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Oscillator Reversal

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Product Description

Top 5 best-selling products loved by traders over the past 3 months:

PANA Kanal - Breakout Hunter - Imbalance Profile Lidar - SpaceGPS Satellite - Multi-Timeframe Fu$ion

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oscillator reversal

Following the success of Oscillator Trend, we developed Oscillator Reversal, which is another universal indicator that works with any oscillator of your choice, no matter if it's built-in or third-party (RSI, Stochastic, MFI, Awesome Oscillator, CCI...). Get this universal indicator and start experimenting to see which oscillator performs best in identifying trend reversals!

This indicator decides reversals based on the oscillator value in relation to user-defined thresholds. Assume that you set the high, center, and low thresholds at 60, 50, and 40, respectively. Then:
  • Assume the oscillator has climbed above 60 for at least X bars (you define this number), then when it falls below 60 a bearish reversal will be given.
  • Reversely, assume the oscillator has fallen below 40 for at least X bars, then when it climbs above 40 a bullish reversal will be provided.

The “Late Mode” can be enabled so that the oscillator is required to exceed the Threshold Center for a reversal signal to be triggered.

Key features:
  • Plot the chosen oscillator
  • Allow choosing any oscillator as input
  • Allow smoothing the chosen oscillator (with
    )
  • Allow configuring "Late Mode"
  • Allow configuring 3 thresholds: high, center, low
  • Colorize the oscillator based on 3 phases: high, center, low
  • Highlight high & low zones
  • Print markers on reversal appearance
  • Trigger alerts on reversal appearance
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScript signals
Dedicated NinjaScript signals:
  • Signal_State: 1 = high, -1 = low, 0 = middle
  • Signal_Reversal: 1 = bullish, -1 = bearish, 0 = no signal

Software Changelog

  • 12 Jan 2022 - The indicator was released (build new).

Product Media

These media materials may have been recorded/captured in favorable markets. Please review our acceptable marketing practices.

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From very happy customers... 500+ reviews →
  1. product_image Oscillator Reversal $$
    5 5

    Alert Sound Maker

    I just want to say thank you for ninZa.co's Alert Sound Maker software. I love it! So simple to use.

  2. product_image Oscillator Reversal $$
    5 5

    Re: Smart Ruler

    Thanks for creating this awesome indicator Smart Ruler!! It has saved me lots of time. Customer support is great, and he is very talented at what he does. I would recommend not only this product but all his products. I have not tried all of them, but I am sure it is great just like this one!!

  3. product_image Oscillator Reversal $$
    5 5

    EOB Ordering

    Just wanted you to know , EOB Ordering is by far my favorite tool, amazing job!

  4. product_image Oscillator Reversal $$
    5 5

    Stock trading

    I'm good at establishing a big level for a stock. With FAME SuperPivot, I can trade more stocks at the same time. Your horizontal levels fit really well with a HAMA and volume profile. Superior MFI is the cherry on the cake for some situations.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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