Working on a new REVERSAL indicator … Almost every signal of the "MM-Reversal-King" was right. 11 out of 12 is not that bad.
This indicator tries to show the probability of an impending reversal. It's using a number of different input signals and candle stick patterns and conditions: 6 different moving averages Averages of moving averages MACD RSI Stochastics Keltner channels Pin bar patterns Engulfment patterns The indicator is designed as an oscillator and treats...