Ultimate Reversion Bands

URB – The Smart Reversion Tool

URB Final filters out false breakouts using a real retest mechanism that most indicators miss. Instead of chasing wicks that fail immediately, it waits for price to confirm rejection by retesting the inner band—proving sellers/buyers are truly exhausted.

Eliminates fakeouts – The retest filter catches only genuine reversions

Triple confirmation – Wick + retest + optional volume/RSI filters

Clear visuals – Outer bands show extremes, inner bands show retest zones

Works on any timeframe – From scalping to swing trading

Perfect for traders tired of getting stopped out by false breakouts.

Core Construction:

Smart Dynamic Bands:

Basis = Weighted hybrid EMA of HLC3, SMA, and WMA

Outer Bands = Basis ± (ATR × Multiplier)

Inner Bands = Basis ± (ATR × Multiplier × 0.5) → The "retest zone"

The Unique Filter: The Real Retest

Step 1: Identify an extreme wick touching the outer band

Step 2: Wait 1-3 bars for price to return and touch the inner band

Why it works: Most false breakouts never retest. A genuine reversal shows seller/buyer exhaustion by allowing price to come back to the "halfway" level.

Optional Confirmations:

Volume surge filter (default ON)

RSI extremes filter (optional)

Each can be toggled ON/OFF
How to Use:

Watch for extreme wicks touching the red/lime outer bands

Wait for the retest – price must return to touch the inner band (dotted line) within 3 bars

Enter on confirmation with built-in volume/RSI filters

Set stops beyond the extreme wick