Trend Following with Mean Reversion - Indicator

9 小時前

Trend Following with Mean Reversion Indicator
A comprehensive technical analysis tool that combines trend detection with momentum reversal signals for enhanced market timing.
Strategy Overview:
This indicator identifies high-probability entry points by combining two proven technical concepts:

Trend Following: Uses Exponential Moving Average (EMA) to determine market direction
Mean Reversion: Utilizes RSI oversold/overbought levels for optimal entry timing

Key Features:
📊 Core Indicators:

Customizable EMA for trend identification (default: 50 periods)
RSI momentum oscillator with adjustable overbought/oversold levels
Visual trend direction indicators

🎯 Signal Generation:

BUY Signals: Generated when price is above EMA (uptrend) AND RSI is oversold (<30)
SELL Signals: Generated when price is below EMA (downtrend) AND RSI is overbought (>70)
Clear visual labels on chart for easy identification

⏰ Advanced Time Management:

Customizable trading session filter (default: 0700-1500)
Multiple timezone support (GMT-8 to GMT+13)
Individual day exclusion controls (weekends excluded by default)
Visual background coloring for time restrictions

🎨 Visual Elements:

Color-coded trend indicators
RSI extreme level background highlighting
Time filter status visualization
Comprehensive information table showing current market conditions

🔔 Alert System:

Built-in alerts for valid entry signals
Notifications for signals occurring outside trading hours
Customizable alert messages

How It Works:

Trend Filter: EMA determines if market is trending up or down
Momentum Confirmation: RSI identifies when price has moved too far and is due for reversal
Time Validation: Ensures signals only occur during specified trading hours
Visual Confirmation: Clear BUY/SELL labels appear only when all conditions align

Best Use Cases:

Swing trading on higher timeframes (4H, Daily)
Counter-trend entries in strong trending markets
Combining with other technical analysis tools
Educational purposes for understanding trend/momentum relationships

Customization Options:

Adjustable EMA and RSI periods
Customizable overbought/oversold levels
Flexible time and day restrictions
Toggle visual elements on/off
Multiple display themes

Note: This is a technical analysis tool for educational and informational purposes. Always conduct your own analysis and consider risk management principles. Past performance does not guarantee future results.

8 小時前

發行說明

EMA-RSI Trend Reversal Indicator
A professional technical analysis tool that identifies high-probability entry points by combining trend analysis with momentum reversals.
Core Methodology:
This indicator combines two fundamental technical analysis principles:

Trend Identification: Uses Exponential Moving Average to determine market direction
Momentum Analysis: Employs RSI to identify oversold/overbought conditions for optimal timing

Signal Generation:

Long Signals: Generated when price trades above EMA (uptrend) while RSI indicates oversold conditions
Short Signals: Generated when price trades below EMA (downtrend) while RSI indicates overbought conditions
Anti-Redundancy System: Prevents multiple identical signals, showing only new condition changes

Key Features:
📊 Technical Components:

Customizable EMA period (default: 50)
Adjustable RSI parameters with custom overbought/oversold levels
Visual trend direction indicators
Clean signal presentation without label spam

⏰ Session Management:

Configurable trading session filters
Multi-timezone support (GMT-8 to GMT+13)
Individual weekday inclusion/exclusion controls
Visual session status indicators

🎨 Visual Design:

Color-coded background for RSI extreme levels
Session time highlighting
Comprehensive information dashboard
Toggle controls for all visual elements

🔔 Alert System:

Real-time notifications for valid entry conditions
Session-filtered alerts
Custom alert messages
No duplicate alert prevention

Educational Value:
This indicator demonstrates the relationship between trend direction and momentum extremes, helping traders understand:

How trending markets create counter-trend opportunities
The importance of timing entries with momentum indicators
Risk management through session filtering
Professional chart analysis techniques

Customization Options:

Fully adjustable indicator parameters
Flexible session time controls
Visual element toggles
Multiple display themes
Custom alert preferences

Best Practices:

Combine with additional technical analysis
Use appropriate position sizing
Consider market context and conditions
Test on historical data before live implementation
Always use proper risk management

Disclaimer: This indicator is for educational and analytical purposes only. It does not constitute financial advice. Trading involves substantial risk of loss. Past performance does not guarantee future results. Users should conduct their own research and consider consulting with financial professionals before making trading decisions.

This indicator provides technical analysis tools and educational content only. All trading decisions and their consequences remain solely with the user.