Reversal Indicators Which are the best?

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I'm LOOKING for the BEST REVERSAL INDICATORS PLEASE
 
Nayo305:
I'm LOOKING for the BEST REVERSAL INDICATORS PLEASE

Here's the first one that comes to mind. Just be aware that "reversal indicator" made me think of calling tops and bottoms. Most indicators that try to do this repaint─and the one below repaints. Therefore, manual inspection of the indicator's arrows in price history is not possible/accurate. In other words, you would need to replay it visually or incorporate it into an EA and backtest it on price history. IMHO, repainting is "the cost" of trying to call tops and bottoms in realtime.

Code Base

Boa_ZigZag_Arrows_Duplex

Nikolay Kositsin, 2018.03.01 09:21

Two Boa_ZigZag indicators with different periods, which appear as arrows on one chart.

 
Nayo305:
I'm LOOKING for the BEST REVERSAL INDICATORS PLEASE
Such recommendations are not allowed in this forum, you should make your own search in the Market and Codebase or post your requirements as a job in the Freelance section.
 
Ryan L Johnson #:

Here's the first one that comes to mind. Just be aware that "reversal indicator" made me think of calling tops and bottoms. Most indicators that try to do this repaint─and the one below repaints. Therefore, manual inspection of the indicator's arrows in price history is not possible/accurate. In other words, you would need to replay it visually or incorporate it into an EA and backtest it on price history. IMHO, repainting is "the cost" of trying to call tops and bottoms in realtime.


I don't understand the point of calling a repainting indicator, the best reversal indicator that comes in your mind.
 
Eleni Anna Branou #:
I don't understand the point of calling a repainting indicator, the best reversal indicator that comes in your mind.

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REVERSAL INDICATORS Which are the best?

Ryan L Johnson, 2026.04.06 00:15

Here's the first one that comes to mind. Just be aware that "reversal indicator" made me think of calling tops and bottoms. Most indicators that try to do this repaint─and the one below repaints. Therefore, manual inspection of the indicator's arrows in price history is not possible/accurate. In other words, you would need to replay it visually or incorporate it into an EA and backtest it on price history. IMHO, repainting is "the cost" of trying to call tops and bottoms in realtime.


If you want to have a discussion about the meaning of the word, reversal, I can do that.
 

If you are willing to wait until after the reversal occurs to get in, see the attached non-repainting indicator below. It is somewhat similar in appearance to the indicator in Post #1, other than its inherent lag.

zznrp

 

Most reversal indicators are good when used with experience, and there is no best, but you shouldn't use weak indicators that throw up too many signals...so just explore what works well in visual backtests

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