The Reversal Prediction Oscillator is designed to help traders spot early signs of exhaustion and potential turning points in the market. It combines multiple technical indicators into one smooth and easy-to-read signal, allowing you to see when momentum is fading and when a reversal may be forming.
The oscillator highlights overextended conditions, shifting pressure, and strength changes that are often hard to see with price alone. By blending several forms of market data, it provides a balanced view that filters noise and focuses on genuine reversal signals.
This tool is ideal for traders who want early confirmation before entering pullbacks, exit signals near tops or bottoms, or guidance during ranging conditions. It simplifies complex analysis into a single, reliable line that helps you make decisions with more confidence and clarity.
Threshold - Defines the boundary between safe and watch zones. Lower the threshold, more signals generated. Recommended range 15-20.
Range - Color for when oscillator is within threshold.
Watch - Color for when oscillator exceeds threshold.
Marker - Color for reversal signal markers.
Show Fill - Toggle to show/hide color fill.
