Equilibrium7SX Reversal indicator

This indicator tries to find potential short-term and medium-term market bottoms or deviations from the medium-term notional equilibrium when the price could be “at a discount”

This applies as long as the overall trend is positive (we mainly measure with the Fast Price/CmlVolume Trend Indicator and Main Trend Power & Big Volume indicators on 1day and 2hour), the action makes higher higher highs and below

The algorithm uses several mathematical and statistical methods to find a possible bottom, a possible pullback or a ping-pong rebound and draws a point – green label 7 if it finds at least 2 such places. Thus, it uses confluence to mutually confirm detection.

Indicator is better for 1Day timeframe (Main trend) however you can use it on higher timeframes with our other indicators such as Fast Price/CmlVolume Trend Indicator if they are in accordance/confluence with main 1day trend. Watch our knowledge base area for video, strategies, articles, money/position managment techniques.

We personally enter the trades only when we have confirmed a strong dominant trend and the beginning and/or course of the accumulation wave on 1D and then we also help each other (ADDITIONAL Fast Price/CmlVolume Trend Indicator for 2 hours). The green label7 is not a signal to enter into trades, but to increase attention – focusing on the place when the imaginary bottom of the market could be reached and there may be a turn that must be confirmed by other indicators and strategies. If the price goes into a longer correction and there is a panic in the markets, of course there can be several market bottoms. This indicator is designed so that it always shows only 1 bottom and 1 EXT signal in sequence so that it does not create too many noisy interfering signals, so it is necessary to use it to search for other potential bottoms of the market (in case an avalanche of selling starts and a longer-term bear market or a longer correction) other indicators.

The gray Label Ext shows a possible end of the trend, which may not occur if the strength of the bulls and positive mood in the market is very strong (which happens quite often). Label Ext appears only if there is a confluence of 2 statistical calculations that may indicate a deviation from the imaginary equilibrium / central normalized value for the selected measured period. Personally, we do not exit trades at that time, we only increase caution, or close part of the position.

How we use this indicator:

This is not investment advice or guidance. This artice is only for informational, educational and marketing purpose. We are not financial advisors. Read the full disclaimer below. These are just our personal experiences, which please take only as information and possible teaching/education.

You will read these things after purchasing the full version of the indicator:

How (personally) do we use the Next indicator and what do the other lines/graphics represent and how do we understand them? On what timeframe do we use the indicator? Do we use it solo or with other indicators? With what?

On what timeframe do we use the indicator?

What stocks/assets do we (only personally) use the indicator for? (not financial advice)

DISCLAIMER / INFORMATION:

Before using this indicator or any of our strategies, you must read our full disclaimer and agree to our terms and conditions – read them here (click).