Reversal Block Indicator

An indicator with an intelligent algorithm for searching for reversal trends. It searches for areas on the chart where volatility increases, which leads to
overbought and oversold conditions. The indicator analyzes price movement and volatility, starts building blocks of reversal trends, at the end of which there will most likely be a price reversal.

The indicator provides two options for use:

1. At the beginning of the overbought or oversold condition, when the price movement is most intense

• When the beginning of overbought appears, a blue dot appears, you can make a purchase while the blue block is being built until the reversal blue dot appears.
• When the beginning of oversold appears, a red dot appears, you can make a sale while the pink block is being built until the reversal red dot appears.

2. At the moment of reversal after the block of overbought or oversold conditions.

• When the blue block is built, wait for the reversal blue dot signal to appear, then make a sale, Stop-loss slightly above the upper level of the block, Take-profit at your discretion.
• When the pink block is built, wait for the red dot reversal signal to appear, then make a Stop-loss purchase slightly below the lower level of the block, Take-profit at your discretion.

The indicator does not repaint, signals appear when the candle closes.
All parameters are already configured and collected in a single one - Reversal detection frequency, has 9 detection speeds, for younger TFs increase the parameter, for older ones decrease it.
It has several types of alerts for signals
Can be used on any Time Frame
Adapted for use on currencies