Volume & Momentum Reversal Detector for Sierra Chart

Advanced real-time pattern recognition system for high-probability intraday reversals

🔍 What It Does

The Volume & Momentum Reversal Detector continuously scans each bar to detect high-probability reversal patterns based on price-volume dynamics.

It combines Volume Momentum (VM) and Exhaustion Reversal (ER) logic into one adaptive engine that reacts to intraday volatility and directional pressure, helping traders anticipate turning points before they become obvious.

⚠️ Note: Works on all time-based, range-based, renko, trades, etc. charts, but does NOT work on pure volume-based charts (e.g., 3000V bars) because volume comparisons between consecutive bars are invalid on these chart types.

📊 Detected Patterns

🔹 Volume Momentum (VM)

• Detects exhaustion or pressure-building phases where price and volume structure signal a momentum shift.
• Recognizes sequences of directional bars followed by reversal bars with increasing volume.
• Ideal for intraday reversals after strong directional moves.

🔹 Exhaustion Reversal (ER)

• Identifies exhaustion points where aggressive new highs/lows lose conviction.
• Reversal occurs on significantly lower volume
• Typically signals trapped traders or absorption zones, often preceding sharp counter-moves or session pivots.

✅ Optional “Finished Business” Filter

• Filters weak reversals and highlights true exhaustion setups.

⚙️ Key Features

• Automatic real-time detection of VM & ER patterns
• Compatible with time, trades, range or Renko charts
• Adaptive volume logic for exhaustion vs pressure-building
• Optional “Finished Business” confirmation using volume-at-price
• Customizable visual markers: triangles, arrows, size & tick offsets
• Lightweight, optimized ACSIL engine for Sierra Chart

🎯 Ideal For

• Intraday traders seeking early reversal confirmation
• AMT and orderflow-based strategies
• Integration with custom signal frameworks or automated systems

⚙️ Configuration Options

• Enable/disable VM or ER patterns independently (Long/Short)
• Adjust lookback period for new extreme detection (ER patterns)
• Switch between volume exhaustion and pressure-building logic (VM patterns)
• Configure marker size, color, and tick offset
• Toggle Finished Business filter
• Apply session/time filters for RTH, overnight, or custom ranges

💻 Installation

1. Download dll
2. Copy it into your SierraChart/Data folder
3. Open Sierra Chart → Analysis → Studies → Add Custom Study → Multi Pattern Detector
4. Configure parameters, colors, and alerts as desired

💡 Summary

The Volume & Momentum Reversal Detector identifies true momentum shifts and exhaustion points using measurable volume–price dynamics.
It’s a precision tool for traders who demand clarity, speed, and data-backed confirmation in Sierra Chart.
Compatible with any chart type except pure volume-based charts, providing reliable reversal signals across multiple chart styles.