Rolux u turn
- Indicators
- Version: 1.23
- Activations: 5
Rolux U-Turn - entry signals on the U-turn of a slow moving average
Rolux U-Turn watches one slow SMA. When the line turns - changes colour and direction - and forms a clean U (BUY) or inverted U (SELL), it marks the signal. No lagging crossovers, no repainting: signals are calculated on closed bars only.
HOW A SIGNAL IS BUILT
- The SMA arrives from far enough above (BUY) or below (SELL): the "U depth" you set, measured in price units over a look-back window you choose.
- It makes a turning point (grey dot) and then moves away from it by at least N price units within a maximum time. Slow, lazy turns are discarded.
- A thin horizontal line joins the two points of the curve at the entry level; the right end is the entry.
- The U itself is highlighted on the SMA in a different colour, so you see exactly which curve generated the signal.
- Optional higher-timeframe trend filter: BUY only when the higher-timeframe SMA is rising, SELL only when it is falling.
WORKS ON ANY SYMBOL AND TIMEFRAME
Built and tested on Gold (XAUUSD) M1 and M5, and also checked on US indices (US30, US500): it works on any symbol and timeframe. Set the SMA length and the distances in price units to the volatility of what you trade - on indices, whose prices are much higher, the distances are larger than on Gold. Distances are in price units, so they are easy to read (1.0 = one full unit of price).
DEFAULT SETTINGS
The indicator opens with ready-made settings tested on Gold (XAUUSD) on M1: SMA 50 as signal line, second SMA 200, BUY 0.8 within 80 minutes, SELL 1.0 within 40 minutes, U look-back 150 minutes. The higher-timeframe trend filter (M5, SMA 200) and the time window (broker time, with weekday selection) are both off by default, so you see every signal; switch them on to filter.
FEATURES
- Separate BUY and SELL distances and time limits
- U depth filter (ignores noise and shallow turns)
- Higher-timeframe trend filter with its own timeframe and SMA length
- Time window (broker server time) and weekday selection
- Slow SMA drawn with two colours (rising / falling), fully editable
- A second, longer SMA (default 200) as a reference line, light blue when rising and blue when falling, with its own length and colours; display only, it does not change the signals
- Turning point dot, entry line and U highlight can each be switched off
- Optional chart theme (restored when the indicator is removed)
- Popup and push alerts on a new signal (last closed bar)
NOTES
- This is a signal indicator, not an automatic trading system. It does not place orders.
- Past signals do not guarantee future results. Test on a demo account and use your own risk management.
- Settings depend on the instrument and timeframe: the default Gold M1 settings are a starting point, not a universal setting.
- The session boxes (Tokyo / London / New York) visible in some screenshots belong to a different indicator and are not included.
