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Vein Reversal Score
Vein Reversal Score is the analytical core of the Vein Suite. It consistently separates between setup conditions (momentum exhaustion: RSI, MFI, MACD, StochRSI, EMA distance, Bollinger, wicks, volume) and confirmation conditions (market structure: BOS, Spring/Upthrust, Fake Break, Climax+Test). The regime (RANGE or TREND) weights the two layers differently – in ranges oscillators count more, in trends structure counts more. Eight status states (WATCH to FAILED) precisely show which phase a possible reversal is in.
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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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