Updated
Candlestick Reversal System
More exclusive indicators from LonesomeTheBlue
Subscribe to LonesomeTheBlue Pro Trading Suite for $49.99/month to get exclusive indicators by this author. You pay right on TradingView and can use them on your charts straight away.
Explore LonesomeTheBlue Pro Trading SuiteHello Traders,
In the book "Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market" by Franklin Ochoa, Four different types of reversal systems were introduced and candlestick patterns are used to find reversals. I will not write a lot about the book, you should get/read it for yourself. There are many great ideas in the book, Candlesetick Reversal System, Following Trend, Time Price Opportunity, Advanced Camarilla Concepts and much more.
Reversal systems mentioned in the book are :
- Wick Reversal System
- Exteme Reversal System
- Outside Reversal System
- Doji Reversal System
I tried to add these four reversal systems to the script. If you need detailed info you better read the book ;)
Enjoy!
In the book "Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market" by Franklin Ochoa, Four different types of reversal systems were introduced and candlestick patterns are used to find reversals. I will not write a lot about the book, you should get/read it for yourself. There are many great ideas in the book, Candlesetick Reversal System, Following Trend, Time Price Opportunity, Advanced Camarilla Concepts and much more.
Reversal systems mentioned in the book are :
- Wick Reversal System
- Exteme Reversal System
- Outside Reversal System
- Doji Reversal System
I tried to add these four reversal systems to the script. If you need detailed info you better read the book ;)
Enjoy!
Release Notes
Alerts added.Release Notes
SMA addedRelease Notes
updated
🎓 Free Mini Course:
lonesometheblue.com/
🤝 Telegram community:
t.me/LonesomeTheBlue_Official
💰 Subscription to Pro indicators:
Tradingview.com/spaces/LonesomeTheBlue/
lonesometheblue.com/
🤝 Telegram community:
t.me/LonesomeTheBlue_Official
💰 Subscription to Pro indicators:
Tradingview.com/spaces/LonesomeTheBlue/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎓 Free Mini Course:
lonesometheblue.com/
🤝 Telegram community:
t.me/LonesomeTheBlue_Official
💰 Subscription to Pro indicators:
Tradingview.com/spaces/LonesomeTheBlue/
lonesometheblue.com/
🤝 Telegram community:
t.me/LonesomeTheBlue_Official
💰 Subscription to Pro indicators:
Tradingview.com/spaces/LonesomeTheBlue/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.