Reversal Bars

15 gru 2022

Reversals, both upward and downward, show where major market participants believe a stock has gone too far and can often mark a change in trend.

Upside Reversal:
Current bar undercuts previous bar
Price closes in the upper 60% of the range

Downside Reversal:
Current bar makes a high above previous bar
Price closes in the lower 60% of the range

This indicator will plot a label below an upside reversal and above a downside reversal that shows the closing range of the bar.

29 gru 2022

Informacje o Wersji

Can now select label colors.

31 gru 2022

Informacje o Wersji

Can now show the last upside and downside reversal or choose to show only upside or only downside reversals.

19 sty 2023

Informacje o Wersji

Option to show historical reversal bars

30 sty 2023

Informacje o Wersji

Alert function added

13 kwi 2023

Informacje o Wersji

Small change to label placement and ability to choose text color for labels.

25 cze

Informacje o Wersji

Update to make signals better and more display options.

Toggle on/off a requirement for the upside reversal low to be below the 21 ema or 50 sma and close back above the moving average.

Toggle on/off a requirement for the downside reversal high to be the highest bar of the last 21 bars.

Option to change bar colors for reversal bars, allowing labels to be turned off.