TradingEdge_Academy

Tradingedge Academy REVERSAL CATCHER (RECAT)

Core idea behind designing this tool is to CATCH REVERSALS in the live market.

Reversal can be a TREND REVERSAL or a TEMPORARY PULL BACK. This tool works perfectly in both situations.


HOW TO USE:
AFTER YOU APPLY THE SCRIPT.

1. WAIT FOR THE FORMATION BLUE/YELLOW COLOURED BARS AT DAY HIGH/LOW.
Accuracy is highest when the REVERSALS are caught at DAY HIGH/LOW. I would suggest you to work only on DAY HIGH/LOW candles.
Do not jump into the trade. Wait for the candle to close.

2. BLUE represents the start of a BEARISH TREND or simply "SELL SIGNAL".
YELLOW represents the beginning of a BULLISH TREND or simply "BUY SIGNAL".

3. If the BLUE candle is formed at DAY HIGH.
SELL below it's LOW with DAY HIGH as Stoploss. (Keep some BUFFER).

If the YELLOW candle is formed at DAY LOW.
BUY above it's HIGH with DAY LOW as Stoploss. (Keep some BUFFER).

4. TARGET
Risk : Reward = 1:1
Trail Stoploss for 1:2, 1:2.5, 1:3



NOTE:
RECAT can be used in any timeframe. However, lower timeframes tend to have more noise as compared to 15mins and above.
RECAT can be used with all the SCRIPTS. However, high volume scripts give better results.
THERE IS ABSOLUTELY NO REPAINTING AFTER THE CANDLE IS CLOSED.


CONTACT ME FOR ACCESS.
DETAILS IN SIGNATURE.
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 TradingEdge_Academy for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until 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 Public Library.

Want to use this script on a chart?

Warning: please read before requesting access.

-
Gurpreet Rainu
Whatsapp - +91 9999 504 500
TELEGRAM - https://t.me/tradingedgeacademy
PAID CALLS - https://front.page/te-charts

Comments

Please provide access for the indicator.
+24 Reply
Hi
Today I saw your charts on front page app and its working perfectly pls give access.
+13 Reply
Hi please give access to the indicator for backtest
+3 Reply
This is a total scam! They are asking for huge monthly fees! Don’t buy it.
+2 Reply
Please provide access
Thanks in advance.
+2 Reply
Hi pls give access to the indicator
+1 Reply
Sir, How to get access?
Reply
Please provide access
Thanks in advance.
Reply
Sir, How to get access?
Reply
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