Washout Reversal
π Washout Reversal β LTF bottom-fishing
Scans every active Binance USDT perp on 15m / 30m / 1h for bullish reversals after a deep flush. Every hit needs three core conditions:
1) Bullish RSI divergence β price prints a lower low while RSI(14) prints a higher low, at a confirmed pivot low (5 bars each side, pivot gap 5β60 bars).
2) Pre-pivot washout β within the 30 bars strictly before the pivot, β₯7 consecutive bars where stoch %K(14,3) < 25 AND stochRSI %K < 25 (the "deep flush").
3) Recency β pivot within the last 5 days.
π‘οΈ Qualified β pivot close sits 0β5% above at least one daily MA (SMA50 / SMA100 / EMA200 / SMA377), i.e. the reversal is happening right on top of long-term support. Highest conviction.
π₯ͺ Sandwiched β price sits between two daily MAs: at least one MA below (support) and one above (resistance/overhead). Research grade β upside may be capped by the MA overhead.
Both β a row can be 0β5% above one MA and have another MA overhead; it carries both badges and matches either checkbox. Rows that are neither (over-extended above all MAs, or below all MAs with no support) are dropped by the scanner entirely.
Filters β no boxes checked = show everything. Check π‘οΈ/π₯ͺ to restrict to rows carrying at least one checked badge; π― restricts to your Targeted Tickers list. Filters stack.
Column glossary β Listed: Binance futures listing date + age. Entry: close of the pivot-confirmation bar (pivot + 5 bars) β the first price you could realistically act on; Age and all returns anchor here, matching the backtest. Since Entry: move from entry close to now. Pivot: when/where the divergence low printed (pattern anchor, not tradeable). Washout: length of the oversold run before the pivot (longer = deeper spring). RSI P2βP1: RSI at the older vs newer pivot (rising = divergence strength). Gap: bars between the two pivots. MA Gate: nearest qualifying MA and % above it. PnL 10d: forward 10-daily-bar return from entry close (partial for recent entries).
Timing note β a pivot needs 5 bars to its right to confirm: ~75 min lag on 15m, ~5 h on 1h; Entry is exactly that confirmation moment. Schedule: every 30 minutes, 24/7 (shared cycle with MTF Washout Reversal). Backtest context: sandwiched-only rows historically underperform qualified/no-MA rows.