{
  "id": 1145,
  "rank": 2944,
  "name": "Reversal point indicator",
  "aka": [
    "Reversal-point-indicator.itf",
    "reversal-indicator-stochastic-and-highest-high-or-lowest-low.png",
    "reversal-indicator-with-arrows-prorealtime.png"
  ],
  "family": "B",
  "subtype": "B8",
  "one_liner": "Identifies potential bullish and bearish turning points based on candle patterns, stochastic levels, and price levels.",
  "market_regime": "any",
  "timeframes": [
    "null"
  ],
  "symbols": [
    "null"
  ],
  "sessions": [
    "null"
  ],
  "indicators": [
    {
      "name": "Stochastic",
      "params": {
        "period": 8,
        "k_period": 3,
        "d_period": 3
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "close[1]<open[1] and close>open",
    "close>open[1]",
    "lowest[3](low)<lowest[50](low)[1] or lowest[3](low)<lowest[50](low)[2] or lowest[3](low)<lowest[50](low)[3]",
    "summation[3](stochastic<20)>0"
  ],
  "entry_short": [
    "close[1]>open[1] and close<open",
    "close<open[1]",
    "highest[3](high)>highest[50](high)[1] or highest[3](high)>highest[50](high)[2] or highest[3](high)>highest[50](high)[3]",
    "summation[3](stochastic>80)>0"
  ],
  "exit_rules": [
    "null"
  ],
  "filters": [
    "null"
  ],
  "stop_loss": "null",
  "take_profit": "null",
  "position_size": "null",
  "evidence_type": "source_code",
  "completeness": 80.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/1145-reversal-point-indicator",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.prorealcode.com/prorealtime-indicators/reversal-point-indicator/",
  "limitations": "These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms."
}
