OPEN-SOURCE SCRIPT
Extreme Reversal Signals (Dual Band)
Title: [Extreme Reversal Signals (Dual Band)]
【 What is this? 】
A powerful mean-reversion indicator designed to catch absolute tops and bottoms while filtering out consecutive false signals during strong trends. Built on a customized Dual-Band Keltner Channel, it identifies high-probability turning points and extreme V-shape reversals.
【 Key Features 】
🎯 Smart Signal Filter: No more "false consecutive signals" mid-trend. After a reversal signal fires, it locks down and requires a real-body close across the Middle Band to "reload" for the next setup.
✅ Real-Body Confirmation (High Win Rate): For regular channel touches (default 2.0 ATR), the script requires a candlestick reversal (e.g., closes red at the top) before printing a signal.
⚡ Extreme V-Shape Catcher (High Reward): If the price violently crashes through the Extreme Band (default 3.0 ATR), it bypasses all rules and fires immediately to catch panic selling or euphoric buying.
【 How to use 】
Red Cross: Potential Top / Short opportunity.
Green Cross: Potential Bottom / Long opportunity.
Tip: Increase the "Regular Multiplier" to 2.5 or 2.8 if you trade highly volatile crypto assets to avoid early signals.
極端例外倍數 (無腦接刀)： 預設 3.0。若操作波動率極高的加密貨幣妖幣，建議上調至 3.5 甚至 4.0，避免在狂暴單邊行情中過早摸頂。
【 What is this? 】
A powerful mean-reversion indicator designed to catch absolute tops and bottoms while filtering out consecutive false signals during strong trends. Built on a customized Dual-Band Keltner Channel, it identifies high-probability turning points and extreme V-shape reversals.
【 Key Features 】
🎯 Smart Signal Filter: No more "false consecutive signals" mid-trend. After a reversal signal fires, it locks down and requires a real-body close across the Middle Band to "reload" for the next setup.
✅ Real-Body Confirmation (High Win Rate): For regular channel touches (default 2.0 ATR), the script requires a candlestick reversal (e.g., closes red at the top) before printing a signal.
⚡ Extreme V-Shape Catcher (High Reward): If the price violently crashes through the Extreme Band (default 3.0 ATR), it bypasses all rules and fires immediately to catch panic selling or euphoric buying.
【 How to use 】
Red Cross: Potential Top / Short opportunity.
Green Cross: Potential Bottom / Long opportunity.
Tip: Increase the "Regular Multiplier" to 2.5 or 2.8 if you trade highly volatile crypto assets to avoid early signals.
極端例外倍數 (無腦接刀)： 預設 3.0。若操作波動率極高的加密貨幣妖幣，建議上調至 3.5 甚至 4.0，避免在狂暴單邊行情中過早摸頂。
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.