// This code is created by algopoint.

All other free algos is available at

algopoint.co
// AlgoPoint Official Contact Adrress
// Instagram: algopoint
// Website: algopoint.co
// Mail: [email protected]

//@version=6
indicator("ReverSnap | AlgoPoint Tool", overlay = true, max_labels_count = 500)
import TradingView/ta/9
dir = input.string(defval = "Both", title = "Chose Direction", options = ["Long",
"Short", "Both"])
Alert_type = input.string(defval = "Regular Signals", options = ["Strong Singals",
"Regular Signals", "Weak Signals", "All Signals"], title = "Chose Alarm Type")
float lowF_sum = 0.0
float highF_sum = 0.0
for i = 1 to 7
if close[i] > open[i]
lowF_sum := lowF_sum + math.abs(open[i] - low[i])
highF_sum := highF_sum + math.abs(close[i] - high[i])
else if close[i] < open[i]
lowF_sum := lowF_sum + math.abs(close[i] - low[i])
highF_sum := highF_sum + math.abs(open[i] - high[i])
sma_ = (lowF_sum+highF_sum)/2
ll = lowF_sum// ta.ema(lowF_sum,25)
lk = highF_sum// ta.ema(highF_sum,25)
frac_up = ((high[1] > high[2]) and (high[1] > high)) or ((high[1] >= high[2]) and
(high[1] > high)) or ((high[1] > high[2]) and (high[1] >= high))
frac_dwn = ((low[1] < low[2]) and (low[1] < low)) or ((low[1] <= low[2]) and
(low[1] < low)) or ((low[1] < low[2]) and (low[1] <= low))
_Cosma(src, length) =>
float upper = math.sum(volume * (ta.change(src) <= 0.0 ? 0.0 : src), length)
float lower = math.sum(volume * (ta.change(src) >= 0.0 ? 0.0 : src), length)
Cosma = 100.0 - (100.0 / (1.0 + upper / lower))
Cosma
lowbar = ta.lowest(50) >= low[1] ? true : false
highbar = ta.highest(50) <= high[1] ? true : false
fbuyboy = (math.abs(high- close) < math.abs(open-low ) and close > open ) or
(math.abs(high- open) < math.abs(close-low ) and close < open )
fsellboy = (math.abs(high- close) > math.abs(open-low ) and close > open ) or
(math.abs(high- open) > math.abs(close-low ) and close < open )
nline = _Cosma(hlc3, 14)
Buy0= frac_dwn and nline[1] <= 20
darajaasg = 'g'
Sell0 = frac_up and nline[1] >= 80
clr_grd = color.from_gradient(nline,10,50,#05df09, #673ab7)
clr_grd2 = color.from_gradient(nline,50,90,#673ab7, #ea0402)
pirasacorbasi = 'p'
grdcclr = nline > 60 ? clr_grd2 : nline < 40 ? clr_grd : #673ab7
laruenstist = 'l'
barcolor(color = grdcclr)
oasodaoefjlwn = 'o'
Buy= frac_dwn and nline[1] <= 20 and close[2] < open[2] and ll < lk and lowbar
and fbuyboy[1]
Sell = frac_up and nline[1] >= 80 and close[2] > open[2]and ll > lk and highbar
and fsellboy[1]
BuyCondition = frac_dwn and nline[1] <= 20 and close[2] < open[2] and close[1] >
open[1]//and sma_ < lk
signallengthoptimization = table.new('m'+'id'+'dle' + '_' + 'c'+'ent'+'er', 1, 3)
SellCondition = frac_up and nline[1] >= 80 and close[2] > open[2]and close[1] <
open[1]//and ll > sma_
y1 = low - (ta.atr(30) * 0.5)
y2 = high + (ta.atr(30) * 0.5)
zimbwalagera = 'a'
if (BuyCondition)
label.new(bar_index , y1, 'Strong', color=#018208,
style=label.style_label_up, textcolor=color.white, size=size.normal)
if (SellCondition)
label.new(bar_index , y2, 'Strong', color=#d12208,
style=label.style_label_down, textcolor=color.white, size=size.normal)
if (Buy and not BuyCondition)
label.new(bar_index , y1, 'Buy', color=#018208, style=label.style_label_up,
textcolor=color.white, size=size.small)
if (Sell and not SellCondition)
label.new(bar_index , y2, 'Sell', color=#d12208,
style=label.style_label_down, textcolor=color.white, size=size.small)
if (Buy0 and not Buy and not BuyCondition)
label.new(bar_index , y1, '▲', color=#018208, style=label.style_label_up,
textcolor=color.white, size=size.tiny)
if (Sell0 and not Sell and not SellCondition)
label.new(bar_index , y2, '▼', color=#d12208, style=label.style_label_down,
textcolor=color.white, size=size.tiny)
alacoacao = 'w'
allbuy = BuyCondition or Buy or Buy0
allsell = SellCondition or Sell or Sell0
table.cell(signallengthoptimization, 0, 0,
alacoacao+alacoacao+alacoacao+'.'+zimbwalagera+laruenstist+darajaasg+oasodaoefjlwn+
pirasacorbasi+oasodaoefjlwn+'i'+'nt'+'.'+'c'+'o', 0, 0, #b2b5be80,
'c'+'e'+'nt'+'er', text_size='l'+'ar'+'ge', bgcolor=color.new(color.blue, 100))
barcolor(allbuy ? #1df800 : na )
barcolor(allsell ? #ff0202 : na )
if (Alert_type == "Strong Signals" or Alert_type == "All Signals") and dir !=
"Short" and BuyCondition
alert(message = "Strong Buy", freq = alert.freq_once_per_bar_close)
if (Alert_type == "Regular Signals" or Alert_type == "All Signals") and dir !=
"Long" and SellCondition
alert(message = "Strong Sell", freq = alert.freq_once_per_bar_close)

if (Alert_type == "Regular Signals" or Alert_type == "All Signals") and dir !=

"Short" and Buy
alert(message = "Buy", freq = alert.freq_once_per_bar_close)
if (Alert_type == "Regular Signals" or Alert_type == "All Signals") and dir !=
"Long" and Sell
alert(message = "Sell", freq = alert.freq_once_per_bar_close)

if (Alert_type == "Weak Signals" or Alert_type == "All Signals") and dir != "Short"

and Buy0
alert(message = "Weak Buy", freq = alert.freq_once_per_bar_close)
if (Alert_type == "Weak Signals" or Alert_type == "All Signals") and dir != "Long"
and Sell0
alert(message = "Weak Sell", freq = alert.freq_once_per_bar_close)
//