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SP2L RavaAcademy (poursamadi)
Rava Academy - SP2L Strategy Assistant
This indicator is an assistive tool designed by Rava Academy to implement the SP2L trading strategy, which is a price action concept focused on identifying market exhaustion and potential reversals.
Core Concept:
The underlying logic of this script is to detect a specific price action pattern known as the "Spike and Two-Legged Pullback". The indicator identifies an initial strong price movement (the Spike) followed by a corrective phase with two distinct legs. The signals are generated near the completion of the second leg, which often represents a high-probability entry point as the initial momentum is expected to resume. This mechanical approach helps traders identify these complex patterns systematically.
Key Features:
Automatic Pattern Detection: The indicator automatically scans the chart for SP2L patterns.
Clear Visual Signals: It provides straightforward arrows to indicate potential setups.
Time-Saving Analysis: This tool minimizes the need for manual pattern identification.
Multi-Market Compatibility: Optimized for Forex and Cryptocurrencies.
How to Use:
Green Arrow (▲): Indicates a potential buy setup.
Red Arrow (▼): Indicates a potential sell setup.
Disclaimer:
This tool is for educational and analytical purposes only. Trading involves significant risk. All trading decisions are the sole responsibility of the user. Past performance is not indicative of future results.
This indicator is an assistive tool designed by Rava Academy to implement the SP2L trading strategy, which is a price action concept focused on identifying market exhaustion and potential reversals.
Core Concept:
The underlying logic of this script is to detect a specific price action pattern known as the "Spike and Two-Legged Pullback". The indicator identifies an initial strong price movement (the Spike) followed by a corrective phase with two distinct legs. The signals are generated near the completion of the second leg, which often represents a high-probability entry point as the initial momentum is expected to resume. This mechanical approach helps traders identify these complex patterns systematically.
Key Features:
Automatic Pattern Detection: The indicator automatically scans the chart for SP2L patterns.
Clear Visual Signals: It provides straightforward arrows to indicate potential setups.
Time-Saving Analysis: This tool minimizes the need for manual pattern identification.
Multi-Market Compatibility: Optimized for Forex and Cryptocurrencies.
How to Use:
Green Arrow (▲): Indicates a potential buy setup.
Red Arrow (▼): Indicates a potential sell setup.
Disclaimer:
This tool is for educational and analytical purposes only. Trading involves significant risk. All trading decisions are the sole responsibility of the user. Past performance is not indicative of future results.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
Skrypt chroniony
Ten skrypt został opublikowany jako zamknięty kod źródłowy. Możesz jednak używać go swobodnie i bez żadnych ograniczeń – więcej informacji tutaj.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.