Reverse indicator

[omo oyeneye]

Hello traders

Is there any indicator that would give a signal before the trend start going the other direction 

For example 

If it has been a bullish market and then the market will soon go otherwise, that is start a bearish trend, is there any indicator that would signal and indicate such reversal before hand 

Atleast it will tell that the market will SOON reverse and it will be mt5 indicator 

Thank you 

[Sergey Golubev]

Indicators is telling about past events/signals (which were happened 1 day ago, or 1 min ago, or 1 sec ago, ...).

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This is some general information about reverse -

Forum on trading, automated trading systems and testing trading strategies

Signal Systems

Sergey Golubev, 2013.03.01 12:11

It is the filter. To filter false signals. Look at this post How to Start with Metatrader 5 for the idea and link to indicator to download (for MT4 sorry). I was using this indicator with live trading for the long time but it was many years ago so I just want to remind it to myself (and to convert it to MT5 for example).

NRTR is Nick Rypock Trailing Reverse and this idea was created in 2001:

NRTR indicator is standard filter for asctrend system (to filter false asctrend signals/dots).

Nick Rypock Trailing Reverse ( NRTR )

The forum

• Key thread 
• Basic explanation/the theory - the post
• Second version of AscTrend system - asctrend indicator together with NRTR indicator
• NRTR_color_line indicator for MT5 - the post 
• First version of AsctrendND EA - This EA use  Asctrend indicator as main signal and Nrtr indicator as filter:
  - How to install. 
  - optimization results for M15 timeframe for EURUSD, GBPUSD, USDCHF and USDJPY; 
  - backtesting results and settings for EURUSD M15 timeframe;
  - optimization results for this EA for EURUSD H4 using Balance + max Sharpe ration; 
  - backtesting results with the settings 'Balance + Sharpe ratio', EURUSD H4;
  - optimization results of this EA with EURUSD M15 timeframe;
  - backtesting and the settings for EURUSD M15 with max Sharpe ratio;
  - this is the other settings which may be some preliminary settings for martingale version;
  - the other optimization results for GBPUSD M15 
• The second version of AsctrendND EA (verion 1.02) with  TrendStrength filter added. Verion 1.02 with TrendStrength filter added. You can filter by NTRT AND/OR TrendStrength.
  - optimization results for EURUSD M15 (for 1 year), every tick, slow complete ..., for Balance max; 
  - results for backtesting and the settings for EURUSD M15 timeframe, for one year with 2 indicators as the filters: NRTR Color Line and TrendStrength; 
  - optimization results for GBPUSD M15 for 1 year - the results and set file are attached; 
  - backtesting results and the settings for GBPUSD M15; 
  - optimization results for one year for EURUSD H1 timeframe with Balance + max Sharpe ratio; 
  - backtesting results with the settings for this EURUSD H1 with Balance + max Sharpe. 

CodeBase

• NRTR - indicator for MetaTrader 5
• NRTR (Nick Rypock Trailing Reverse) - indicator for MetaTrader 4
• NRTR WATR - indicator for MetaTrader 4
• NRTR GATOR - indicator for MetaTrader 5
• X2MA NRTR - indicator for MetaTrader 5
• NRTR - indicator for MetaTrader 5
• NRTR GATOR - indicator for MetaTrader 4
• NRTR - indicator for MetaTrader 4
• Stalin_NRTR - indicator for MetaTrader 5
• NRTR Color Line - indicator for MetaTrader 5
• NRTR Rosh v2 - indicator for MetaTrader 5
• more in search here

The articles

• How to Create Your Own Trailing Stop 
• 20 Trade Signals in MQL5 
• Several Ways of Finding a Trend in MQL5 
• The NRTR indicator and trading modules based on NRTR for the MQL5 Wizard

The blogs

• Nick Rypock Trailing Reverse, Asctrend System, HowTo Trade and Free to Downloads 
• ASCTREND SYSTEM - Free To Downloads, Trading Results, New Tools and Discussion 

The market

• many in search here