It's quite tricky to code these kinds of patterns, so it's really not ideal. I alert when a candle cross level but close below (above for bottom) it and previous close was below (above) it as well.
You can setup params for and also by how much it should cross level with "SF ATR Mult".
I have in mind a few other things I'd like to test:
* Different types of
* Few recent levels at once
* from higher timeframe
* Different types of "touching" levels
Ideally, I want to create a strategy from it, but I'm far from it for now.
Do you have any ideas on how to make it better?
Original Significant Reversal Indicator: