OPEN-SOURCE SCRIPT
True Reversal & Internal Displacement by (myeyes_closed)
How to use this script to find the "True Reversal":
Identify the Established High: Look for the label marked "Established High." This is your potential peak.
Wait for Internal Displacement: Watch the "Internal Low" line. A "True Reversal" begins when price closes below this line with a large-bodied candle (marked as "MSS / Displacement").
Check for FVG: If a red box (Fair Value Gap) appears during that break, it confirms that the displacement was backed by heavy selling volume.
The Reversal Point: The established high is highly likely to be the "true" reversal point if price does not close back above the FVG zone on the next retracement.
Identify the Established High: Look for the label marked "Established High." This is your potential peak.
Wait for Internal Displacement: Watch the "Internal Low" line. A "True Reversal" begins when price closes below this line with a large-bodied candle (marked as "MSS / Displacement").
Check for FVG: If a red box (Fair Value Gap) appears during that break, it confirms that the displacement was backed by heavy selling volume.
The Reversal Point: The established high is highly likely to be the "true" reversal point if price does not close back above the FVG zone on the next retracement.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。