PROTECTED SOURCE SCRIPT
Reversal Finder 1
The Reversal Finder indicator detects potential market reversals by combining multiple technical analysis tools. It uses:
RSI (Relative Strength Index) to identify overbought and oversold conditions.
Supertrend to confirm trend reversals.
Volume Analysis to validate significant price moves.
Fibonacci Retracement for key support and resistance levels.
Candlestick Patterns like Engulfing, Doji, Hammer, and Shooting Star for additional confirmation.
Divergence Detection based on RSI to spot trend exhaustion.
RSI (Relative Strength Index) to identify overbought and oversold conditions.
Supertrend to confirm trend reversals.
Volume Analysis to validate significant price moves.
Fibonacci Retracement for key support and resistance levels.
Candlestick Patterns like Engulfing, Doji, Hammer, and Shooting Star for additional confirmation.
Divergence Detection based on RSI to spot trend exhaustion.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.