Reversal Algo (Expo)

2020년 10월 21일

"It has never been easier to find high probability trades"

Reversal Algo (Expo) is an automated Reversal System that analyzes the market in real-time and identifies high probability short term and long term trend reversal- and scalping signals as well as key market zones, and trends. The adaptive and unique reversal bands act as support & resistance zones, and together with the trend tracking feature, it serves as a trend confirmation. The system does also comes with a Top & Bottom finder that detects potential tops and bottoms that can be used as scalping entries or take profit points.

This Reversal System is developed to catch both short term and long term trend reversal and provide clarity in the current trend direction. The system aims to make it easier to come in early in a new trend as well as to stay longer in that trend. One of the main features is that the system has already filtered out false and choppy signals and aims to leave the most accurate ones.

One of the main goals was to make a system that works well without having Heiken Ashi candles. However, if you apply the system to Heiken Ashi candles you will have an additional layer of noise filtering.

Key differences between Trend Algo and Reversal Algo are that Reversal Algo is more responsive to price action and has a dynamic and adaptive Reversal cloud. The Reversal Algo does also has the tops/bottoms finder. These two systems can be used together.


The user can enable the following:

• ATR Trailing Stop - Helps to identify the trend as well as where to have your stop loss.
  
• Trend Tracking Line - Helps to identify Strong trends and areas of trend reversals.
  
• Trend Steps- Helps to highlight where the current trend direction has found a new base.
  
• Reversal Band - Helps to identify the trading range, strong trends, and areas of reversals.
  
• Trend Scalping Dots - Helps to keep track of the short term price action.
  

Noise- and Signal filters:

• Depending on your trading style you can choose between different trend filters and signals sensitivities.
  

Real-Time Alerts
No Repainting
Works on any market and in any timeframe

The indicator can be used standalone or as a part of your current trading strategy.


HOW TO USE

• Use the indicator to identify reversal signals.
  
• Use the indicator to identify trends.
  
• Use the indicator to identify tops & bottoms signals.
  
• Use the indicator to identify scalping signals.
  

INDICATOR IN ACTION

1-hour chart



Top/Bottom Finder

1-hour chart




I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!



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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas 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, 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/strategies/ideas are only for educational purposes!



ACCESS THE INDICATOR

• Contact me on TradingView or use the links below

2020년 10월 23일

릴리즈 노트

Major Improvements!

• Performance Improvements
  
• Trend Cloud Added. Highlights trends and overbought/oversold areas.
  

2020년 10월 26일

릴리즈 노트

Improvements!

• Performance Improvements
  
• Optimization of the input settings layout
  

2020년 12월 2일

릴리즈 노트

Major improvements! Reversal Algo Premium v2.0 (Expo)

• Adaptive calculation added. Works as a trend filter.
  
• Performance improvements.
  
• Fractal signals with alerts added.
  
• "All in one" alerts added.
  
• Minor changes.
  

2020년 12월 14일

릴리즈 노트

Improvements! Reversal Algo Premium v2.1 (Expo)

• Performance improvements
  
• Improved Top/Bottom Catcher calculations + Alerts Added
  
• Minor changes
  

2020년 12월 20일

릴리즈 노트

Improvements! Reversal Algo Premium v2.2 (Expo)

• Performance improvements
  

2020년 12월 26일

릴리즈 노트

Improvements! Reversal Algo Premium v2.3 (Expo)

• The Faster Reversal Cloud can be enabled/disabled
  
• Trend Line Alerts Added
  

2020년 12월 30일

릴리즈 노트

Improvements! Reversal Algo Premium v2.4 (Expo)

• Adjust the Buy/Sell signal length separately. Huge improvement for those that want to have different sensitivity for the Buy/Sell signals
  

2021년 2월 2일

릴리즈 노트

Improvements! Reversal Algo Premium v2.5 (Expo)

• Performance Improvements
  

2021년 4월 7일

릴리즈 노트

Improvements!

• Improved computing performances
  
• Minor changes
  

2021년 6월 7일

릴리즈 노트

Improvements! Reversal Algo Premium v2.6 (Expo)

• Performance Improvements
  
• All in one alert function Added
  
• Tooltips Added
  

2021년 10월 16일

릴리즈 노트

Improvements!

• Performance Improvements
  
• Trend Tracker Added
  
• Barcoloring Added
  
• Alerts Added
  

2022년 8월 5일

릴리즈 노트

Improvements!

• New Reversal Cloud
  
• New Reversal Signals
  
• Trend Grid Added
  

2022년 8월 5일

릴리즈 노트

Improvements!

• Performance improvements
  

2023년 9월 14일

릴리즈 노트

Performance Improvements!

• AI Cloud Added
  
• AI Trend Tracker Added
  
• AI Reversal Candle Coloring Added