This indicator on Tradingview has some hidden settings which when applied can easily be used to make over 100$ every hour.

This indicator on tradingview gives insane results, we optimized its settings to remove the false signals and its accuracy was ...

This latest reversal indicator on trading view uses support and resistance to give the most accurate reversal signals it uses price action and momentum phases to predict when the market will reverse it is a non-repaint indicator and can be used on any time frame for scalping setups as well asIntraday trading whenever it gives a valid entry condition most of the time the market tends to reverse from that point in this video we will guide you on how to use this indicator with optimized settings and will also guide you on how to use it with our strategy so you canMake decent profits daily or sharpen your trading skills so let's get started open trading View and click on the indicators tab here search for reversal signal by Lux algo once found click to apply it to the Chart the reversal signals indicator is an indicator that aims to identify when a trend is fadingAnd potentially starting to reverse as a counter Trend tool the reversal signals indicator aims to solve the problem of several technical analysis indicators that perform well in trending markets but struggle in ranging markets so open indicator settings we need not change anything in the input tab switchTo the style Tab and look carefully here untick the options as shown in the video four options have to be enabled perfect bullish momentum phases resistance levels perfect bearish momentum phases and support levels just pause the video and take a snapshot it will be easier for you once done apply the settings andLet the chart refresh now let's see how to take entries using this indicator for now we're using a five minute time frame but you can use it on any other time frame as per your trading Style buy setup for a Buy trade we have to consider twoConditions first look at this green line which serves as a support level this line indicates that the market has some bullish momentum so when there is this green line soon a green signal appears this means that the market has a high probability of reversing from here openThe trade on a fresh candle and you will see that the market pullbacks from this point cell setup conditions are similar but setup is just the opposite check the red support line once it's there wait for a red signal to appear which will Mark our pullback or reversal Point open trade onA fresh candle and see how the market takes a u-turn check out this by example here is a green signal and below is a clean support line we'll execute the trade on a fresh candle and let's see what happens profit easily similarly this cell example this is a clean resistance lineWe'll wait for a pullback reversal signal once it's there on a fresh candle open your trade managing your trades is very simple with this setup for a Buy trade your stop loss has to be just below the support line and your take profit level has to be near the closest resistance levelSame way for a sell signal your stop loss will be just above this resistance line and your take profit will be somewhere around the nearest support although this is a good indicator sometimes results will not be as good as expected to avoid most of the false signals I've come up with a simpleStrategy to avoid false signals wait for the market to come as close as possible to the support or resistance level the closer it will be more chances of reversal but wait if the market crosses or breaks these lines then this signal becomes invalid you don't have to takeThe trade in this condition in this example here is a resistance line we get a sell signal and the market is close to this resistance line it can be a good entry point same way check this Buy Signal this is a support line and here we get a BuySignal but this signal is pretty far from our support line if we take a trade on this signal it will be either a loss or our risk to reward ratio will be horribly bad follow the instructions as explained and let us know how it worked for you we keep posting amazingStrategies like these on this channel which you can use to improve your trading career and skills make sure you're subscribed to our Channel use this indicator as explained and if you have any issues make sure to leave them in the comments section I hope you've learned something new today see you inThe next video Until then goodbye