Buy Sell Reversal

Buy Sell Reversal Indicator, a unique tool that harnesses MACD and Bollinger Bands to identify potential reversals.

For Buy signals, the indicator checks for the current market price below the lower Bollinger Band while the MACD value is above its signal line. The previous MACD value should be below its past signal line.

For Sell signals, the indicator checks for current price above the upper Bollinger Band while the MACD value is below its signal line. The previous MACD value should be above its past signal line.

The indicator provides entry and stop loss levels, with take profit calculated based on the stop loss level.

Use this indicator in combination with your other confluences during sideways/range markets to enhance success chances. Note that false signals can emerge during trending markets, making detection challenging.