Reversal Probability Rows

Reversal Probability Rows turns historical pivot data into quantified odds of a price reversal, dividing the lookback range into evenly spaced horizontal rows and measuring how often tops and bottoms formed in each. Where most support and resistance work relies on eyeballed lines, this build replaces the drawing with a distribution: every level carries a percentage instead of an opinion.

How to Trade the Reversal Probability Rows?

• Red boxes above price: the share of historical pivot highs that formed in that row, the probability the level behaves as resistance on a revisit.
• Green boxes below price: the equivalent share of pivot lows, the odds of a bullish reaction at that support.
• Current row coloring: the row price is trading inside is colored by its dominant history: red when tops outnumber bottoms, green when bottoms lead.
• Box opacity: transparency tracks pivot density: significant rows read solid, thin ones fade, a built-in heatmap of zone strength.

Every percentage is normalized: pivots of one type inside the row, divided by all pivots of that type across the lookback, times 100. Typical uses follow directly: shorts or profit-taking near dense resistance, pullback entries and stop placement around high-probability support, and mean-reversion plays in range-bound conditions.

Reversal Probability Rows Settings

• Range Period: bars used for the high/low range and pivot statistics: larger for broad context, smaller to adapt faster.
• Number of Rows: vertical granularity. More rows give narrower, more precise zones.
• Pivot Sensitivity: how many bars must flank a high or low before it counts as a pivot. Lower yields more pivots, higher keeps only strong turns.
• Show Pivot Markers: plots a dot for every historical pivot feeding the statistics.
• Box Width (Bars): how far the probability boxes extend to the right of price.

Frequently Asked Questions

Does the indicator repaint?

How is this different from drawing levels manually?

Where do I get Reversal Probability Rows?