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Vein Reversal Labeler
Vein Reversal Labeler is intended exclusively for historical analysis and model training – it uses lookahead and is therefore not suitable for live trading. It marks past reversal points with a two-dimensional grading: quality (strong/weak by size, move and speed) and timing (fast/normal/slow as a suffix). Two target definitions (large: 2.5x ATR or 16 bars; small: 1.5x ATR or 4 bars) enable differentiated evaluations. A quality and timing table facilitates quantitative analysis.
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Features
Usage: Open the Pine Editor on TradingView, copy the code from the GitHub repository and paste it.
This script is an idea for developing your own Pine Script indicators. It does not constitute investment advice and serves exclusively as technical learning material. Use at your own risk.
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