OPEN-SOURCE SCRIPT

SC_Reversal Confirmation 30 minutes by Claude (Version 1)

251
📉 When to Use
Use this setup when the stock is in a downtrend and a bullish reversal is anticipated.

🔍 Recommended Usage This model is designed for pullback phases, where the asset is declining and a reversal is expected. It helps filter out weak signals and waits for technical confirmation before triggering an entry.

✅ Entry Signal Green triangles appear only when all reversal conditions are fully met. Entry may occur slightly after the bottom, but with a reduced likelihood of false signals.

📊 Suggested Settings Apply on a 30-minute chart using a 100-period Exponential Moving Average (EMA) based on close. Recommended for Cobalt Chart 0.

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