Future Candle Reversal Projection

Overview

The Future Candle Reversal Projection tool identifies potential upcoming reversal zones by projecting pivot-based swing patterns forward in time. Unlike traditional ZigZag indicators that only react to past movements, this indicator anticipates probable future turning points using historical swing periodicity.

---

Key Features

Forward Projections

• Calculates future swing zones based on measured pivot distances.

Customizable Detection

• Adjustable ZigZag depth for different trading approaches:
  • Scalping
  • Swing trading
  • Positional strategies

Dynamic Updates

• Recalibrates projections in real time as new pivots form.

Clean Visual Markers

• Displays projections using intuitive labels and dotted lines.

---

How It Works

1. Swing highs and lows are detected using a user-defined ZigZag depth.
2. The most recent swing’s:
   • Bar distance
   • Price characteristics are measured.
3. The indicator then projects estimated future reversal zones by:
   • Using time intervals that mirror the last swing
   • Using midpoint price levels between the latest high and low

These projections appear as forward-facing visual guides on the chart.

---

Who Can Benefit

• Intraday traders planning around probable turning points
• Swing traders looking for projected structure-based setups
• Technical analysts focused on pattern periodicity and timing
• Traders who want pre-identified zones to combine with custom strategies

---

Disclaimer

This tool is designed for educational and analytical use.
It does not guarantee outcomes or predict market direction with certainty.
Always combine projections with personal analysis and risk management.
Past price structure does not ensure future repetition.

---

TradingView Link

To view this indicator on TradingView: Click here