Binary Trading help 1.0

**BNCS - Advanced Reversal Signals**

This indicator is engineered to identify high-probability reversal points by analyzing market momentum and structure. It is designed for traders who want to anticipate potential trend changes with a higher degree of confirmation.

**How It Works: The Core Logic**

The strength of this indicator lies in its multi-layered signal generation process, which combines two primary reversal detection techniques with powerful confirmation filters.

**1. Core Reversal Engine:**
* **Momentum Shift Analysis:** The algorithm detects rapid changes in market momentum by analyzing the slope of a short-term Exponential Moving Average (EMA). A sudden flip in the slope from negative to positive (or vice-versa) often precedes a price reversal.
* **Price-Momentum Divergence:** It uses a custom oscillator to spot classic bullish and bearish divergences. A signal is flagged when the price makes a new high/low, but the momentum oscillator fails to confirm it, indicating potential trend exhaustion.

**2. Confirmation Filters for Accuracy:**
* **Support/Resistance Zone Filter:** Signals are validated only when they occur near significant, automatically-drawn support (for buys) or resistance (for sells) levels. This ensures you are trading from key price zones, not in the middle of nowhere.
* **Dynamic Trend Ribbon:** A Super Smoother-based ribbon helps identify the current market state (Uptrend, Downtrend, or Ranging). You can configure the indicator to only take signals that align with the broader trend, or to specifically look for reversals during ranging conditions.

**Key Features:**

* **Clear BUY/SELL Signals:** Non-repainting signals based on the confluence of the core logic.
* **Automatic S/R Levels:** Key pivot-based support and resistance lines are plotted on the chart.
* **Real-Time Dashboard:** A compact panel provides an at-a-glance summary of the market trend and a unique **Signal Confidence Score**, which is calculated based on how many internal conditions are met for a given signal.

**How to Use:**

1. Look for BUY signals near a key support level and SELL signals near a key resistance level.
2. Check the Dashboard for a higher "Signal Confidence" score for more reliable trades.
3. Use the Trend Ribbon to understand the market context before entering a trade.

**Disclaimer:**
This is a trading tool, not financial advice. Always use proper risk management and use this indicator as a confirmation tool alongside your own analysis.