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已更新 Tristan's Multi-Indicator Reversal Strategy

Multi-Indicator Reversal Strategy - Buy Low, Sell High
A comprehensive reversal detection system that combines multiple proven technical indicators to identify high-probability entry points for catching reversals at market extremes.
📊 Strategy Overview
This strategy is designed for traders who want to buy at lows and sell at highs by detecting when stocks are overextended and ready to reverse. It works by requiring multiple technical indicators to align before generating a signal, significantly reducing false entries.
Best Used On:
🔧 Technical Components
The strategy combines FIVE powerful technical indicators:
1. RSI (Relative Strength Index)
2. MACD (Moving Average Convergence Divergence)
3. Williams %R
4. Bollinger Bands
5. Volume Analysis
6. Divergence Detection (Optional)
🎨 Visual Signals
Entry Signals:
🟢 Green Triangle (below candle) = BUY LONG signal
🔴 Red Triangle (above candle) = SELL SHORT signal
Exit Signals:
🟣 Purple Label = Position closed (shows "x2", "x3" if multiple entries)
Additional Indicators:
💎 Aqua Diamond = Bullish divergence detected
💎 Fuchsia Diamond = Bearish divergence detected
🔵 Blue Background = NY Session active
🟡 Yellow Bar Tint = Volume spike detected
⚪ Small Circles = Near-signal conditions (2+ indicators aligned)
Live Counter:
⚙️ How to Use This Strategy
For Beginners (More Signals):
This gives you more frequent signals to learn from.
For Advanced Traders (High Probability):
This filters for only the highest-quality setups.
Recommended Settings for 1-Hour Charts:
BUY SIGNAL generated when:
2-4 indicators show oversold/bullish conditions:
Optional confirmations (if enabled):
Session filter: Signals only during NY trading hours
SELL SIGNAL Generated When:
2-4 indicators show overbought/bearish conditions:
Optional confirmations (if enabled):
🛡️ Risk Management Features
💡 Best Practices
✅ DO:
❌ DON'T:
📊 Performance Notes
This strategy prioritizes quality over quantity. With default settings, you may see:
Tip: Adjust "Min Indicators Aligned" based on market conditions:
A comprehensive reversal detection system that combines multiple proven technical indicators to identify high-probability entry points for catching reversals at market extremes.
📊 Strategy Overview
This strategy is designed for traders who want to buy at lows and sell at highs by detecting when stocks are overextended and ready to reverse. It works by requiring multiple technical indicators to align before generating a signal, significantly reducing false entries.
Best Used On:
- Timeframe: 1-hour charts (also works on 15min, 30min, 4hour)
- Session: NY Trading Session (9:30 AM - 4:00 PM ET)
- Assets: Stocks, ETFs, Crypto (particularly volatile tech stocks like ZM, TSLA, AAPL)
- Trading Style: Swing trading, Intraday reversals
🔧 Technical Components
The strategy combines FIVE powerful technical indicators:
1. RSI (Relative Strength Index)
2. MACD (Moving Average Convergence Divergence)
3. Williams %R
4. Bollinger Bands
5. Volume Analysis
6. Divergence Detection (Optional)
🎨 Visual Signals
Entry Signals:
🟢 Green Triangle (below candle) = BUY LONG signal
🔴 Red Triangle (above candle) = SELL SHORT signal
Exit Signals:
🟣 Purple Label = Position closed (shows "x2", "x3" if multiple entries)
Additional Indicators:
💎 Aqua Diamond = Bullish divergence detected
💎 Fuchsia Diamond = Bearish divergence detected
🔵 Blue Background = NY Session active
🟡 Yellow Bar Tint = Volume spike detected
⚪ Small Circles = Near-signal conditions (2+ indicators aligned)
Live Counter:
- Top corner shows: "Bull: X/4" and "Bear: X/4"
- Indicates how many indicators currently align
⚙️ How to Use This Strategy
For Beginners (More Signals):
- Set "Min Indicators Aligned" to 2
- Turn OFF "Require Divergence"
- Turn OFF "Require Volume Spike"
- Turn OFF "Require Reversal Candle Pattern"
- Keep "Allow Multiple Entries" OFF
This gives you more frequent signals to learn from.
For Advanced Traders (High Probability):
- Set "Min Indicators Aligned" to 3 or 4
- Turn ON "Require Divergence"
- Turn ON "Require Volume Spike"
- Turn ON "Require Reversal Candle Pattern"
- Adjust stop loss to your risk tolerance
This filters for only the highest-quality setups.
Recommended Settings for 1-Hour Charts:
- Min Indicators Aligned: 3
- Stop Loss: 2.5%
- Take Profit: 5.0%
- RSI Length: 14
- Williams %R Length: 14
- Volume Multiplier: 1.5x
- Session: NY only (for stocks)
BUY SIGNAL generated when:
2-4 indicators show oversold/bullish conditions:
- RSI < 30 and turning up
- MACD crossing bullish or histogram positive
- Williams %R < -80 and turning up
- Price at/below lower Bollinger Band
Optional confirmations (if enabled):
- Bullish divergence detected
- Volume spike present
- Bullish reversal candle pattern
Session filter: Signals only during NY trading hours
SELL SIGNAL Generated When:
2-4 indicators show overbought/bearish conditions:
- RSI > 70 and turning down
- MACD crossing bearish or histogram negative
- Williams %R > -20 and turning down
- Price at/above upper Bollinger Band
Optional confirmations (if enabled):
- Bearish divergence detected
- Volume spike present
- Bearish reversal candle pattern
🛡️ Risk Management Features
- Automatic Stop Loss: Protects capital (default 2.5%)
- Take Profit Target: Locks in gains (default 5.0%)
- Pyramiding Control: Toggle to prevent position stacking
- Session Filter: Avoids overnight risk and low-liquidity periods
- Position Flipping: Automatically reverses when opposite signal appears
💡 Best Practices
✅ DO:
- Wait for candle close before entering (built into strategy)
- Use on volatile assets with clear trends
- Combine with your own analysis and risk management
- Backtest on your specific assets and timeframes
- Start with paper trading to learn the signals
- Adjust indicator requirements based on market conditions
❌ DON'T:
- Use on very low timeframes (<5 min) without adjustment
- Ignore the session filter on stocks
- Use maximum leverage - these are reversal trades
- Trade during major news events or earnings
- Expect 100% win rate - focus on risk/reward ratio
📊 Performance Notes
This strategy prioritizes quality over quantity. With default settings, you may see:
- 2-5 signals per week on 1-hour charts
- Higher win rate with stricter settings (3-4 indicators aligned)
- Best performance during trending markets with clear reversals
- Reduced performance in choppy, sideways markets
Tip: Adjust "Min Indicators Aligned" based on market conditions:
- Trending markets: Use 3-4 (fewer but stronger signals)
- Range-bound markets: Use 2 (more signals, but watch for false breakouts)
版本注释
Adjusted so that the signals and visuals don't send / print until after the candle close. This way there are no false positive signals sent, and no indicators showing / not showing as the candle builds.开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。