Market Regime Reversal Trader

RKTHolder created this Pine Script titled "Market Regime Reversal Trader", a custom trading indicator designed to identify trend and volatility shifts using a double-smoothed TMA (Triangular Moving Average) and ATR-based Keltner Channels. The script intelligently classifies market conditions into four regimes—bullish high-vol, bullish low-vol, bearish high-vol, and bearish low-vol—to pinpoint precise entry and exit signals. Long trades are triggered when the market enters a bullish low-volatility phase, while short trades are signaled during bearish high-volatility conditions. Clear visual labels mark entries and exits on the chart, such as “Enter Call” or “Exit Put,” providing straightforward guidance. RKTHolder also included optional alert conditions so traders can stay informed in real time when regime changes occur.