Reversal Radar
- Indicators
- Muhammad Abdullah Bhatti
- Version: 1.0
- Activations: 20
Reversal Radar
Pinpoint Market Extremes with Confidence
Overview
Reversal Radar is an advanced technical indicator designed to detect potential market turning points by identifying extreme tops and bottoms. Whether you’re a swing trader looking to catch big reversals or an intraday trader aiming to avoid false breakouts, Reversal Radar provides clear, visual signals right where the market may be preparing to change direction.
Key Features
-
Extreme Top/Bottom Detection
- Automatically spots significant price peaks and troughs.
- Ideal for early entries on potential trend reversals.
-
Minimal Lag, Maximum Clarity
- Utilizes a specialized depth and volatility filter to reduce noise.
- Provides timely alerts with minimal delay.
-
Visual Signals & Alerts
- Highlights possible reversal zones on the chart.
-
Adaptive Parameters
- Fully customizable for various trading styles and timeframes.
- Adjust sensitivity to suit scalping, day trading, or swing trading.
-
User-Friendly Interface
- Clean, intuitive design with simple inputs.
- Perfect for beginners and experienced traders alike.
How It Works
-
Depth Analysis
- Reversal Radar monitors historical price swings, identifying where momentum has previously shifted.
-
Volatility Filtering
- A proprietary algorithm filters out minor fluctuations, focusing only on robust top/bottom patterns.
-
Dynamic Thresholds
- Adjust the sensitivity to capture more frequent signals (aggressive trading) or fewer, more confirmed signals (conservative trading)
Usage Recommendations
- Timeframes: Works across all timeframes; H1 or higher is generally recommended for clearer signals.
- Markets: Suitable for Forex, indices, commodities, cryptocurrencies, and stocks.
- Pairing: Combine with your favorite momentum oscillator or trend filter for added confirmation.
Disclaimer
No indicator can guarantee 100% accuracy. Past performance does not guarantee future results. Always practice proper risk management and test your strategy on a demo account before going live.