Reverse chart

Reverse chart is designed to help find potential reversal points in the market. Bars are built by price movement rather than by time, which makes this chart useful for reversal-oriented strategies.

The two key parameters are Volatility and Model, both measured in pips.

Volatility controls when the chart registers a trend break. For example, if the value is set to 4 pips, the price must move 4 pips in the opposite direction before the chart shows a local reversal.

Model follows the same principle but controls chart colouring. When price moves the specified number of pips against the current trend, the chart changes to the opposite colour.

The practical goal is to choose Volatility and Model values that identify trend reversals with the highest probability for your instrument and timeframe.