OPEN-SOURCE SCRIPT
Mis à jour

ExtremeRev, WickRev, Bar Breakout & Doji Rev Pivot Boss

311
This script is based on concepts from "Secrets of a Pivot Boss" by Frank Ochoa, but it is an independent custom implementation designed for better efficiency, accuracy, and flexibility.

Feel free to adjust the script, as it is just all 4 systems added to one script from the book.

✅ Extreme Reversal (ExtremeRev) – Identifies extreme bars that are significantly larger than average, signaling possible snapback reversals.
✅ Wick Reversal (WickRev) – Detects long-wick candlesticks that indicate potential reversals, such as pin bars, hammer, and shooting star formations.
✅ Doji Reversal (DojiRev) – Recognizes doji candlesticks that form above resistance or below support, marking strong indecision and potential reversals.
✅ Bar Breakout System – Identifies breakout bars that surpass previous highs/lows with a strong range expansion.

⚙️ Customizable Inputs
Enable/Disable Each System (Trade only the setups that fit your strategy)
Adjust Sensitivity (Wick size, body percentage, lookback periods, moving averages)
Alerts for Trade Notifications (Get notified when a signal appears)
Notes de version
This script is based on concepts from "Secrets of a Pivot Boss" by Frank Ochoa, but it is an independent custom implementation designed for better efficiency, accuracy, and flexibility.

Feel free to adjust the script, as it is just all 4 systems added to one script from the book.

✅ Extreme Reversal (ExtremeRev) – Identifies extreme bars that are significantly larger than average, signaling possible snapback reversals.
✅ Wick Reversal (WickRev) – Detects long-wick candlesticks that indicate potential reversals, such as pin bars, hammer, and shooting star formations.
✅ Doji Reversal (DojiRev) – Recognizes doji candlesticks that form above resistance or below support, marking strong indecision and potential reversals.
✅ Bar Breakout System – Identifies breakout bars that surpass previous highs/lows with a strong range expansion.

⚙️ Customizable Inputs
Enable/Disable Each System (Trade only the setups that fit your strategy)
Adjust Sensitivity (Wick size, body percentage, lookback periods, moving averages)
Alerts for Trade Notifications (Get notified when a signal appears)

----UPDThis script is based on concepts from "Secrets of a Pivot Boss" by Frank Ochoa, but it is an independent custom implementation designed for better efficiency, accuracy, and flexibility.

Feel free to adjust the script, as it is just all 4 systems added to one script from the book.

✅ Extreme Reversal (ExtremeRev) – Identifies extreme bars that are significantly larger than average, signaling possible snapback reversals.
✅ Wick Reversal (WickRev) – Detects long-wick candlesticks that indicate potential reversals, such as pin bars, hammer, and shooting star formations.
✅ Doji Reversal (DojiRev) – Recognizes doji candlesticks that form above resistance or below support, marking strong indecision and potential reversals.
✅ Bar Breakout System – Identifies breakout bars that surpass previous highs/lows with a strong range expansion.

⚙️ Customizable Inputs
Enable/Disable Each System (Trade only the setups that fit your strategy)
Adjust Sensitivity (Wick size, body percentage, lookback periods, moving averages)
Alerts for Trade Notifications (Get notified when a signal appears)

----UPDATED----

✅ Bar Breakout System (Outside Reversal System):

A long breakout only happens after a downward move (red candle).
A short breakout only happens after an upward move (green candle).
Notes de version
chart cleaned

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.