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Home > Reversal Indicator >

Dynamic Reversal Indicator for TradeStation
The dynamic reversal indicator is exclusive to TradeStation 8.x only. This indicator is used to measure price swings and to alert the user when prices become oversold or overbought compared to recent market action. It monitors oversold/overbought conditions in a dynamic fashion by comparing current price movement with recent swings in price, rather than measuring price swings based upon a static scale like a specific change in price between two points or on a range bound scale like RSI. The dynamic reversal indicator can be applied in the same way as a regular reversal indicator looking for overbought/oversold conditions in the market. The dynamic reversal indicator can also be used to find high probability trading opportunities in short term market reversals, extremely useful for swing traders, by applying the indicator to find markets exhibiting new and extreme levels of price action and volatility.

Price: $99.00

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