IndicatorPremium
Reversion Bands
Statistical bands that adapt to volatility and identify extreme price extensions. When price reaches the outer bands, mean reversion is likely. Combines standard deviation with ATR for more accurate extreme detection.
Full Source Code
Alert Templates
Build on with HorizonAI
What's Included
Dynamic volatility-adjusted bands
Extreme extension highlighting
Mean reversion signals
ATR-based adaptation
Multi-timeframe support
Alert on band touches
Source Code Preview
Get the full PineScript v6 source code—use it as a foundation and build on top of it with HorizonAI.
1//@version=6
2indicator("Reversion Bands", overlay=true)
3// ─────────────────────────────────────
4// Reversion Bands - Full Source Code
5// ─────────────────────────────────────
6
7// Input Settings
8pivotLen = input.int(5, "Pivot Length")
9showLabels = input.bool(true, "Show Labels")
10
11// Core Logic
12pivotHigh = ta.pivothigh(high, pivotLen, pivotLen)
13pivotLow = ta.pivotlow(low, pivotLen, pivotLen)
14
15// Structure Detection
16var float lastHigh = na
17var float lastLow = na
18
19if not na(pivotHigh)
20 lastHigh := pivotHigh
21 // ... more logic
22
23// Break of Structure
24bosUp = close > lastHigh
Related Scripts
PremiumIndicator
Market Structure
Automatically maps swing highs and lows with break of structure detection.
PremiumIndicator
SMC Market Structure Pro
Advanced Smart Money Concepts with internal and swing structure mapping.
FreeIndicator
Liquidity Levels
A comprehensive suite designed to identify and track institutional liquidity zones, stop hunts, and more.
Get access to all 23+ scripts
Full source code, alert templates, and the perfect base to build on with HorizonAI. Join 10,000+ traders.