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