Two B Reversal
- Индикаторы
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Ich Khiem Nguyen
AlphaOnChart is now available on Android! If you trade and use an Android phone, do not miss this.
I just launched the Android version to help traders get ready-to-execute daily trade plans, key levels, and real-time M15 chart alerts right on their phones. - Версия: 1.0
- Активации: 10
2B Structural Reversal and False Breakout System for MT5
Systematic Swing Liquidity Sweep Detection and 2B Structural Reclaim Validation
Core Concept and Value Proposition
Getting caught on the wrong side of false breakouts presents a constant challenge for active traders: price frequently breaches an established support boundary, inviting breakout selling, only to immediately reverse upward. Similarly, price often spikes above resistance, drawing in late buyers, before rotating sharply back downward. These market dynamics represent classic liquidity sweeps designed to trigger stop orders and accumulate counter-trend volume before directional repricing occurs.
TwoBReversal systematically detects these structural inflection points directly on the chart. The algorithm identifies the classic 2B reversal pattern, where price temporarily breaches a confirmed swing high or low but fails to maintain acceptance, closing back within the prior structural boundary on the setup bar. When this failure completes, the indicator generates clear visual confirmation that the breakout attempt has failed and that momentum has shifted toward the opposite side. This objective filter eliminates guesswork, keeping attention focused on high-probability reversal structures rather than low-liquidity market noise.
The system operates during active trading sessions when participation and volume expand across liquid instruments (major Forex pairs, Gold, equity index CFDs), performing consistently on M15, M30, H1, H4, and D1 timeframes where swing extremes remain well defined.
Algorithmic Logic and Trade Validation
Visual BUY Confirmation (Bullish 2B Reversal / False Breakdown):
- Structural Context: Market price tests below a prior confirmed swing low, creating an initial breakdown probe into resting sell-side liquidity.
- Structural Reclaim: On the setup bar, price reclaims and closes back above that swing level, validating the false breakdown and buyer absorption.
- Trigger Bar: A dominant bullish expansion candle confirms buying momentum. A buy signal arrow appears on the chart.
- Execution Reference: The signal confirms strictly upon candle close; the open of the subsequent bar serves as the execution reference.
Visual SELL Confirmation (Bearish 2B Reversal / False Breakout):
- Structural Context: Market price tests above a prior confirmed swing high, creating an initial breakout probe into resting buy-side liquidity.
- Structural Reclaim: On the setup bar, price reclaims and closes back below that swing level, validating the false breakout and seller absorption.
- Trigger Bar: A dominant bearish expansion candle confirms selling momentum. A sell signal arrow appears on the chart.
- Execution Reference: The signal confirms strictly upon candle close; the open of the subsequent bar serves as the execution reference.
Strict Closed-Bar Calculation:
- All signal calculations, 2B reclaim thresholds, and target projections are locked strictly upon the close of the setup bar.
- Once a candle completes, the signal markers and price levels lock permanently; they do not recalculate, shift, or disappear on historical bars.
Risk Management Architecture and Target Ladder
Every validated setup automatically projects a structured trade management framework directly onto the chart:
- Structural Stop Loss: Systematically anchored beyond the extreme wick of the failed breakout bar, incorporating a configurable volatility buffer to accommodate normal spread variations and short-term market noise.
- TP1 (0.5R): Initial objective configured for early partial scale-outs and immediate risk reduction.
- TP2 (0.8R): Intermediate milestone capturing standard continuation swings.
- TP3 (1.2R): Extended target capturing broader trending impulse waves.
- TP4 (2.0R): Full expansion runner target designed to capture extended directional trend moves.
- Lifecycle Tracking: Real-time on-chart indicators monitor setup progression (Active, TP Hit, SL Hit).
Integrated Functional Modules
1. Multi-Symbol and Multi-Timeframe Scanner
Monitors multiple instruments simultaneously across M15, M30, H1, H4, and D1 without opening multiple charts:
- Active Signal Discovery: Scans and highlights active BUY and SELL setups as 2B reversal reclaims confirm.
- Signal Status Tracking: Displays the lifecycle phase of each tracked signal (Active, approaching TP, approaching SL).
- Timeframe Confluence: Alerts when higher-timeframe trend alignment reinforces lower-timeframe 2B reversal triggers.
- Market Bias Summary: Delivers an UP, DOWN, or FLAT reading based on structural trend evaluation.
- One-Click Switching: Click any cell on the scanner dashboard to immediately redirect your active chart to that symbol and timeframe.
2. Noise Filtering (Signal Brake Engine)
- Suppresses alternating BUY/SELL signals in tight, sideways consolidation ranges.
- Restricts new same-direction signals while an existing setup is actively unfolding.
- Enforces a minimum structural R-distance between triggers to prevent signal clustering.
3. On-Chart Historical Backtest Panel
Provides an immediate statistical summary of past signal outcomes directly on your chart:
- Reports hit-rate performance across all target tiers (TP1, TP2, TP3, and TP4).
- Displays total setup count and sample size over the configured historical lookback.
- Highlights optimal historical target levels for the selected asset.
- Note: Backtest metrics represent past price behavior for the active symbol and settings. Past performance does not guarantee future results.
4. Multi-Channel Alert Suite
- Standard MT5 desktop visual pop-ups.
- Audible sound notifications (.wav).
- Instant mobile push notifications via MetaQuotes ID.
5. Optimized Chart Interface
- Three size presets: Small (S), Medium (M), and Large (L).
- One-click minimize and expand controls to keep chart space clutter-free.
- Draggable interface panel that retains its position across timeframe changes.
Recommended Usage and Operating Specifications
- Supported Instruments: Highly liquid assets such as major Forex pairs, Gold (XAUUSD), and stock index CFDs.
- Recommended Timeframes: M15, M30, H1, and H4 provide the cleanest swing definitions and reliable closed-bar 2B confirmation.
- Platform Compatibility: Fully compatible with MetaTrader 5 on both Hedging and Netting account types.
Support and Free Demo Testing
A functional demo version is available to evaluate directly inside the MetaTrader 5 Strategy Tester prior to purchase.
If you have questions regarding indicator logic, settings, or chart configuration, please send a direct message via my MQL5 profile or comment on the product page.
