[XIDEN] Reversal Scanner
Xiden's reversal scanner is based on SMA.
It gives you visual reversal zones and possible entries to enter a reversal trade.
We always try to keep the chart clean, so we didn't go back on visuals, just essentials.
Here is a bullish example:
The blue cross indicates the start of a bullish reversal zone.
The blue flag indicates the end of the bullish reversal zone.
The green arrow marks a possible long entry.
Here is a bearish example:
Again:
The blue cross indicates the start of a bearish reversal zone.
The blue flag indicates the end of the bearish reversal zone.
The red arrow marks a possible short entry.
Don't use this tool as a standalone indicator to trade, always DYOR and use other factors to confirm a possible reversal.
It gives you visual reversal zones and possible entries to enter a reversal trade.
We always try to keep the chart clean, so we didn't go back on visuals, just essentials.
Here is a bullish example:
The blue cross indicates the start of a bullish reversal zone.
The blue flag indicates the end of the bullish reversal zone.
The green arrow marks a possible long entry.
Here is a bearish example:
Again:
The blue cross indicates the start of a bearish reversal zone.
The blue flag indicates the end of the bearish reversal zone.
The red arrow marks a possible short entry.
Don't use this tool as a standalone indicator to trade, always DYOR and use other factors to confirm a possible reversal.