Reversal Points


This indicator is inspired from the mass index indicator with the goal of telling the user when a trend is about to stop thus highlighting potential reversals.

The Indicator

When the indicator cross under the trigger line the trend is about to stop and may reverse, shorter length will spot shorter terms reversals but a length of 100 is a good value.


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You can also check out some of the indicators I made for luxalgo :
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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