OPEN-SOURCE SCRIPT

Clarix Smart Reversal Scorecard

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Purpose

Designed to identify potential trend reversal setups based on a rules-based scoring system. It helps traders quickly assess the strength of reversal signals using objective technical criteria.

How It Works

The script evaluates seven key technical conditions for both bullish and bearish reversals. Each condition met adds 1 point to the total score (max 7). A table displays the results with a final score and an automatic conclusion based on the strength of the setup.

Features
  • Reversal signal scoring from 0 to 7
  • Bullish and bearish detection modes
  • Visual scorecard table with individual factors
  • Configurable minimum score to show
  • Alert conditions for strong (5+) and perfect (7) setups
  • Lightweight and optimized for all timeframes


Usage Tips
  • Set "Direction" to Bullish, Bearish, or Both depending on your strategy
  • Use on timeframes between 15m to 4H for optimal signals
  • A score of 5 or more suggests strong reversal potential
  • Combine with key support/resistance or trend context for higher accuracy
  • Avoid using during high-volatility news events for cleaner signals

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