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Hunters Reversal v2.3

Three independent reversal signals, each detecting a different type of turning point. When multiple signals cluster together within a short window, the probability of reversal increases significantly.

Part of the Hunters Framework ... WHERE / WHEN / WHY

SIGNAL 1: LIQUIDITY SWEEP

Detects when price wicks beyond a confirmed pivot high or low, triggers the stops sitting there, then closes back inside. This is the "stop hunt" pattern.

Unlike simple wick detection, this version requires:
- The level being swept must be a confirmed pivot (not just a rolling extreme)
- The sweep candle must penetrate the level by a minimum amount (filters noise) but not too far (filters breakouts)
- Post-sweep confirmation: price must stay below/above the sweep extreme for N bars before the signal fires
- Signal is plotted retroactively at the actual sweep bar once confirmed

This eliminates the majority of false sweeps that plague simpler implementations.

SIGNAL 2: RSI DIVERGENCE

Classic divergence between price and RSI at confirmed pivot points.
- Bearish: price makes a higher high but RSI makes a lower high
- Bullish: price makes a lower low but RSI makes a higher low

Requires a minimum distance between the two pivots being compared (default 15 bars) to filter out noise from pivots that are too close together.

SIGNAL 3: PIVOT + EXTENSION

Fires when price forms a confirmed pivot at an extreme distance from the EMA. This catches overextended moves that are likely to snap back.

Requirements:
- The pivot must be the highest high (or lowest low) within a lookback window
- The distance from the EMA must exceed a configurable ATR multiple (default 3x ATR)

These are the rubber-band snapback setups ... price stretched too far from the mean.

TIER CLASSIFICATION (BIG SIGNALS)

When two or more of the three signals fire within a short window (default 8 bars), a large "BIG" triangle appears. These cluster signals represent the highest confidence reversals because multiple independent conditions are confirming the same turning point.

For example: a liquidity sweep at an overextended pivot WITH RSI divergence ... that is three separate reasons saying "this move is done."

INVALIDATION

Every signal comes with a built-in invalidation check. If price moves too far beyond the signal level within a configurable window (default 8 bars, 0.6 ATR), an X marker appears showing the signal was invalidated. This keeps you honest ... no holding a losing position hoping the reversal still plays out.

COOLDOWN

A per-direction cooldown (default 20 bars) prevents signal spam. After a bear signal fires, no new bear signals for 20 bars. Bull signals are tracked independently.

SETTINGS OVERVIEW

Pivot Detection:
- Left/Right bars for pivot confirmation (default 15/5)
- Minimum prominence filter (pivot must stand out from surrounding price by at least 1 ATR)

Liquidity Sweep:
- Pivot lookback for sweep targets (default 100 bars)
- Min/max penetration in ATR (0.1 to 1.0 ... filters both noise and breakouts)
- Confirmation bars (default 3 ... price must hold for 3 bars after sweep)

RSI Divergence:
- Standard RSI settings (default 14)
- Lookback and minimum distance between pivot pairs

Extension:
- EMA length (default 50)
- Minimum ATR distance from EMA (default 3x)
- Pivot must be extreme within N bars (default 30)

HOW IT FITS THE FRAMEWORK

Hunters Reversal answers WHEN ... specifically, when is a move likely exhausted and ready to reverse?

Used alongside:
- Liquidity Hunter ... shows WHERE the key levels are (the targets being swept)
- Trend Hunter ... shows the broader trend context (is this a counter-trend reversal or a pullback entry?)
- RSI+StochRSI ... provides additional momentum confirmation

The strongest setups: a Hunters Reversal BIG signal at a Liquidity Hunter zone with Trend Hunter showing momentum divergence on the higher timeframe.

ALERTS

8 alertconditions covering all signal types:
- Bear/Bull Liquidity Sweep
- Bear/Bull RSI Divergence
- Bear/Bull Pivot Extension
- Bear/Bull BIG (cluster signal ... highest priority)
EOF

grep -c "..." /home/claude/tv_publish_hunters_reversal.txt && echo "EM DASHES" || echo "Clean"

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