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What is Epic U-Turn?

The Epic U-Turn Indicator, is an indicator based on volume and previous price action to confirm that power has switched from buyers to sellers. When intraday or swing trading, these are also known as reversal bars, turnaround bars, or engulfing reversal patterns.

Based on back-testing results of this strategy, the  *magic * of Epic U-Turn is the code to showcase if the turnaround play is a true reversal or just a tug-a-war between buyers and sellers. A label (and scanner) indicator shows the percentage the U-Turn is a true reversal which can optionally post labels for suggested entry and exit. 

How do you know stock is in a reversal pattern? 

       

 

Optional settings from stock volume to the size of the turnaround... best reversal indicator for thinkorswim! 


This component has been heavily back-tested with the best results from 15 min and hourly charts. Daily charts also produced great back-testing from 73% of our tests, in trading scenerios which the upper timeframe trend was already going in the same direction (an option to set this to only show these is possible in the indicator!) 

* Note: All purchases before Dec 31st 2020 receive a free 30 minute zoom call with our staff regarding any setup or configuration questions!

Money Back Guarantee!  - Check out our refund policy!

Multiple Package Options:

  • Full Edition ($199.97) - Package includes all components the standard edition, and also includes TD Ameritrade ThinkOrSwim Back-Study Strategy feature. 
  • Standard Edition ($99.97) - Package includes everything full chart study, strategy, watchlist column, and scanner. 
  • Basic Edition ($69.97) - Package includes simply the chart study. 

PURCHASE EPIC U-TURN INDICATOR

Epic U-Turn Indicator Features

  • Reversal bar indicator for turnaround intraday and swing trading. - View Screenshot
  • This  "EPIC Reversal" bar can be highlighted in unique color or with up and down arrow. Further initial "enter now" indicators are setup to determine if the bar is possibly a true reversal based on volume and price action. 
  • Specify any qualifying parameters such as increase in volume, or if reliability of the reversal (strict reversal only displays after further confirmation and on increased volume, optionally disable to get into position or watch pattern develop!) 
  • Illuminates colors according to your configurable settings (higher volume, pause indicator before order entry, etc...) 
  • Watchlist columns can be setup to display turnaround / reversal bar with multiple time frames (so for intraday trading you can include a 5, 15, and one hour to see if they are all reversing!). Watchlist columns are color coded for significance of reversal. 
  • Optionally enable alerts... Either from the chart or from scanner and watchlists.
  • Optionally enable labels for suggested entry and stop loss, simple label during the pattern that suggests best on our your chart timeframe and analytics from backtesting. what would provide best profit loss (with this indicator even more helpful as you can use conditional order entries from think or swim to prepare and in advance for your order). 
  • Optionally "Flash" the screen when pause or igniting bar setup suggests entry into position.
  • Simple installation via immediate link after purchase
  • Works on multiple timeframes
  • Back tested using On Demand from TD Ameritrade - and you can backtest too! - Check out backtesting options.
  • Back testing includes options to  setup target and stops for scalping, trailing stops, automatically closing stocks EOD, etc... 
  • Based on your purchase options... Choose between chart study only, study with strategy for backtesting, watching columns, scanner, or complete package! Money Back Guarantee!  - Check out our refund policy

What's Included?

  • Epic U-Turn Indicator - Chart study including all features for every timeframe. 
  • Epic Chop Indicator - Avoid the EPIC Sideways price action.... The Epic Chop indicator included with the package that helps to avoid chopping patterns. This indicator isn't for sale as an individual package but worth the entire solution! Getting caught up in chopping patterns costs us money... The best way to avoid this, is to trade outside the chop!  - View Screenshot
  • Scanner / Watchlist (Standard or Professional edition) - Multiple scans, with easy tutorials and setup... Scan on multiple timeframes to see the reversal play of the Epic U-Turn indicator. Scan can be to "low", "medium", or "high" probability of a turnaround.
  • Backtesting Capabilities  (Professional edition only) - We take backtesting seriously, and so should you! Backstudy indicators include many advanced options to enable or disable specific entry or exit orders: 
    • Enable hours of trading (so does not trade during extended or pre-market) 
    • Enable or disable a "Close out all positions EOD" feature, best for 5 and 15 min intraday charts to close out all position within last 5 minutes of the day. 
    • Enable / disable  standard Epic Profits Target / Stop Loss (stop loss is highest low from last candle with possible offset or for short positions the highest hight of last bar). 
    • Enable / disable scalp order and set the $ or % of the target and stop loss order entry.  
    • Enable / disable target and stop loss $ order entry. 
  •  

Multiple Package Options:

  • Full Edition ($199.99) - Package includes all components the standard edition, and also includes TD Ameritrade ThinkOrSwim Back-Study Strategy feature. 
  • Standard Edition ($99.99) - Package includes everything full chart study, strategy, watchlist column, and scanner. 
  • Basic Edition ($69.99) - Package includes simply the chart study.

PURCHASE EPIC U-TURN INDICATOR


Known Limitations / Testimonials: Neither rankings and/or recognition by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any designation or certification, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Nash Technologies LLC engaged, or continues to be engaged, to provide financial indicators or consulting services.

Epic U-Turn Indicator Reviews

Great indicator to show shift in pattern and let you know to when to buy

11/20/2020

      Jacob Austin   

I am new to using the thinkorswim platform and I have been trying to get into using watchlists more. Patterns can seem like they are about to reverse when they are actually in a more choppy state, but Epic U-turn is programmed to accuratley idicate a true reversal bar. You can easiy adjust the settings or rely on the defaults which are reliable to help you get in early on a upward trend. The support team offered a free 30 minute zoom call to help me get set up with the inicator and explain what I can do with it. They were very well informed, polite, and helpful as they walked me through the set up and use of the Epic U turn indicator on a 15 min chart. 



Great indicator, easy to setup.

11/24/2020

      Erica Hart   

I was hesitant to get this because I am new to trading and first time setting up any "chart study". Originally used to use Scottrade but was bought out by TD Ameritrade and so completely different platform. Quick tutorial video and setup instructions and I was up and running quickly. Contacted support about changing colors of arrows and they responded right away. 



Ok, but could use better scanner.

11/24/2020

      Evan Kelly   

I like the chart indicator and useful (especially if you ever look at thumbnail views of multiple charts) to enbable the feature to gray out other candles and only highlight specific turnaround or reversal bars. There is also option to flash the chart background when turnaround bar has formed. The watchlist scanner seems to be slow but that could also be my platform setup. 



Prefer the other indicators

11/24/2020

      Will Colby   

Initially purchased this indicator and asked for a refund... Refund was quick and they offered resolution for the Epic Entry which I have ended up using and find more useful. This might be better for intraday traders but I rarely am around to trade and have full time job so not as useful for me. 



Love the turnaround plays!

11/24/2020

      Mike Renner   

I setup watchlists for this indicator combined with the Epic labels / Epic Entries for my trade management. Asked them to add a label to help show current percent from yesterdays low and they did it for very small fee and delivered by the next day! Chad and David are very helpful! 



Five Fundamental Truths...

 

1. Anything can happen.

 

2. You don’t need to know what is going to happen next in order to make money.

 

3. There is a random distribution between wins and losses for any given set of variables that define an edge.

 

4. An edge is nothing more than an indication of a higher probability of one thing happening over another.

 

5. Every moment in the market is unique.

 

– Mark Douglas, Trading in the Zone

 

DISCLOSURE: Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, commodities and forex markets. Don't trade with money you can't afford to lose.

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including utilizing Nash Technologies indicators or back-testing strategies), or any non-investment related content, made reference to directly or indirectly in this commentary will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to many factors, including changing market conditions and/or applicable laws, the content and software may no longer be reflective of current opinions or positions.

Historical performance results for investment indices, benchmarks, and/or categories have been provided for general informational/comparison purposes only, and generally do not reflect the deduction of transaction charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results.  It should not be assumed that your Nash Technologies LLC product, consulting, or service correspond directly to any comparative indices or categories.

Known Limitations / Testimonials: Neither rankings and/or recognition by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any designation or certification, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Nash Technologies LLC engaged, or continues to be engaged, to provide financial indicators or consulting services.