M.

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 âLate Modeâ can be enabled so that the oscillator is required to exceed the Threshold Center for a reversal signal to be triggered.
This is just one of our NT8 indicators â the full collection is worth a look when you have a minute.
Dedicated NinjaScript Signals
- Signal_State: 1 = high, -1 = low, 0 = middle
- Signal_Reversal: 1 = bullish, -1 = bearish, 0 = no signal
Key Features
- Plot the chosen oscillator
- Allow choosing any oscillator as input
- Allow smoothing the chosen oscillator (with 11 popular moving averages)
- 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
Software Changelog
- 12 Jan 2022:- The indicator was released (built new).
Policies
Software license
Every purchase includes a perpetual software license, granting you the right to use the software indefinitely on the number of computers permitted by your license.
Installation & Onboarding
Every purchase includes guided installation assistance.
Purchases with Premium Services also include white-glove software setup and onboarding, along with personalized trading setup and workflow optimization.
Software updates & upgrades
Software updates & upgrades are provided at no additional cost.Â
For products with a modular structure, this coverage applies to the core product, while optional expansion modules may be offered separately.
Read the full policy
Customer service
Every purchase includes lifetime support via email & chat, delivered by our renowned Customer Care team â widely recognized throughout the trading community for its world-class service.
As your NINZA product collection expands, Premium Path unlocks a growing range of enhanced Customer Care benefits & privileges, available through dedicated channels.
Explore Premium Path
Remote assistance
Every purchase includes up to 3 complimentary remote assistance sessions, available within 30 days of purchase â with each session lasting up to 30 minutes.
Purchases with Premium Services include up to 6 sessions within 60 days of purchase, with priority scheduling and longer session durations.
Product exchange
Customers may request up to 3 product exchanges within 30 days of purchase, at little or no additional cost when exchanging for a comparable product.
Read the full policy
Returns & refunds
Due to the ease with which software products can be stored and copied, no returns will be accepted and no refunds will be issued.
ALL SALES ARE FINAL & NON-REFUNDABLE.








