RDR + Oops + UNR Reversals

In beta. The logic is stable and running live in the members’ channel, but the settings are still being tuned. Expect defaults to change.

Overview

Three reversal patterns in one script. They share a single idea: a level broke, the break failed, and the people who took it are now on the wrong side.

That’s the whole thesis. Yesterday’s high and low are the most-watched intraday levels there are — when price pushes through one and then closes back inside, the move that just happened wasn’t a breakout, it was a trap. This script watches for the three ways that trap tends to spring, and tags the bar it happens on.

All three run at once by default. You can switch any of them off.

RDR — the intraday failed break

The simplest of the three, and the one that fires most often.

Price trades through yesterday’s high or low during regular hours. It doesn’t hold. It closes back through the level. The breakout is dead and the reversal is the trade.

RDR LONG · PDL (RTH) — price undercut yesterday’s low, closed back above it, and ran roughly $30 over the next hour.

The mirror image. RDR SHORT · PDH (RTH) at the failed push through yesterday’s high, ahead of a sharp move down.

The label always names the level it fired against — PDH or PDL — so you know which side of yesterday’s range was defended.

Two ways to confirm

The default is faster and gets you a better price. The alternative is slower and rejects more marginal breaks. Neither is wrong; the second suits people who have been burned by re-breaks.

Leave “Require prior close beyond level” on. With it on, a signal needs a bar that genuinely closed outside yesterday’s range before the reclaim. Off, a single wick through the level qualifies as the break — which produces far more signals and far more of them meaningless.

Oops — the failed gap

Same idea, moved to the open.

The market gaps beyond yesterday’s range — above the high or below the low — and then crosses back in. Everyone who chased the gap is now underwater, and the fill of that gap is the trade.

This one is time-boxed: it only counts inside the first stretch of the session, because a gap that reverses at 2pm isn’t the same event as one that reverses at 9:45. There’s a setting for how long that window is.

There’s a second path in. “Allow if gap not present but early cross occurs” lets the module fire when there was no gap but price crossed the level early anyway. It ships off, which makes Oops strictly a gap pattern by default. Turning it on widens it into a general early-session reversal — useful, but it stops being the pattern it’s named after.

Like RDR, it offers close-through or wick-plus-confirmation, and caps itself at one long and one short per day.

UNR — undercut and reclaim

The most selective of the three, and the one with the most information attached to it.

Two things have to fail at once. Price has to undercut a moving average and a pivot level, then reclaim both. Either one alone isn’t enough.

UNR LONG at 09:20, reclaiming the weekly and daily 8 EMAs together. Strength 6, suggested stop at the low of day.

Reading the label

Strength is the number to look at, and higher is better. It scores how much confluence the reclaim had — a low number is a technically valid signal at a single level; a high one is price recovering several timeframes’ worth of structure in one move. Treat the two as different trades, not the same trade with a different label.

UNR SHORT · PIVOT+EMA FAIL: D8 · Strength: 1 — a single daily average, the weakest grade of signal. It worked here, but this is the tier where you want other reasons to be in.

The pivot rule is not what you’d expect

This catches people out, so read it twice.

For a long, the pivot being defended is yesterday’s high, not its low. The sequence is: price broke out above yesterday’s high, closed above it, then dipped back below — and reclaimed it. The old resistance is now being tested as support, and it held.

For a short, it’s yesterday’s low acting as failed support.

That’s the opposite of the “undercut a low” reading the name suggests, and it’s deliberate — it makes UNR a continuation-after-shakeout pattern rather than a bottom-fishing one. You’re joining an established move after it flushed the weak hands, not catching a falling knife.

There’s a tolerance setting in ATR if you want a small buffer around the pivot rather than an exact test. It ships at zero.

The EMA set

Daily 8, 21, 50, 100 and 200, plus weekly 8 and 21 — each one switchable.

The shipped default enables a mix of fast daily and weekly averages. The slower daily averages are available for people who trade off them, but including everything makes signals rarer and strength scores harder to compare against each other.

Selected averages plot on the chart with a tag on the right edge — EMA:8D, EMA:21D, EMA:8W — so you can see the level being tested before the signal fires.

Rules that apply to all three

The alerts go to Discord

Members get these in the channel as formatted cards.

Each card names the module that fired, the direction, the price, and yesterday’s high and low. UNR cards add the average reclaimed, the strength score, and the stop.

Every card carries yesterday’s high and low alongside the price, which is the context you need to sanity-check the signal without opening a chart — you can see immediately how far into the range price has recovered.

Using it

Settings

FAQ