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Bottom Reversal Radar — Berk v1.4

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Bottom Reversal Radar — Berk v1.4

What it does:
Combines RSI recovery after oversold, MACD bull cross, close above EMA8, near-EMA200 proximity, volume expansion, and simple bullish divergence (pivot lows) into a single score.
Signal: Trigger when Score ≥ Threshold (default 3). Set alert via Create Alert → “Dipten Dönüş — Ana Sinyal” → Once per bar close.

How it works

RSI recovery: After touching oversold (30), RSI crosses up 35 within last X bars.

MACD bull cross: MACD Line crosses above Signal.

Close above EMA8 and BOS (close above recent swing high) confirm momentum.

Near EMA200: Price within −5%…+2% band adds a point.

Volume spike: Volume ≥ 1.5× SMA(20) adds a point.

Bullish divergence: Lower price low + higher RSI low (pivot 3/3) adds a point.

Inputs
RSI(14), rsiOS=30, rsiRecover=35, Volume SMA(20) with 1.5× multiplier, EMA200 proximity band −5%…+2%, lookbackBars=5, Score threshold default 3.

Usage tips
Best on Daily / 4H. If too many false positives: raise threshold to 4 and volume to 1.8–2.0×.
Pair with Screener filters: RSI≥35, MACD Line>Signal, Price above EMA8, Volume/Avg(20)≥1.5, and near EMA200 (%).

Disclaimer
For educational purposes only. Not financial advice.

Release notes (v1.4)
Fixed bullDiv typo; simplified visuals; Pine v5.

Tags: rsi, macd, ema, volume, divergence, reversal, trend, screener, bist, stocks, crypto

Penafian

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