OPEN-SOURCE SCRIPT
Updated Reversal Trading Checklist
Use to grade your reversal trades before execution.
Middle Half of hour refers to :15ish-:45ish when reversals are higher probability. After :45-:15 reversals have lower chance of occurring. Not a super highly weighted item but it will help.
Middle Half of hour refers to :15ish-:45ish when reversals are higher probability. After :45-:15 reversals have lower chance of occurring. Not a super highly weighted item but it will help.
Release Notes
Updated 16 Jan 2026.Changed the grading logic a bit.
Any two of the bottom three unchecked makes a trade Not Applicable now.
Any two of the top 4 less important confluences is now the worse of the two grades, and the grading for middle of hour was increased from B- to A- due to holding slightly less weight in actual trading.
Release Notes
Changed option 4 to automatically be singular gap instead of middle half of hourRelease Notes
Update 4Feb2026 - Changed grading logic a bit. HTF FVG delivery missing is less strict because I notice many trades still win at least 1:1rr without one, no premium discount is B- instead of C because there are many good draw on liquidity setups using the 50% line as a delivery, and no liq is a B.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.