Short-Term Reversal 15M US

This Short-Term Reversal Strategy optimized for 15-minute US stocks is a comprehensive intraday trading system designed specifically for the fast-paced American equity market operating on a 15-minute timeframe which demands quicker reaction times and tighter risk parameters compared to longer-term strategies the system is built around identifying short-term price extremes and capitalizing on the subsequent reversals that frequently occur during the US trading session from 9:45 to 15:30 Eastern Time deliberately avoiding the volatile first 15 minutes and the unpredictable final 30 minutes of the trading day it employs a sophisticated multi-layered confirmation process that starts by detecting significant price movements over a configurable lookback period typically eight bars representing two hours where a move exceeding a dynamic threshold triggers the initial signal this threshold can adapt to market volatility using the Average True Range ensuring it remains effective in both calm and turbulent conditions each signal is then filtered through several critical layers including a volume filter that checks for above-average trading activity or relative volume compared to the same time in previous days an RSI oscillator set to shorter periods suitable for intraday trading to confirm overbought or oversold conditions a VWAP filter that requires long positions to be below the Volume Weighted Average Price and short positions above it respecting the intraday trend structure and a dual EMA trend filter that can be configured for either counter-trend reversal trading or trend-following strategies the system uniquely integrates Fibonacci retracement levels drawn from recent swing highs and lows which serve as powerful confirmation zones when a reversal signal aligns with these key technical levels resulting in a high-confidence strong signal for execution risk management is rigorously automated with stop-loss orders that can be either percentage-based or derived from current volatility using ATR and take-profit targets calculated to maintain a favorable risk-reward ratio optionally enhanced by trailing stops to protect profits additionally the strategy incorporates practical market wisdom by avoiding the low-activity lunch hour between 12:00 and 13:00 EST and potentially skipping Friday afternoons to reduce weekend risk while also limiting the maximum number of trades per day to prevent overtrading and automatically closing all positions before the market closes to avoid overnight exposure visually the indicator provides a clean interface with plotted Fibonacci levels VWAP and EMA lines while clearly marking entry signals with distinct symbols for regular and strong setups complemented by a comprehensive dashboard in the top corner that displays real-time metrics including RSI price movement volume status trend direction and current trade count making it a self-contained professional-grade tool for disciplined intraday traders seeking to exploit short-term market inefficiencies during US market hours