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ChaosSN Reversal Signal v2

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I calculated various metrics to measure exhaustion and mean diversion to plot arrows for a likely reversal point.

Use the input window to tailor the sensitivity of the arrows based on the amount of volatility your chart is experiencing (lower = more sensistive). The most common inputs for me are 8, 13, 21.

v2 Update:
Tweaked under the hood and added some bar colors.

Purple Bar = a secondary reversal indicator. Alignment with an arrow makes it a very strong signal.
Yellow Bar = pause in the action and a large move may occur soon
Nota Keluaran
Added alarms for reversals
Nota Keluaran
Added new labels for cleaner chart and an extra optional reversal fractal indicator.

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.