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Lum3n Reversal Indicator

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Lum3n Reversal Indicator
The Lum3n Reversal Indicator is a powerful tool designed to detect high-probability reversal zones by combining candlestick patterns, momentum shifts, volume spikes, and trend confirmation. This script helps traders identify early turning points backed by smart logic—not just noise.

Core Features
Candlestick Pattern Detection
Recognizes over 18 classic bullish and bearish reversal patterns, including engulfing, harami, morning/evening star, tweezer tops/bottoms, and more.

Smart Buy/Sell Logic
Filters out weak signals using RSI thresholds, moving average distance, and high-volume confirmation.

Trend Confirmation with StochRSI
Uses a smoothed Stochastic RSI engine to confirm when a pattern aligns with broader momentum.

Halo Pulse Markers
Highlights ultra-strong reversal setups with high confidence scores and visual pulse effects.

Customizable Support Levels
Set personalized support zones to refine entry timing and accuracy.

Gradient Candle Coloring
Smooth candle color transitions based on momentum and trend strength for a clean visual experience.

Signal Toggle Option
Show or hide buy/sell labels for a less cluttered chart.

How to Use:
Use standard signals for early entries and confluence.
Wait for Halo signals (high score + volume + trend) for stronger conviction.
Combine with your existing support/resistance or smart money concepts for optimal results.
Effective across multiple timeframes from 15-minute to daily charts.


Penafian

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