🤖 Reversal Peaks

reversal peaks reversal peaks — a tool, whose name speaks for itself it is based on vwap (volume weighted average price) and our proprietary reversal bands algorithm, which helps traders understand where the potential local price reversals, making this tool of the most helpful tools for mean reversion traders peak major factor the higher this value, the more sensitive the algorithm becomes to the selection of potential exit points (closing a position) if you want to make exit points from positions more "clean", then do peak major factor higher we also recommend using higher values peak major factor when trading on longer tfs smaller values peak major factor ​​are better used when trading on smaller tfs peak minor factor metric responsible for the lower value this factor may indicate a potential end of a local or global trend, a potential upcoming trend reversal peak length it acts as a calculation of the maximum length consisting of the number of bars it acts as the final filtering indicator, with which you can get clearer signals for certain tf smaller values should be taken as a factor of a more accurate value