This study is a lower study that gives you a three step confirmation as to when a low reversal have been confirmed. I want everyone to keep in mind, a reversal can happen after a stock has fallen or seen some selling action. The amount that it will go back up is up to you as a trader to understand when looking at each stock.
1. A "Ready" line is given when a possible reversal starts to show
2. A "Set" line means that the reversal is getting near the point of being confirmed
3. The "GO" line appears when the price has come back into an uptrend, if even just for the time being