Retracement and Reversal Ver 1 — Indicator by mehul1974

trendanalysis retracement reversal trend

For Details of Retracement and Reversal, please see :

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Legends:

5R - 5th Grade Red (Darkest)
4R - 4th Grade Red
3R - 3rd Grade Red
2R - 2nd Grade Red
1R - 1st Grade Red (Lightest)

RR - Retracement in Red

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5G - 5th Grade Green (Darkest)
4G - 4th Grade Green
3G - 3rd Grade Green
2G - 2nd Grade Green
1G - 1st Grade Green (Lightest)

RG - Retracement in Green

Green_Dot : Opportunity to Long
Red_Dot: Opportunity to Short

Release Notes:

//Added more alerts.

Release Notes:

//Publish on nifty 50

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Updated alerts...

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