Files
QuanTAlib/lib/reversals/_index.md
T

20 lines
1.5 KiB
Markdown
Raw Normal View History

# Reversals
> "The market speaks in reversals. The art is hearing it above the noise."
Reversal indicators identify potential turning points where price may change direction. Pivot points calculate support/resistance from prior period data. Pattern-based tools detect structural shifts in price action.
| Indicator | Full Name | Description |
| :--- | :--- | :--- |
| FRACTALS | Williams Fractals | Five-bar pattern identifying local peaks/troughs; marks support/resistance levels. |
| PIVOT | Pivot Points (Classic) | Standard floor trader pivots with 7 levels (PP, R1-R3, S1-S3). |
| PIVOTCAM | Camarilla Pivot Points | Mean-reversion pivots with 9 levels; R3/S3 are key reversal zones. |
| PIVOTDEM | DeMark Pivot Points | Minimalist trend-following pivots with only 3 levels and conditional logic. |
| PIVOTEXT | Extended Traditional Pivots | Extended pivots with 11 levels (R1-R5, S1-S5) for volatile markets. |
| PIVOTFIB | Fibonacci Pivot Points | Fibonacci-ratio based pivots; Golden Ratio (61.8%) at R2/S2. |
| PIVOTWOOD | Woodie's Pivot Points | Weighted close pivots (2× close weight) for intraday trading. |
| PSAR | Parabolic Stop And Reverse | Trailing stop that accelerates with trend; SAR dots mark entry/exit signals. |
| SWINGS | Swing High/Low Detection | Identifies significant price reversals and swing points using configurable lookback. |
| CHANDELIER | Chandelier Exit | ATR-based trailing stop; Highest High - (ATR × Multiplier) for long exits. |
| CKSTOP | Chande Kroll Stop | Dual stop system using True Range for both long and short positions. |