BarFlow Reversal [SiDec]BarFlow Reversal is a powerful indicator designed to help traders spot momentum exhaustion and potential turning points using consecutive candle streaks. It tracks up- and down-runs, highlights key exhaustion counts (like 9, 11, 13, 15), and provides clean visual signals alongside an optional multi-timeframe dashboard — giving you a powerful, customisable momentum map right on your chart.
Overview
Main Components
1. Run Counters
gCnt increments on up‑closes or dojis; rCnt increments on down‑closes or dojis.
seqCount is the larger of those two, and only streaks at or above your Min Consecutive
Special “strong” counts are emphasised with larger labels and unique colours.
2. Reversal Signals
➡️ An arrow plots when a streak of at least your Reversal Threshold is followed by:
A candle closing opposite the streak
Volume above a configurable multiple of its 25‑bar average
ATR expanding
➡️ Arrows come in three strengths (Weak, Strong, Max) based on the prior streak length and your predefined “strong” counts.
3. Bar Shading
Optionally tint each bar during an active run for instant visual feedback on trend direction and strength.
4. Multi‑Timeframe Dashboard
Displays current vs. previous run counts on 1H, 4H, 12H, Daily, Weekly, and Monthly.
Colour‑coded cells show direction and highlight special counts, so you can quickly assess broader momentum.
5. Clean Label Management
Automatically removes outdated streak labels to keep your chart uncluttered.
Labels are positioned just above or below bars and offset slightly to avoid overlap.
Inputs at a Glance
Appearance: Choose Classic, Mono, or Manual theme; set Dark/Light background.
Counting: Define minimum streak length, list of strong counts, and toggle bar shading.
Trend & Filters: Adjust volume multiplier, reversal threshold, and enable/disable arrow plotting.
Dashboard & Cleanup: Show or hide the multi‑timeframe table; auto‑clear old labels.
Colours: Fully customise run labels, special counts, arrows, and dashboard.
Important Trading Note
BarFlow Reversal is not a standalone indicator.
It’s designed to be used in combination with other confluence factors — such as key support/resistance levels, supply/demand zones, VWAP, Fibonacci, liquidity zones, or your preferred price action setups.
While BarFlow Reversal can help you identify moments of exhaustion or likely reversals, it does not provide full trade signals on its own.
Make sure to combine it with proper confirmation tools and risk management before entering trades.
Here are some example screenshots of this indicator in action:
Quick Start
Once you click “Add to favorites,” you’ll find BarFlow Reversal under Indicators for quick use on any chart.
Tweak inputs to match your trading style: set streak lengths, arrow sensitivity, and colour themes.
Watch as BarFlow Reversal highlights exhaustion points and reversal opportunities—across all your favorite timeframes.
If you find it helpful, feel free to leave a like or comment and let me know how you use BarFlow Reversal in your own trading!
Happy trading! 📈
Reversalindicator
Donchian Trend Ranges [AlgoAlpha]🚀🔗 Donchian Trend Ranges 🔗🚀
Elevate your trading game with the Donchian Trend Ranges indicator from AlgoAlpha! 🌟📈 This advanced tool helps you visualize market trends and potential reversal points using Donchian channels, volatility measures, and average true range (ATR).
Key Features
⚙️ Customizable Parameters: Adjust the lookback period and range multiplier to fit your trading style.
🎨 Color-Coded Trends: Easily distinguish between uptrends and downtrends with customizable colors.
📊 Dynamic Channels: Visualize multiple dynamic channels based on Donchian ranges and volatility.
☁️ Trend Clouds: See market strength and weakness with upper and lower trend clouds.
🔔 Signal Alerts: Get notified of potential trend shifts and take profit points.
How to Use
🛠 Add the Indicator: Add the indicator to favorites. Customize settings such as the lookback period and range multiplier to match your trading needs.
🔍 Analyze Trends: The indicator calculates the highest and lowest prices over a specified period to create dynamic channels. It then uses standard deviation and ATR to adjust these channels for market volatility, plotting upper and lower ranges. Green bars indicate an up trend and red bars for a down trend.
🔔 Set Alerts: Enable notifications for bullish and bearish trend shifts, as well as weak and strong take profit points, ensuring you never miss an opportunity.
How it Works
The Donchian Trend Ranges indicator calculates the highest and lowest prices over a specified period to create a basis line. It creates a range around the basis based on standard deviations and the clouds' width is determined by a 14 period ATR. The basis line and bar colors changes based on whether the closing price is above or below it, indicating trends. Clouds around these lines represent market reversal zones that can be used as entry levels when used in confluence with momentum indicators, visual signals ("X" and "◆") marking strong and weak take profit points are also printed when the prices revert from the clouds towards the basis. Integrated alerts notify you of significant events like trend shifts and take profit signals, keeping you informed without constant monitoring.
Unleash the power of the Donchian Trend Ranges in your trading strategy! 🌐📈✨
2B Reversal Pattern (Expo)█ Overview
The 2B reversal pattern , also called the "spring pattern", is a popular chart pattern professional traders use to identify potential trend reversals. It occurs when the price appears to be breaking down or up and then suddenly bounces back up/down, forming a "spring" or "false breakout" pattern. This pattern indicates that the trend is losing momentum and that a reversal is coming.
In a bearish market , the "spring pattern" occurs when the price of an asset breaks below a support level, causing many traders to sell their positions and causing the price to drop even further. However, the selling pressure eases at some point, and the price begins to rebound, "springing" back above the support level. This rebound creates a long opportunity for traders who can enter the market at a lower price.
In a bullish market , the "spring pattern" occurs when the price of an asset breaks above a resistance level, causing many traders to buy into the asset and drive the price up even further. However, the buying pressure eases at some point, and the price begins to decline, "springing" below the resistance level. This decline creates a selling opportunity for traders who can short the market at a higher price.
█ What are the benefits of using the 2B Reversal Pattern?
The benefits of using the 2B Reversal pattern as a trader include identifying potential buying or selling opportunities with reduced risk. By waiting for the price to "spring back" to the initial breakout level, traders can avoid entering the market too soon and minimize the risk of potential losses.
█ How to use
Traders can use the 2B reversal pattern to identify reversals. If the pattern occurs after an uptrend, traders may sell their long positions or enter a short position, anticipating a reversal to a downtrend. If the pattern occurs after a downtrend, traders may sell their short positions or enter a long position, anticipating a reversal to an uptrend.
█ Consolidation Strategy
First, traders should identify a period of price consolidation or a trading range where the price has been trading sideways for some time. The key feature of the "spring pattern" is a sudden, sharp move downward/upwards through the lower/upper boundary of this trading range, often accompanied by high volume.
However, instead of continuing to move lower/higher, the price then quickly recovers and moves back into the trading range, often on low volume. This quick recovery is the "spring" part of the pattern and suggests that the market has rejected the lower/higher price and that buying/selling pressure is building.
Traders may use the "spring pattern" as a signal to buy/sell the asset, suggesting strong demand/supply for the stock at the lower/higher price level. However, as with all trading strategies, it is important to use other indicators and to manage risk to minimize potential losses carefully.
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Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
