This indicator helps avoid taking reversal trades too close to the 21 EMA, which may fail since the market often continues its trend after retracing from the 21 EMA level. It does not generate a direct signal for reversal trades but rather indicates points where you can consider potential reversal trades based on your trading methodology This script defines an...
The primary objective of this indicator is to discern candles that exhibit characteristics suggestive of potential market reversals through the application of candlestick analysis. Extensive observation across various assets and timeframes has revealed the existence of a recurrent reversal pattern. This pattern typically manifests as a sequence of one to three...
This trading set up will show the Frank Ochoa's 4 reversal candles with the 'RSI and volume filters' along with the necessary pivots. You will be able to select the RSI and volume filters individually for all the 4 setups. It will also show the colored RSI candle when the RSI conditions met. You can also set the Initial Balance based on your preference. Lot more...
Turn your computer into a profit finding machine. Every time the market changes direction, there's money to be made. Every stock, every currency, every trading instrument, experiences short-term reversals. JCREV -- short for JC Reversal Finder -- is a powerful pro-level indicator that works with TradingView to help you hunt down and locate reversals before...
Script contains Inverted Hammer and Shooting Star models. User can select period for candle size calculation (for distinguish short and long candles), on/off highlighting of pattern candles.