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// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © enesyetkin
//@version=5
indicator('Reversal Points', overlay=true)
newHighSensitivity = input.int(defval=50, title='New Low Sensitivity', minval=1)
Periods = input(title='ATR Period', defval=10)
src = input(hl2, title='Source')
Multiplier = input.float(title='ATR Multiplier', step=0.1, defval=2.0)
changeATR = input(title='Change ATR Calculation Method ?', defval=true)
Supertrend(src, Multiplier, Periods,changeATR) =>
atr2 = ta.sma(ta.tr, Periods)
atr = changeATR ? ta.atr(Periods) : atr2
up = src - Multiplier * atr
up1 = nz(up[1], up)
up := close[1] > up1 ? math.max(up, up1) : up
dn = src + Multiplier * atr
dn1 = nz(dn[1], dn)
dn := close[1] < dn1 ? math.min(dn, dn1) : dn
trend = 1
trend := nz(trend[1], trend)
trend := trend == -1 and close > dn1 ? 1 : trend == 1 and close < up1 ? -1 : trend
[trend, up,dn]
[trend, up,dn] = Supertrend(src, Multiplier, Periods,changeATR)
//upPlot = plot(trend == 1 ? up : na, title='Up Trend', style=plot.style_linebr, linewidth=2, color=color.new(color.green, 0))
buySignal = trend == 1 and trend[1] == -1
//dnPlot = plot(trend == 1 ? na : dn, title='Down Trend', style=plot.style_linebr, linewidth=2, color=color.new(color.red, 0))
sellSignal = trend == -1 and trend[1] == 1
var newHighCondition = 0
higher = ta.highest(newHighSensitivity)
if higher == higher[newHighSensitivity / 10]
newHighCondition := 0
newHighCondition
// lowerLevel:=0.0
if higher != higher[newHighSensitivity / 10] and close > higher[newHighSensitivity / 10]
newHighCondition := 1
newHighCondition
HighColor = newHighCondition == 0 ? color.orange : na
topswitch = 0
topswitch := sellSignal ? 0 : (not newHighCondition == 0) and trend == 1 ? 1 : topswitch[1]
reversalsignal = topswitch[1] == 1 and topswitch == 0 ? true : false
plotshape(reversalsignal, title='Sell', text='Sell', location=location.abovebar, style=shape.labeldown, size=size.tiny, color=color.new(color.red, 0), textcolor=color.new(color.white, 0))
//plot(higher, color=HighColor)