Oscillator Matrix™ comes with a complete trend reversals detection system, allowing users to timely assess when a trend is changing direction.
Different kind of reversals are returned on the oscillators pane, minor (-) and major (+) reversals signals.
Minor reversals are frequent signals often indicative of shorter term reversals, such as the top/bottom of an impulse (thus announcing a retracement). Minor reversals are highlighted by circles.
Major reversals can occur later in a trend, and can be indicative of a more significant reversals. Major reversals are highlighted by triangles.