9/21/50/200 By DSW Trend Reversal for Options

This strategy identifies potential trend reversals using a combination of 9, 21, 50, and 200-period moving averages. The script signals bullish reversals when the shorter moving averages cross above the longer ones, indicating a potential upward trend, and bearish reversals when the opposite happens, signaling a downward trend.

It’s particularly useful for options trading, as it highlights key entry points for call and put options based on market momentum shifts. The moving averages are dynamically plotted, and the script provides visual alerts when crossovers occur.

This tool can help traders spot trend changes early, allowing for timely options strategies. Backtest the strategy and adjust parameters for different timeframes or market conditions.