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已更新 Reversal Knockout v1.1
\ Reversal Knockout v1.1 — User Manual \
Reversal Knockout is a technical indicator designed to detect potential price turning points using a dual approach: a reversal logic with bar coloring and a combined sequence of setups, countdowns, and exhaustion patterns.
\What does this indicator do?\
\Colors candles\ based on the relationship between two smoothed moving averages (T3).
\Identifies overextension conditions\ based on a sequence of 9 consecutive closes aligned with price direction.
\Confirms exhaustion\ if, after that setup, 13 follow-through conditions (countdown) are met.
\Highlights special signals called “Knockouts”\, which represent strong potential reversal scenarios.
\Candle Coloring\
Candles are automatically colored to make trend and potential reversal points visually easier to interpret:
🔵 Bull Trend: User-defined color (default light blue)
🔴 Bear Trend: User-defined color (default light red)
🟡 Bullish Reversal: When price crosses below the slower average (default yellow)
🟡 Bearish Reversal: When price crosses above the slower average (default yellow)
This logic is based on the relationship between two T3 moving averages (one fast, one slow), calculated with a customizable smoothing factor.
\Setup and Countdown Logic\
Setups (9):
A bullish setup forms if the price closes below the close from 4 bars earlier for 9 consecutive candles.
A bearish setup forms if the price closes above the close from 4 bars earlier for 9 consecutive candles.
When the ninth close is completed, a green “9” (buy) or purple “9” (sell) is displayed.
Countdowns (13):
After a setup, a follow-through phase begins.
If 13 additional conditions are met (price < low\[2] for buys or > high\[2] for sells), a purple “13” is shown, signaling potential exhaustion.
\Knockout: Explosive Reversal Potential\
The indicator also identifies special reversal patterns called \Knockout\.
These signals appear when, in addition to a “9”, the price shows technical excess behavior near key support or resistance zones:
Knockout ▲ (buy): Appears below the candle when a buy signal is detected with specific downside pressure conditions.
Knockout ▼ (sell): Appears above the candle when a sell signal is detected with upside pressure conditions.
These signals stand out as high-probability reversal opportunities.
\Usage Recommendations\
The indicator is designed to work on any timeframe, but it is recommended to use it alongside market structure and volume analysis.
“Knockout” signals may be used as high-probability trend change alerts, especially after a “13”.
Can be combined with momentum indicators and moving averages for greater effectiveness.
Reversal Knockout is a technical indicator designed to detect potential price turning points using a dual approach: a reversal logic with bar coloring and a combined sequence of setups, countdowns, and exhaustion patterns.
\What does this indicator do?\
\Colors candles\ based on the relationship between two smoothed moving averages (T3).
\Identifies overextension conditions\ based on a sequence of 9 consecutive closes aligned with price direction.
\Confirms exhaustion\ if, after that setup, 13 follow-through conditions (countdown) are met.
\Highlights special signals called “Knockouts”\, which represent strong potential reversal scenarios.
\Candle Coloring\
Candles are automatically colored to make trend and potential reversal points visually easier to interpret:
🔵 Bull Trend: User-defined color (default light blue)
🔴 Bear Trend: User-defined color (default light red)
🟡 Bullish Reversal: When price crosses below the slower average (default yellow)
🟡 Bearish Reversal: When price crosses above the slower average (default yellow)
This logic is based on the relationship between two T3 moving averages (one fast, one slow), calculated with a customizable smoothing factor.
\Setup and Countdown Logic\
Setups (9):
A bullish setup forms if the price closes below the close from 4 bars earlier for 9 consecutive candles.
A bearish setup forms if the price closes above the close from 4 bars earlier for 9 consecutive candles.
When the ninth close is completed, a green “9” (buy) or purple “9” (sell) is displayed.
Countdowns (13):
After a setup, a follow-through phase begins.
If 13 additional conditions are met (price < low\[2] for buys or > high\[2] for sells), a purple “13” is shown, signaling potential exhaustion.
\Knockout: Explosive Reversal Potential\
The indicator also identifies special reversal patterns called \Knockout\.
These signals appear when, in addition to a “9”, the price shows technical excess behavior near key support or resistance zones:
Knockout ▲ (buy): Appears below the candle when a buy signal is detected with specific downside pressure conditions.
Knockout ▼ (sell): Appears above the candle when a sell signal is detected with upside pressure conditions.
These signals stand out as high-probability reversal opportunities.
\Usage Recommendations\
The indicator is designed to work on any timeframe, but it is recommended to use it alongside market structure and volume analysis.
“Knockout” signals may be used as high-probability trend change alerts, especially after a “13”.
Can be combined with momentum indicators and moving averages for greater effectiveness.
版本注释
Reversal Knockout v1.1 — User Manual Reversal Knockout is a technical indicator designed to detect potential price turning points using a dual approach: a reversal logic with bar coloring and a combined sequence of setups, countdowns, and exhaustion patterns.
What does this indicator do?
\Colors candles\ based on the relationship between two smoothed moving averages (T3).
\Identifies overextension conditions\ based on a sequence of 9 consecutive closes aligned with price direction.
\Confirms exhaustion\ if, after that setup, 13 follow-through conditions (countdown) are met.
\Highlights special signals called “Knockouts”\, which represent strong potential reversal scenarios.
Candle Coloring
Candles are automatically colored to make trend and potential reversal points visually easier to interpret:
🔵 Bull Trend: User-defined color (default light blue)
🔴 Bear Trend: User-defined color (default light red)
🟡 Bullish Reversal: When price crosses below the slower average (default yellow)
🟡 Bearish Reversal: When price crosses above the slower average (default yellow)
This logic is based on the relationship between two T3 moving averages (one fast, one slow), calculated with a customizable smoothing factor.
\Setup and Countdown Logic\
Setups (9):
A bullish setup forms if the price closes below the close from 4 bars earlier for 9 consecutive candles.
A bearish setup forms if the price closes above the close from 4 bars earlier for 9 consecutive candles.
When the ninth close is completed, a green “9” (buy) or purple “9” (sell) is displayed.
Countdowns (13):
After a setup, a follow-through phase begins.
If 13 additional conditions are met (price < low\[2] for buys or > high\[2] for sells), a purple “13” is shown, signaling potential exhaustion.
\Knockout: Explosive Reversal Potential\
The indicator also identifies special reversal patterns called \Knockout\.
These signals appear when, in addition to a “9”, the price shows technical excess behavior near key support or resistance zones:
Knockout ▲ (buy): Appears below the candle when a buy signal is detected with specific downside pressure conditions.
Knockout ▼ (sell): Appears above the candle when a sell signal is detected with upside pressure conditions.
These signals stand out as high-probability reversal opportunities.
Usage Recommendations
The indicator is designed to work on any timeframe, but it is recommended to use it alongside market structure and volume analysis.
“Knockout” signals may be used as high-probability trend change alerts, especially after a “13”.
Can be combined with momentum indicators and moving averages for greater effectiveness.
版本注释
\ Reversal Knockout v1.1 — User Manual \Reversal Knockout is a technical indicator designed to detect potential price turning points using a dual approach: a reversal logic with bar coloring and a combined sequence of setups, countdowns, and exhaustion patterns.
\What does this indicator do?\
\Colors candles\ based on the relationship between two smoothed moving averages (T3).
\Identifies overextension conditions\ based on a sequence of 9 consecutive closes aligned with price direction.
\Confirms exhaustion\ if, after that setup, 13 follow-through conditions (countdown) are met.
\Highlights special signals called “Knockouts”\, which represent strong potential reversal scenarios.
\Candle Coloring\
Candles are automatically colored to make trend and potential reversal points visually easier to interpret:
🔵 Bull Trend: User-defined color (default light blue)
🔴 Bear Trend: User-defined color (default light red)
🟡 Bullish Reversal: When price crosses below the slower average (default yellow)
🟡 Bearish Reversal: When price crosses above the slower average (default yellow)
This logic is based on the relationship between two T3 moving averages (one fast, one slow), calculated with a customizable smoothing factor.
\Setup and Countdown Logic\
Setups (9):
A bullish setup forms if the price closes below the close from 4 bars earlier for 9 consecutive candles.
A bearish setup forms if the price closes above the close from 4 bars earlier for 9 consecutive candles.
When the ninth close is completed, a green “9” (buy) or purple “9” (sell) is displayed.
Countdowns (13):
After a setup, a follow-through phase begins.
If 13 additional conditions are met (price < low\[2] for buys or > high\[2] for sells), a purple “13” is shown, signaling potential exhaustion.
\Knockout: Explosive Reversal Potential\
The indicator also identifies special reversal patterns called \Knockout\.
These signals appear when, in addition to a “9”, the price shows technical excess behavior near key support or resistance zones:
Knockout ▲ (buy): Appears below the candle when a buy signal is detected with specific downside pressure conditions.
Knockout ▼ (sell): Appears above the candle when a sell signal is detected with upside pressure conditions.
These signals stand out as high-probability reversal opportunities.
\Usage Recommendations\
The indicator is designed to work on any timeframe, but it is recommended to use it alongside market structure and volume analysis.
“Knockout” signals may be used as high-probability trend change alerts, especially after a “13”.
Can be combined with momentum indicators and moving averages for greater effectiveness.
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。
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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。