openmarket

registry / @BackQuant / reversal-bands

Reversal Bands

by BackQuant

Reversal Bands is an on-chart indicator designed to highlight stretched price conditions and potential reversal areas. The indicator plots adaptive upper and lower bands around price, making it easier to see when the market has moved unusually far from its recent range. Optional dip and top markers highlight areas where price reaches more extreme conditions. Features • Adaptive upper and lower reversal bands • Optional gradient bands for clearer visualisation of increasing price extension • Dip and top reversal markers • Optional extreme price bands • Adjustable lookback, volatility and band sensitivity settings • Customisable colours and display options The indicator can be used across different markets and timeframes to help identify areas where price may be becoming extended and worth watching for a reaction. Signals are intended as additional context rather than standalone entries and can be used alongside an existing market structure, trend, volume or risk framework.

1.2.0 · published 2026-09-20 · 2 versions · 0 purchases

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Versions

VersionPublished
1.2.02026-09-20
1.1.02026-08-04