Reversal Detection with Mobius S/D Zones v3.0

The Reversal Detection with Mobius S/D Zones v3.0 indicator provides a comprehensive trading system that combines AGAIG pivot reversal detection with ATR-based supply and demand zones. It aims to identify significant price reversals and trend shifts, offering automated trade management markers for entries, take-profits, and stop-losses.

Usage

The indicator can be used to identify potential market turns and manage trades through visual overlays. When a pivot is confirmed, the script plots reversal labels and extends horizontal reference lines.

• Long Signals: Occur when a bullish reversal is confirmed at a pivot low, typically accompanied by green bar coloring if the EMA trend aligns.
• Short Signals: Occur when a bearish reversal is confirmed at a pivot high, typically accompanied by red bar coloring.
• Trade Management: The script automatically calculates and plots Entry, SL, TP1, TP2, and TP3 levels based on ATR volatility once a reversal is confirmed.
• Supply & Demand: Translucent boxes highlight key support and resistance zones based on the Mobius Trend Pivot algorithm, helping traders identify areas where price might stall or reverse.

Details

The system utilizes a two-stage confirmation process:

1. Trend Detection: A triple EMA system (8, 13, 20 periods) determines the overall market bias. Price position relative to these EMAs dictates the bar coloring (Bullish, Bearish, or Neutral).
2. AGAIG Reversal Detection: Unlike standard zigzags that often repaint significantly, this version uses AGAIG N-bar pivot detection. Users can choose "Confirmed Only" for signals that lock on bar close or "Confirmed + Preview" to see potential pivots forming in real-time.

Settings

Reversal Detection (AGAIG)

• Pivot Lookback (N): The number of bars required on either side of a high/low to confirm a pivot. Lower values (e.g., 2) are faster for scalping.
• Signal Mode: Choose between "Confirmed Only" (locks on bar close) or "Confirmed + Preview" (real-time potential pivots).
• ATR Length: The lookback period used for ATR-based volatility calculations.

Mobius Zone Settings

• Trend Period (n): Adjusts the sensitivity of the supply and demand zones. Higher values result in fewer, more significant zones.
• Risk Multiplier: Determines the width of the supply/demand zones based on ATR.
• Show Supply/Demand Zones: Toggles the visibility of the S/D boxes.
• Show Rollover Lines: Displays early warning lines before a stop level is reached.

Trade Management

• Show Entry / TP / SL Lines: Toggles the visibility of the trade management target lines.
• Multipliers (SL/TP1/TP2/TP3): Customizable ATR multipliers to define the distance for risk and reward levels.

FAQ

How do I interpret the bar colors? Green bars indicate a bullish trend where the fast EMA is above the slow EMA and price is above the fast EMA. Red bars indicate the opposite for bearish trends, while blue/purple bars indicate a neutral or transitioning state.

Does this indicator repaint? The "Confirmed" signals lock after the N-bar lookback is completed, meaning they do not change once the confirmation bar closes. The "Preview" mode does show dynamic labels that can disappear if the pivot condition is invalidated.

How can I access Reversal Detection with Mobius S/D Zones v3.0? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.