Semi Reversal Indicator
Basic Indicator
The 'Semi Reversal Signal Indicator' is designed to provide high-quality signals using volume and candlestick patterns at key Support and Resistance (S&R) levels, helping traders to enter trade safely
Intermediate
follow trends
reversal
Key Features
- Super quality signal
- No entry if placed at incorrect S&R
- Suitable for Reverse Trading at S&R
References Indicator
Fixed Range Volume Profile (Drag on chart), Fibonacci, and Any Support and Resistance Indicator
How to Use
Big Time Frame Reversal:
- Always draw using 4-hour body
- If big timeframe reversal, e.g., Daily S&R or 1.382 level
- Use 4-hour to set alert (recommended)
Recommended Settings
Default Settings are good enough with volume confirmation set to high. Alternate settings with moderate volume confirmation can be used for some tokens.
Stop Loss Settings
- Default: Stop loss - Wick + 1%
- Volume confirmation: High (recommended), but moderate volume can work for some tokens
Small Time Frame Reversal:
- Can be used for small timeframe reversals as well
- Suggest to follow trend for this
- Draw using 4-hour body
- Use 1-hour to set alert