INVITE-ONLY SCRIPT

[GrandAlgo] Reversal Market Structure


The Reversal Market Structure indicator is a powerful tool designed to identify and visualize price action patterns commonly associated with market reversals. By plotting these patterns directly on the chart, it helps traders quickly identify key levels where trends may shift. To enhance analysis, the indicator also incorporates Fair Value Gaps (FVGs), offering insights into retracement levels and potential entry points.

Ideal for use near key support and resistance levels, this tool provides confluence to trading strategies, enabling traders to align their decisions with critical market zones. With advanced logic and dynamic updates, the Reversal Market Structure indicator delivers actionable insights for navigating complex price movements.

How It Works
  • Reversal Pattern Detection: Identifies and highlights price action patterns that are commonly associated with market reversals.
  • Fair Value Gap (FVG) Integration: Plots FVGs to identify retracement levels and assess the strength of reversal patterns.
  • Dynamic Updates: Continuously adjusts to reflect evolving market conditions.


snapshot

Key Features
  • Automatically detects and visualizes reversal price action patterns.
  • Integrates Fair Value Gaps to enhance retracement analysis and entry precision.
  • Provides real-time updates for accurate and current market insights.
  • Customizable settings for compatibility across timeframes and market types, including Forex, crypto, stocks, and indices.
  • Offers clear visual cues for streamlined chart interpretation.


Use Cases
  • Spot reversal zones to capitalize on potential trend shifts.
  • Analyze retracement opportunities for precise entries using FVGs.
  • Combine reversal patterns with key levels from higher timeframe to improve trade confidence.
  • Adaptable to trending and ranging market conditions.
  • Suitable for all trading styles, including day trading, swing trading, and long-term investing.

Candlestick analysisChart patternsmarketstructurepriceactionanalysispriceactiontradingreversalreversaltradingTrend Analysistrendreversalpattern

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact GrandAlgo for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

Get instant access here: https://grandalgo.com/

Want to use this script on a chart?

Warning: please read before requesting access.

Also on:

Disclaimer