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Reversal Signal avec TICK + RSI

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This indicator is a potential reversal indicator for SCALPING, don't use it for swing. It's base on TICK and on an overbrought/oversold condition of the RSI. You can play with the setting, typicaly I like my TICK to be over reacting an 800/-800 and my rsi over 20 and 80, but it give not enough signal. So I set the TICK signal at 651/-651 and the RSI at 25/75. This indicator is made for SP500 and Nasdaq, so SPY/QQQ/SPX/ES/NQ should work well. It's the first version of it, so maybe I'll add so more data to it to increase signal and lower false one. For now I've test it on live market yet(26/7/25).

The RSI is Fast(5 period), I like to use it on the 1 or 5 min chart.

Please not that it only work during 9h30am to 4pm EST.(Because of the TICK)

Feel free to try and even comment. Don't be harsh on me, it's my first try!
(Sorry for my 'english' it's not my first language)

FAUCON
發行說明
This indicator is a potential reversal tool for scalping. Don't use it for swing trading.
It's based on the TICK index and on an overbought/oversold condition of the RSI.
You can play with the settings — typically, I like my TICK to be overreacting at +800 / -800, and my RSI levels at over 20 and under 80, but that doesn’t give enough signals.
So I set the TICK threshold at +651 / -651 and the RSI at 25 / 75.

This indicator is made for the S&P 500 and Nasdaq, so SPY / QQQ / SPX / ES / NQ should work well.

This is the first version, so I might add more data to increase the signal strength and reduce false signals.
For now, I’ve tested it on the live market as of 07/26/2025.

The RSI is a fast RSI (5-period). I like to use it on the 1-minute or 5-minute chart.

Please note that it only works between 9:30 AM and 4:00 PM EST (because of the TICK chart).

Feel free to try it and even leave a comment.

– FAUCON
發行說明
This indicator is a potential reversal tool for scalping. Don't use it for swing trading.
It's based on the TICK index and on an overbought/oversold condition of the RSI.
You can play with the settings — typically, I like my TICK to be overreacting at +800 / -800, and my RSI levels at over 20 and under 80, but that doesn’t give enough signals.
So I set the TICK threshold at +651 / -651 and the RSI at 25 / 75. You can adjust them in the setting panel.

This indicator is made for the S&P 500 and Nasdaq, so SPY / QQQ / SPX / ES / NQ should work well.

This is the first version, so I might add more data to increase the signal strength and reduce false signals.
For now, I’ve tested it on the live market as of 07/26/2025.

The RSI is a fast RSI (5-period). I like to use it on the 1-minute or 5-minute chart.

Please note that it only works between 9:30 AM and 4:00 PM EST (because of the TICK).

Feel free to try it and even leave a comment.

– FAUCON

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