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Reversal Area Indicator

5

REVERSAL AREA INDICATOR 


This Indicator will generate signals on top and bottom of the swings .



It will check for some support and resistance found and generate the signals at such areas.
There is high probability of the price moving in favorable directions as they are signals when there is support and resistance .
The advantage is that the entries will have small stop loss and high risk to reward ratios as they are near tops and bottoms.
1.       This is an indicator that will provide logical entries,
2.       Its all parameters for signals can be set as per required style of trading
3.       The System Is well Optimized for 1 Minute charts and 5 Minute charts , where very few signals come , but can be used on any time frames 
4.       It is based on Levels as filter so The ENTRIES ARE BACKED BY ROBUST LEVELS.
5.      Can provide very less signals even on highly volatile days 
6.       Very Good REENTRY MECHANISM - for REENTRY SIGNALS AT TREND DIRECTION

INPUTS 

ENTRY SETTING PARAMETERS
EntryAlerts = true
KPeriod = 21; 
DPeriod = 12;
Slowing = 3;
method = 0;
price = 0;
äëÿ_WPR = "";
ExtWPRPeriod = 14;
ZoneHighPer = 70.0;
ZoneLowPer = 30.0;
modeone = false;( BAR CLOSE  )
PlaySoundBuy = true;
PlaySoundSell = true;
FileSoundBuy = "analyze buy";
FileSoundSell = "analyze sell";   
ZONE SETTINGS;
BackLimit - default is 10 000. Check the past bars for formations.
Time Frame - M15 (default is 15 min).timeframe for the zone. 
M1 to Month
ZONES_COLOR;
color_support_possible - DarkSlateGray.
color_support_untested -  SeaGreen.
color_support_verified -  Green.
color_support_weak -  LimeGreen.
color_support_turncoat -  OliveDrab.
color_resist_possible -  Indigo.
color_resist_untested -  Orchid.
color_resist_verified -  Crimson.
color_resist_weak -  is Red.
color_resist_turncoat -  DarkOrange.
color_broken_weak -  DarkGray.
color_broken_verified -  Gray.
color_broken_other - DimGray.
ShowRectangle=true ( the zone boxes of support and resistances )
SHOW_ZONES; ( AS PER SELECTION OF THE ZONE QUALITY - THE SIGNAL WILL BE SHOWING AS PER THAT )
zone_show_untested -  false.
zone_show_verified -  true.
zone_show_turncoat -  true.
zone_show_weak -  false.
zone_show_possible -  true.
zone_showbroken -  false.
ZONE_FRACTALS;
zone_fuzzfactor - default is 0.5.
STYLE_ZONES;
zone_merge -  true. The zones get merged.
zone_extend - false. The zones will extend to the latest bars.
zone_solid -  true. Fills the color.
zone_linewidth -  1. Zone thick.
zone_style -  0.  zone areas.
extend the end of zones 3 bars beyond last bar -  3.
zone_limit -  1000.  the zone extended limit.
zone_show_info -  true. Zone statistics.
zone_show_size -  true. Zone Size.
zone_label_shift -  3.  text info labels.
color_label - White. Label color.
font_label -  Courier New. Label font.
size_label -  9. Label size.
fractals_show - default is false. True 
fractal_fast_factor - default is 3.0.
fractal_slow_factor - default is 6.0.
ZONE_ALERTS;
 
zone_show_alerts -  true.
zone_alert_popups -  true.
zone_alert_sounds -  true.
send_email -  false.
use_push -  false.
zone_alert_waitseconds -  300. Delay set between alerts repeats.
ZONE_ALERTS_FILTER;
filter_zone_alert - true.  apply the filters to the alerts.
filter_MA -  true.  apply the filter.
TF_MA -  60.  timeframe for filtering the alerts.
MA_FAST_PERIOD -  13. Period used for the filter.
MA_FAST_METHOD -  1. like SMA, EMA, WMA.
MA_SLOW_PERIOD - 48. filter Period.
MA_SLOW_METHOD -  1.


ZONES_GLOBAL_VAR;
SetGlobals -  false. 
ZONES_TESTING_MODE = "==========ZONES TESTING==========";
TRUE == scrolling the chart back Displays PAST zones= false.
Show button to switch Testing mode false - 
Position of this button = 10.
TestingBtnY = 120.

Bewertungen 2
lauro1956
4842
lauro1956 2023.12.22 09:27 
 

Very reliable reversal indicator... few signals but good

Juan Feliciano
1722
Juan Feliciano 2023.01.06 03:16 
 

Reliable indicator. Good author communication

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Mohamed Ahmed Sh Muhumed
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4.8 (20)
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Yury Orlov
4.62 (175)
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This indicator is based on the Gann Signal indicator and acts as a market scanner. All you need to do is fill in the selected currency pairs in the settings and that’s it. Next, the indicator itself will view all these currency pairs and time frames from M5 to D1 simultaneously. When a new signal appears, the indicator will give you an Alert and also draw the letter N where this new signal will be.
PTS Precision Index Oscillator V2
PrecisionTradingSystems
5 (1)
Der Precision Index Oscillator (Pi-Osc) von Roger Medcalf von Precision Trading Systems Version 2 wurde sorgfältig neu codiert, um extrem schnell auf Ihrem Chart geladen zu werden, und es wurden einige andere technische Verbesserungen eingearbeitet, um die Erfahrung zu verbessern. Pi-Osc wurde entwickelt, um genaue Handelstimingsignale bereitzustellen, die darauf abzielen, extreme Erschöpfungspunkte zu finden, an die die Märkte gezwungen werden, um einfach die Stops aller herauszunehmen.
Quantum Breakout Indicator PRO
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4.96 (25)
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5 (1)
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Auswahl:
lauro1956
4842
lauro1956 2023.12.22 09:27 
 

Very reliable reversal indicator... few signals but good

Juan Feliciano
1722
Juan Feliciano 2023.01.06 03:16 
 

Reliable indicator. Good author communication

Shiffolika Kapila
1458
Antwort vom Entwickler Shiffolika Kapila 2023.01.06 07:44
Thanks For The appreciation
Antwort auf eine Rezension