In ranging markets, the indicator fluctuates between -50 and +50. The verified setup requires a touch of the +45 or -45 level (the "danger zone") followed by an immediate rejection and close below +40. This has been shown to catch tops and bottoms 15% faster than traditional Bollinger Band reversals.

: Helps identify momentum reversals within the trend.

Platforms like EA Studio can be used to validate the win rate and profitability of these specific breakout rules. Fibonacci — Indicators and Strategies - TradingView

If the indicator you are testing does these three things, it passes the verification test for a structure-based trading tool.