Price Action - Reversal Bar

24 בנוב׳ 2025

Inspired by Al Brooks' "Trading Price Action Reversals," this indicator detects potential bull and bear reversal bars. Bull reversals require a green bar with close above mid-range, small upper tail (≤30%), large lower tail (≥30%), and low below previous low without significant overlap. Bear reversals are the opposite. Triangles mark these setups for early reversal signals in trends or climaxes. Remember, markets test extremes—use with trend lines for confirmation, as single bars are often traps without a second leg.

3 בינו׳

הערות שחרור

Reversal logic update
- No longer consider bar body
- Bull/Bear reversal bar depends on the direction of long tail