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Smart Reversal Signal (Stoch + RSI + EQH/EQL) v1.1
📘 Smart Reversal Signal (Stoch + RSI + EQH/EQL)
The Smart Reversal Signal v1.1 is a multi-confirmation reversal indicator that combines momentum and price action signals across timeframes. It is designed to help traders detect high-probability reversal zones based on confluence between stochastic, RSI, and key price structures.
✅ Key Features:
📊 Stochastic Crossover: Detects K and D line crossovers to identify potential overbought/oversold reversal points.
📈 RSI Signal: Confirms momentum exhaustion by checking RSI crossing above/below overbought/oversold levels.
🏛️ EQH/EQL Detection: Identifies Equal Highs (EQH) and Equal Lows (EQL) from higher timeframes as strong reversal zones.
⏱ Multi-Timeframe Lookback: Uses selected timeframe and historical depth to improve signal quality and reduce noise.
🎯 Reversal Alerts: Highlights confluence zones where multiple conditions align for a potential trend reversal.
🌐 Custom Timeframe Support: Analyze signals using data from different timeframes, regardless of current chart.
⚙️ Inputs:
Stochastic Parameters: %K, %D length and smoothing
RSI Parameters: Length, Overbought/Oversold levels
EQH/EQL Settings: Timeframe, Lookback bars
Signal Conditions: Enable/disable RSI and Stoch filter logic
📈 Use Cases:
Catch trend reversals at exhaustion points
Identify smart entry zones near EQH/EQL levels
Combine momentum + structure for higher accuracy
Adaptable for both scalping and swing trading
The Smart Reversal Signal v1.1 is a multi-confirmation reversal indicator that combines momentum and price action signals across timeframes. It is designed to help traders detect high-probability reversal zones based on confluence between stochastic, RSI, and key price structures.
✅ Key Features:
📊 Stochastic Crossover: Detects K and D line crossovers to identify potential overbought/oversold reversal points.
📈 RSI Signal: Confirms momentum exhaustion by checking RSI crossing above/below overbought/oversold levels.
🏛️ EQH/EQL Detection: Identifies Equal Highs (EQH) and Equal Lows (EQL) from higher timeframes as strong reversal zones.
⏱ Multi-Timeframe Lookback: Uses selected timeframe and historical depth to improve signal quality and reduce noise.
🎯 Reversal Alerts: Highlights confluence zones where multiple conditions align for a potential trend reversal.
🌐 Custom Timeframe Support: Analyze signals using data from different timeframes, regardless of current chart.
⚙️ Inputs:
Stochastic Parameters: %K, %D length and smoothing
RSI Parameters: Length, Overbought/Oversold levels
EQH/EQL Settings: Timeframe, Lookback bars
Signal Conditions: Enable/disable RSI and Stoch filter logic
📈 Use Cases:
Catch trend reversals at exhaustion points
Identify smart entry zones near EQH/EQL levels
Combine momentum + structure for higher accuracy
Adaptable for both scalping and swing trading
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Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.