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Search for a reversal

Forex indicator "Search for a reversal" is a technical tool designed for traders involved in scalping in the Forex currency market. Scalping is a trading strategy that aims to make small profits from frequent trades on short-term time frames. The "Search for a reversal" indicator helps traders identify the best entry and exit points in the market, taking into account short-term trends and price fluctuations.

The main purpose of the "Search for a reversal" indicator is to provide traders with the most accurate signals for making successful transactions in the Forex market. To do this, the indicator analyzes and interprets data on price changes and trading volumes using various mathematical algorithms and statistical methods. The output of the indicator is graphical indicators and numerical values that help traders make decisions about entering or exiting the market.

The main features and capabilities of the "Search for a reversal" indicator include:
  • Graphical Indicators: The "Search for a reversal" indicator provides traders with various graphical indicators such as trend lines, entry and exit points, buy and sell signals, and others. These indicators help traders visually track trends and make decisions based on the data they receive.
  • Numeric Values: The "Search for a reversal" indicator also provides traders with numeric values that are displayed on the price action chart. These values may include average price, volatility, relative market strength, and other metrics that help traders make informed market entry and exit decisions.
  • Time Frames: The "Search for a reversal" indicator allows traders to select different time frames for market analysis. This allows traders to tailor the indicator to suit their needs and trading strategies.
  • Automatic signal detection: The "Search for a reversal" indicator is equipped with algorithms that automatically identify buy and sell signals based on the analysis of price data. This allows traders to save time and energy on manual market research and provides a faster response to changing market conditions.
  • Parameter Adjustment: The "Search for a reversal" indicator allows traders to adjust the analysis parameters according to their preferences and trading strategies. This gives traders more flexibility and control over the market analysis process.

The "Search for a reversal" indicator is a powerful tool for Forex scalping traders.


Indicator settings:
  • Search - the amplitude of the wave analysis, to determine the entry points to the market.
  • period_signal - period for calculating pivot points.
  • UpperBorder - the upper border of the channel, to determine if it is overbought.
  • LowerBorder - the lower border of the channel, to determine if it is oversold.
  • width - the size of the arrows.
  • bars - the number of bars on which the indicator will be displayed.


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Indikatoren
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