Reversal Bars
TradingView Edition
Features
Oops Up
Kicker
Three Bar Break
Upside Reversal
Power of 3
Outside Bullish/Bearish Day
Default Settings: 3 Bar Break, Oops Up, Kicker
Oops Up
Price opens below prior day’s close and closes above. (Larry Williams)
Kicker
When the prior day closes down and the current day gaps above the entirety of yesterday’s action signaling a clear momentum change.
Three Bar Break
Price breaks above prior 3 closes and closes above on above average volume.
Alerts
Price breaks above prior 3 closes and closes above on above-average volume.
Upside Reversal
Today’s price undercuts prior day’s low, but closes the day on a >= 50% closing range
Power of 3
Power of 3 shows the strength and demand of a stock to get through the 3 widely followed moving averages ( 10, 21, 50 daily moving averages)
Outside Bullish/Bearish Day
Price closes above/below the prior day’s high/low.
Instructions
- Head over to https://www.tradingview.com/u/TraderLion/#published-scripts
- Find TraderLion Reversal Bars & click on it
- Click “Add to Favorite Scripts” near the bottom of the page
- Click “Indicators” at the very top on TradingView. Under Favorites click the script
Contributors
@triathletetrade
