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CounterTrend 4

The indicator shows buy and sell signals. 

The "CounterTrend 4" is designed to recognize profitable counter trend patterns from your chart.

Features:

The CounterTrend 4 is a Counter-Trend Trading with Simple Range Exhaustion System.

Signals based on the daily trading range.

The indicator calculates the trading range for the last few days and compare the price movements on short time intervals and generating short term reversal points. 

This is a leading indicator.

It works on any instruments.

Time Frames: M1/ M5/ M15/ M30 / H1 / H4 

How to trade with CounterTrend 4

The trading signals of CounterTrend 4 System are clear and easy to trade! The indicator is useful for beginners as well as professional traders.

As soon as the new candle opens and the indicator draws an arrow, it means there is an opportunity that the market will reverse the direction. So a trader can act immediately.

This indicator does not repaint and never changes signals in the history. 

The indicator does not wait on the reaction of a new candle, but shows the signal (arrow) immediately on the opening of candles

The CounterTrend 4 indicator is used to trigger counter trend trades.

MetaTrader 5 Version

https://www.mql5.com/en/market/product/50812

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In today’s market, an objective counter trend technique might be a trader’s most valuable asset. Most of the traders in the financial market must be familiar with the name "TD Sequential" and "Range Exhaustion". The Sequential R is a Counter-Trend Trading with Simple Range Exhaustion System. Sequential R is useful to identify trend exhaustion points and keep you one step ahead of the trend-following crowd. The "Sequential R" is designed to recognize profitable counter trend patterns from your ch
The Bollinger R (Bollinger Reversals) is designed to recognize short term high profitable counter trend patterns from the chart. This system combines both Bollinger Bands and mean reversion to define positions where the market could potentially reverse direction. This is the MT5 version of Bollinger R Description Bollinger Bands are well known in the trading community. I have added the concepts mean reversion and "distance between Price and a Moving Average" to help confirm and trade the “bounce
Stochastic R
Antony Augustine
Stochastic  Reversal  allows you to recognize reversals professionally. Stochastic Indicator: This technical indicator was developed by George Lane more than 50 years ago. The reason why this indicator survived for so many years is because it continues to show consistent signals even in these current times. The Stochastic indicator is a momentum indicator that shows you how strong or weak the current trend is. It helps you identify overbought and oversold market conditions within a trend.  Rules
CounterTrend 5
Antony Augustine
The indicator shows buy and sell signals.  The " CounterTrend 5 " is designed to recognize profitable counter trend patterns from your chart. Features: The CounterTrend 5 is a Counter-Trend Trading with Simple Range Exhaustion System. Signals based on the daily trading range. The indicator calculates the trading range for the last few days and compare the price movements on short time intervals and generating short term reversal points.  This is a leading indicator. It works on any instruments.
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Version 1.2 2023.08.10
Upgraded code to the new version of MetaEditer.
Version 1.1 2020.06.11
Code optimized