QuanTAlib/lib/reversals/_index.md

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.