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Reverse Bar

The Reverse Bar indicator paints the reversal bars according to trade strategy, described by Bill Williams in "Trading Chaos. Maximize Profits with Proven Technical Techniques" book.

  • The bearish reversal bar has red or pink color (red-stronger signal)
  • The bullish reversal bar has blue or light blue color(blue - stronger signal)

It is recommended to use it on hourly timeframe (H1) and higher.

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