ WaveTrend Oscillator
Based on smoothed deviation from EMA (similar to TCI logic)
Plots:
WT1 (main line)
WT2 (signal line = SMA of WT1)
Uses overbought/oversold thresholds (default: ±53) to filter signals
✅ Stochastic RSI
Momentum oscillator based on RSI's stochastic value
Plots:
%K: smoothed Stoch of RSI
%D: smoothed version of %K
Adjustable oversold/overbought thresholds (default: 20/80)
🔁 Combined Reversal Signal Logic:
🔼 Buy Signal
WT1 crosses above WT2 below WT oversold level (e.g., -53)
%K crosses above %D below Stoch RSI oversold level (e.g., 20)
🔽 Sell Signal
WT1 crosses below WT2 above WT overbought level (e.g., 53)
%K crosses below %D above Stoch RSI overbought level (e.g., 80)
🔔 Signals are only plotted and alerted if both conditions are true.
📌 Features:
Toggle on/off:
WaveTrend lines and histogram
Stochastic RSI
Combined Buy/Sell signals
Horizontal reference lines (±100, OB/OS)
Fully customizable smoothing lengths and thresholds
Signal plots:
✅ Green up-triangle = Combo Buy
✅ Red down-triangle = Combo Sell
Optional: Circle/cross markers for WT-only and Stoch-only signals
🔔 Built-in alerts for Buy/Sell signals
📈 Use Cases:
Reversal Trading: Wait for both indicators to confirm momentum shift
Entry Filter: Use in combination with trend indicators (like EMA)
Scalping or Swing: Works on intraday and higher timeframes
Stochastic Z-Score [AlgoAlpha]🟠 OVERVIEW
This indicator is a custom-built oscillator called the Stochastic Z-Score , which blends a volatility-normalized Z-Score with stochastic principles and smooths it using a Hull Moving Average (HMA). It transforms raw price deviations into a normalized momentum structure, then processes that through a stochastic function to better identify extreme moves. A secondary long-term momentum component is also included using an ALMA smoother. The result is a responsive oscillator that reacts to sharp imbalances while remaining stable in sideways conditions. Colored histograms, dynamic oscillator bands, and reversal labels help users visually assess shifts in momentum and identify potential turning points.
🟠 CONCEPTS
The Z-Score is calculated by comparing price to its mean and dividing by its standard deviation—this normalizes movement and highlights how far current price has stretched from typical values. This Z-Score is then passed through a stochastic function, which further refines the signal into a bounded range for easier interpretation. To reduce noise, a Hull Moving Average is applied. A separate long-term trend filter based on the ALMA of the Z-Score helps determine broader context, filtering out short-term traps. Zones are mapped with thresholds at ±2 and ±2.5 to distinguish regular momentum from extreme exhaustion. The tool is built to adapt across timeframes and assets.
🟠 FEATURES
Z-Score histogram with gradient color to visualize deviation intensity (optional toggle).
Primary oscillator line (smoothed stochastic Z-Score) with adaptive coloring based on momentum direction.
Dynamic bands at ±2 and ±2.5 to represent regular vs extreme momentum zones.
Long-term momentum line (ALMA) with contextual coloring to separate trend phases.
Automatic reversal markers when short-term crosses occur at extremes with supporting long-term momentum.
Built-in alerts for oscillator direction changes, zero-line crosses, overbought/oversold entries, and trend confirmation.
🟠 USAGE
Use this script to track momentum shifts and identify potential reversal areas. When the oscillator is rising and crosses above the previous value—especially from deeply negative zones (below -2)—and the ALMA is also above zero, this suggests bullish reversal conditions. The opposite holds for bearish setups. Reversal labels ("▲" and "▼") appear only when both short- and long-term conditions align. The ±2 and ±2.5 thresholds act as momentum warning zones; values inside are typical trends, while those beyond suggest exhaustion or extremes. Adjust the length input to match the asset’s volatility. Enable the histogram to explore underlying raw Z-Score movements. Alerts can be configured to notify key changes in momentum or zone entries.
WT + Stoch RSI Reversal ComboOverview – WT + Stoch RSI Reversal Combo
This custom TradingView indicator combines WaveTrend (WT) and Stochastic RSI (Stoch RSI) to detect high-probability market reversal zones and generate Buy/Sell signals.
It enhances accuracy by requiring confirmation from both oscillators, helping traders avoid false signals during noisy or weak trends.
🔧 Key Features:
WaveTrend Oscillator with optional Laguerre smoothing.
Stochastic RSI with adjustable smoothing and thresholds.
Buy/Sell combo signals when both indicators agree.
Histogram for WT momentum visualization.
Configurable overbought/oversold levels.
Custom dotted white lines at +100 / -100 levels for reference.
Alerts for buy/sell combo signals.
Toggle visibility for each element (lines, signals, histogram, etc.).
✅ How to Use the Indicator
1. Add to Chart
Paste the full Pine Script code into TradingView's Pine Editor and click "Add to Chart".
2. Understand the Signals
Green Triangle (BUY) – Appears when:
WT1 crosses above WT2 in oversold zone.
Stoch RSI %K crosses above %D in oversold region.
Red Triangle (SELL) – Appears when:
WT1 crosses below WT2 in overbought zone.
Stoch RSI %K crosses below %D in overbought region.
⚠️ A signal only appears when both WT and Stoch RSI agree, increasing reliability.
3. Tune Settings
Open the settings ⚙️ and adjust:
Channel Lengths, smoothing, and thresholds for both indicators.
Enable/disable visibility of:
WT lines
Histogram
Stoch RSI
Horizontal level lines
Combo signals
4. Use with Price Action
Use this indicator in conjunction with support/resistance zones, chart patterns, or trendlines.
Works best on lower timeframes (5m–1h) for scalping or 1h–4h for swing trading.
5. Set Alerts
Set alerts using:
"WT + Stoch RSI Combo BUY Signal"
"WT + Stoch RSI Combo SELL Signal"
This helps you catch setups in real time without watching the chart constantly.
📊 Ideal Use Cases
Reversal trading from extremes
Mean reversion strategies
Timing entries/exits during consolidations
Momentum confirmation for breakouts
Flexi MA Reversal🔹 FlexiMA Reversal – Customizable MA-Based Reversal Indicator
FlexiMA Reversal is a real-time, moving average-based reversal indicator designed to highlight potential market turning points using signal and alert lines. It provides visual cues for both early alerts and confirmed entry signals on candle close.
🔧 Key Features:
Customizable Moving Average Type: Choose from EMA, SMA, WMA, or VWMA (default is EMA).
Flexible MA Inputs: Configure up to three MAs (commonly used 5, 50, and 200).
Toggle Visibility: Enable or disable each MA line as needed.
Real-Time Alert System:
Thin alert lines appear when a potential reversal is detected.
Thicker signal lines confirm the reversal when price closes beyond the alert level.
Optional Visual Styling:
Choose custom colors for each MA, signal, and alert line.
Alert candles are automatically colored to match the corresponding alert line.
Option to show only signal lines for cleaner charts.
Customizable projection length for both alert and signal lines.
📈 Strategy Logic:
This indicator is designed to detect reversal opportunities based on the relationship between price and a selected short-term moving average.
Bullish Setup:
Price closes below the selected MA (e.g., EMA 5).
A bullish alert line is drawn at the high.
If a subsequent candle closes above the alert line and the MA, a bullish signal line is plotted.
Bearish Setup:
Price closes above the selected MA.
A bearish alert line is drawn at the low.
If a subsequent candle closes below the alert line and the MA, a bearish signal line is plotted.
This approach attempts to capture quick market shifts where short-term momentum reverses direction near key MA levels.
🎯 How to Use:
Although originally developed using the 5 EMA strategy, through testing it was found that using 6, 7, or 8 EMA offers even better signal quality.
To add broader trend context, 50 MA and 200 MA lines are included and can be toggled on/off based on your strategy preference.
🔍 Trend Filtering & Re-Entry Tips:
Due to the nature of shorter moving averages, reversal signals may appear frequently. For better trend alignment:
Use the 50 MA as a trend filter:
❌ Ignore bearish signals when price is above 50 MA
❌ Ignore bullish signals when price is below 50 MA
Alternatively, filtered-out signals can be used for re-entry within the trend:
For example, if you receive a bearish alert and signal above the 50 MA, and the next candle closes back above the bearish alert line, this may be interpreted as a bullish re-entry opportunity into the prevailing uptrend.
🛠️ Styling Tips:
You can disable alert candle coloring in the Style tab of the indicator settings.
Use the "Show Only Signal Lines" checkbox to keep the chart minimalistic while still tracking confirmed entries.
Flexible Reversal DetectorFlexible Reversal Detector
An advanced, fully customizable analytical tool designed to identify local trend reversal zones based on candlestick formations. Users have full control over all logic parameters, making it adaptable to different trading styles and preferences.
Key Features
Adjustable maximum pattern length (number of candles)
Customizable body size ratios for initial, middle, and final candles
Configurable minimum price movement (in %) required before a pattern is considered valid
Colored horizontal lines showing the full length of the pattern – helpful in identifying structure, potential support/resistance zones
Optional volume filter – the volume of the final candle is compared to a volume SMA; multiplier can be adjusted (e.g. 1 = equal to average, 0.8 = 80% of average)
Logic Overview
U Pattern
Each bearish candle is treated as a potential start of a reversal pattern.
Subsequent candles, if small enough and within defined thresholds, form the middle part of the structure.
When a bullish candle with a sufficiently large body appears, it is marked as the final candle of the pattern.
The pattern is considered valid if it was preceded by a defined percentage price drop and – optionally – if the volume condition was met.
∩ Pattern
Each bullish candle may act as the initial candle of a potential reversal pattern in the opposite direction.
Following smaller candles form the middle part, as long as they meet the defined criteria.
The appearance of a strong bearish candle marks the end of the formation.
If this pattern is preceded by a certain price increase (and optionally meets the volume filter), it is highlighted on the chart.
Note: On markets with low volatility or on lower timeframes, it is recommended to reduce the percentage thresholds for signal detection. For more dynamic price action or higher timeframes, consider increasing them accordingly.
Visualization
The final candle of the pattern is marked visually on the chart (depending on direction)
Colored horizontal lines indicate the full span of the pattern – from initial to final candle
Lucy – 3-Bar Reversal with EMA50 Trend Filter📛 Lucy – 3-Bar Reversal with EMA50 Trend Filter
Purpose:
To detect and highlight bullish and bearish 3-bar reversal patterns on the chart, but only when they align with the dominant trend, defined by the EMA 50.
✅ How It Works
🟢 Bullish 3-Bar Reversal (Buy Setup):
Bar 1 is bearish (close < open)
Bar 2 makes a lower low than Bar 1
Bar 3 is bullish (close > open) and closes above Bar 2’s high
Price must be above EMA 50 (trend filter)
✅ Result: Shows a green triangle below the bar
🔴 Bearish 3-Bar Reversal (Sell Setup):
Bar 1 is bullish (close > open)
Bar 2 makes a higher high than Bar 1
Bar 3 is bearish (close < open) and closes below Bar 2’s low
Price must be below EMA 50
✅ Result: Shows a red triangle above the bar
📊 What It Plots:
🔼 Green triangle below bullish signal bar
🔽 Red triangle above bearish signal bar
🟠 Orange line = EMA50 (trend filter)
🔔 Built-in Alerts:
You’ll get an alert if:
A bullish reversal pattern forms above EMA50
A bearish reversal pattern forms below EMA50
🧠 Use Cases:
Great for trend-following traders who want clean, price-action entries
Works well on intraday (15m/1h) or swing (4h/daily) timeframes
Can be used for manual entries, or converted to strategy for automation
Pin Bar Reversal StrategyStrategy: Pin Bar Reversal with Trend Filter
One effective high-probability setup is a Pin Bar reversal in the direction of the larger trend. A pin bar is a candlestick with a tiny body and a long wick, signaling a sharp rejection of price
By itself, a pin bar often marks a potential reversal, but not all pin bars lead to profitable moves. To boost reliability, this strategy trades pin bars only when they align with the prevailing trend – for example, taking a bullish pin bar while the market is in an uptrend, or a bearish pin bar in a downtrend. The trend bias can be determined by a long-term moving average or higher timeframe analysis.
Why it works: In an uptrend, a bullish pin bar after a pullback often indicates that sellers tried to push price down but failed, and buyers are resuming control. Filtering for pin bars near key support or moving averages further improves odds of success. This aligns the entry with both a strong price pattern and the dominant market direction, yielding a higher win rate. The pin bar’s own structure provides natural levels for stop and target placement, keeping risk management straightforward.
Example Setup:
USDCHF - 4 Hour Chart
Trend SMA 12
Max Body - 34
Min Wick - 66
ATR -15
ATR Stop Loss Multiplier - 2.3
ATR Take Profit Multiplier - 2.9
Minimum ATR to Enter - 0.0025
Asia Session Reversal Strategy GOLD (Full Version)📈 Asia Session Reversal Strategy (Gold/XAUUSD)
This indicator identifies high-probability reversal trades during the second hour of the Asia session (01:00–02:00 UTC) based on 30-minute candle bias. It:
Detects initial directional push and signals reversal trades on the 1-minute chart
Plots entry, stop-loss, and take-profit levels using a 3:1 reward-to-risk ratio
Includes real-time PnL tracking, daily auto-reset, and alert notifications for BUY/SELL setups
Ideal for scalpers and intraday traders focusing on Gold during consistent, high-liquidity session windows.