Post-Death-Cross Reversal

6 hari lalu

dentifies a “death cross” (EMA200 crossing above EMA50), then plots a small green triangle when EMA20’s slope is rising and its RSI crosses above 50—signaling a potential reversal. Also displays a histogram of EMA20’s slope as a momentum gauge.

6 hari lalu

Nota Keluaran

Tracks EMA20 slope after a death cross (EMA200 over EMA50) and sets a “baseline” at that moment. As slope recovers from this negative baseline, the script plots three signals:

Strength at 50% recovery

Early Momentum at 75% recovery

Reversal when slope crosses above +50

Once the final Reversal signal appears, no more signals are generated until a golden cross (EMA50 over EMA200) resets the cycle. A histogram of the EMA20 slope provides a quick momentum gauge.

6 hari lalu

Nota Keluaran

This indicator activates only when market volatility is high (VIX > 40). When a death cross occurs (EMA200 crosses above EMA50), it records the current EMA20 slope as a baseline. As the EMA20 slope recovers from its negative level, it sequentially plots:

A Strength Signal when the slope reaches 50% recovery,

An Early Momentum Signal at 75% recovery, and

A Reversal Signal when the slope crosses above +50.

A histogram visualizes the EMA20 slope momentum, and once the reversal signal is triggered, no further signals are generated until a golden cross (EMA50 crosses above EMA200) resets the cycle.