JessieOBS The Evil MACD for back testing

JessieOBS – Reversal Early Warning Tool (Backtest Version)

1. Reversal Early Warning
This indicator highlights areas with the highest probability of trend reversal using thick red and blue lines.

Blue lines indicate a potential downward reversal

Red lines indicate a potential upward reversal
Instead of marking a single point, JessieOBS focuses on identifying high-probability reversal zones.

2. Sideways Market Filtering
One major weakness of many traditional indicators is their inability to filter out sideways (range-bound) markets.
JessieOBS is designed to address this issue: during consolidation phases, red and blue warning zones appear far less frequently, helping traders avoid low-quality signals and reduce noise.

3. Left-Side Signal for Advanced Analysis
JessieOBS is a left-side indicator, meaning it provides early warnings before confirmation.
Signals are often shown as a zone rather than a precise entry point. To refine entries, users are encouraged to combine JessieOBS with their own trading systems, such as:

Divergence-based strategies

Smart Money Concepts (SMC) analysis

The Theory of Entanglement structures

Different traders use different methods, and JessieOBS works as a powerful tool to enhance the accuracy and confidence of many analytical approaches.

4. Backtesting-Focused Version
This version is specifically designed for historical analysis and backtesting.
Recent data is intentionally hidden, while historical signals remain visible, making it suitable for building, evaluating, and refining trading systems.

5. Real-Time Signals
For real-time trading signals, please refer to JessieOBS with MACD – The Evil MACD 3.0.