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Cosmic Diviner Reversal Zone Lite

3.6

This multicurrency indicator is the Lite version of the Cosmic Diviner Reversal Zone Pro indicator. The indicator is based on original formulas for analyzing the volatility and price movement strength. This allows determining the overbought and oversold states of instruments with great flexibility, as well as setting custom levels for opening buy or sell orders when the overbought or oversold values of the instruments reach a user-defined percentage.

A huge advantage of Reversal Zone Lite is the REVERSAL ZONE SIDE PANEL, where the user can see the actual information on the overbought and oversold values of the trading instruments, manually set their levels as a percentage to determine the potential market entry points. Users can also specify an additional timeframe. In this case, the information diagram will show the data from two trading periods t the same time. The indicator is equipped with pop-up alerts. If this function is activated, the indicator generates a dialog box with information and overbought/oversold values of the trading instruments. The color scheme of the indicator can be customized using the convenient color palette settings in the "Visualization" tab of the indicator properties window.


Features of strategy

A trade signal is generated when REVERSAL ZONE SIDE PANEL crosses the overbought/oversold levels (marked with yellow lines). When the indicator bands move upwards and cross the marked zone, it means that the market is in the overbought zone. When the indicator bands move downwards and cross the marked zone, it means that the market is in the oversold zone.

  • Recommendation to sell - the REVERSAL ZONE SIDE PANEL diagram is colored red, overbought signal.
  • Recommendation to buy - the REVERSAL ZONE SIDE PANEL diagram is colored green, oversold signal.


Indicator Parameters

  • Entry Level - entry level.
  • Alert - alerts.
  • Enable additional time frame - enable the additional timeframe.
  • Additional time frame - additional timeframe.
  • Color additional time frame - color of the additional timeframe.
  • Width of indicator, Pixel - indicator size in pixels.
Reviews 5
Fallet Willy
2716
Fallet Willy 2019.04.21 08:35 
 

nice

-dimitror-
1117
-dimitror- 2018.08.20 22:50 
 

Very good and useful indicator. Thank you.

Bvankrie
34
Bvankrie 2018.08.06 20:02 
 

I bought the reversal zone lite, works as expected and described with good ratio winning signals.

Satisfied with the support..

Keep up the good work and keep those indicators coming.

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This is a multi-currency author strategy, designed for trading on the M1, M5, M15, М30, Н1, Н4. Entry points are calculated using custom formulas and algorithms that allow you to effectively determine current trend in the market, obtain the entry points (buy/sell) and the optimal levels to close orders. The Cosmic Diviner Scalper System indicator can be used on any Forex pairs. The detailed guide on how to use the indicator is provided in the blog: https://www.mql5.com/en/blogs/post/719602 A hug
Cosmic Diviner X Planet
Olena Kondratenko
4 (2)
This unique multi-currency strategy simultaneously determines the strength of trends and market entry points, visualizing this using histograms on the chart. The indicator is optimally adapted for trading on the timeframes М5, М15, М30, Н1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (TP1, TP2 with text labels) and the recommended Stop Loss level. The take profit levels (TP1, TP2) are automatically calculated for
This unique multi-currency strategy simultaneously determines the end of the trend, entry points and the expected take profit levels for each trade. The indicator can determine entry points on any trading period from M1 to D1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (Fast Take Profit, Middle Take Profit, Main Take Profit, Global Take Profit) and the Stop Loss level. The detailed guide on how to use the indicato
Cosmic Diviner Skyline Levels is an author's indicator of support and resistance levels, displays strong trading levels in the order of their importance, provides recommended entry points for Buy and Sell. The indicator is equipped with filters to read current trends and displays the signals for Buy and Sell on two strategies - the strategy of trading in the direction of the trend and the strategy of trading on trend reversals. The displayed levels of support and resistance are at the same time
Universal author's strategy, allows to determine the entry points for Buy and Sell both in the direction of the trend, on the reversals of trends and in the flat market. The indicator is equipped with a unique scanner which each tick analyzes the price chart, calculates optimal levels and patterns for finding entry points by one of the 3 strategies. Each of the strategies combines author formulas and algorithms, for optimal trading we recommend using 3 strategies simultaneously as they are compl
Strong Scalper Pro by LataLab - scalper Expert Advisor is based on the author's formulas for analyzing volatility and the strength of price movement. This allows the flexibility to determine global and local trends in the market and their correction, to obtain the most accurate entry points. All of the basic algorithms of the adviser have passed multiple tests on historical data over the past 10 years, the principle of operation is maximally adapted to the dynamics and volatility of today's mark
Great news from today you can test indicator within1 week absolutley for free! FREE version of indicator  https://www.mql5.com/en/market/product/41465 We present you an indicator - Insider Scalper by LATAlab developed by the LATAlab team, that allows you to bring scalping trading to a whole new level of quality! With our strategy you can: Insider Scalper by LATAlab displays a hidden tick chart that is not available in the basic tools of the terminal. Automatically detects and draws strong level
Insider Trading Panel was developed by LATAlab specialists for the most effective scalping paired with the indicator Insider Scalper. All ditails about trading in blog  https://www.mql5.com/en/blogs/post/728853 The panel is also suitable for independent trading with any other indicators. Using the panel, you can quickly set: Take Profit and Stop Loss in pips, lot size. Open orders using the panel buttons. Track profit information of transactions Buy and Sell separately. Close transactions Buy Se
A unique multicurrency and multi-timeframe strategy developed by a team of LATAlab specialists. Strategy Profit Creator by LATAlab has been tested and verified by our team. This will allow you to earn maximum profit comfortably and efficiently. Strategy features Profit Creator by LATAlab never redraws. Works on any trading symbol. Time frame - from M1 to MN. Automatically detects Buy, Sell, Take Profit, Stop Loss levels. The indicator is equipped with a convenient information panel in which all
Infinity Profit Scalper PRO a fully automated scalper adviser using a sophisticated algorithm for price breakdown at key price levels and a formula for calculating the price speed for the most accurate entry points into the market. Each market entry point is analyzed by an advanced selection algorithm. After identifying the optimal entry price, the advisor places a pending order, this allows you to open a transaction at the best price. Further orders are accompanied by an smart trailing stop. T
The Next Generation Scalper is a new generation fully automatic scalping Expert Adviser. In addition to the classic trailing stops visible to brokers, the adviser uses several more smart trailing stops that are hidden for the broker. In the expert information table, it is possible to track low-quality brokers with the help of slippage analysis, using these tools you can get the best trading results. Each market entry point is analyzed by an advanced selection algorithm. After determining the op
Turn by LATA lab
Olena Kondratenko
Do you want to trade quickly, easily and get daily profit? Then our new indicator was created just for you! TURN is an author multi currency strategy that simultaneously determines the end of a trend, entry points and estimated profit levels for each transaction. The indicator can determine entry points in any trading period, starting from the chart M5 to W1. At the same time, for the convenience of the user, the entry point in the form of an arrow is always drawn at a certain point and the rec
Net Spider
Olena Kondratenko
The Expert Advisor advantages: Opening the first order is designed to close by Take Profit, that is, the strategy uses the grid only to increase profit and reduce loss! Hurry to buy an adviser Net Spider in the first 2 days, super price only 199$  Watch a detailed video working with our expert   Revised loss behavior strategy. Now the client  limits the loss himself. Exactly the amount he wants, we recommend setting  not bigger half the deposit, That is the maximum that we recommend. Principle o
Energy Scalper
Olena Kondratenko
Energy Scalper   Energy a fully automated scalper adviser using a sophisticated author's algorithm for price breakdown at key price levels and a formula for calculating the price speed for the most accurate entry points into the market. Each market entry point is analyzed by an advanced selection algorithm. Attention at the request of our customers first 3 days the price will be $399 !!! Then the expert price will be $1000! Hurry to buy at a discount 50% After identifying the optimal entry price
Are you tired of tester grail and price action experts who earn only in the strategy tester? You don't want to use strategies with grid, averaging and martingale? Tired of the endlessly hanging non-closed positions that can blow up your trading account at any time? Especially for you, the LATAlab team has developed a unique trading expert INTRADAY PROFIT MT5! We present you the author’s intraday trading strategy. For a trading expert, formulas were developed for calculating volatility, trend
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Vladimir Gerasymchuk
665
Vladimir Gerasymchuk 2022.11.10 23:06 
 

Don't recommend

8601567
779
8601567 2019.06.17 20:00 
 

In theory, the indicator has potential and I like how it displays two timeframes. But like most indicators, its best information is put out "after" the fact. And I don't see how it helps with a reversal. Also, it has a problem sitting still. It jumps from the right side of the screen to the right center, causing it to cover up the candles. Probably a 2 and a 1/2 star for me, but since that is not offered, I gave a 2

Fallet Willy
2716
Fallet Willy 2019.04.21 08:35 
 

nice

-dimitror-
1117
-dimitror- 2018.08.20 22:50 
 

Very good and useful indicator. Thank you.

Bvankrie
34
Bvankrie 2018.08.06 20:02 
 

I bought the reversal zone lite, works as expected and described with good ratio winning signals.

Satisfied with the support..

Keep up the good work and keep those indicators coming.

Reply to review
Version 1.10 2018.08.16
Optimized settings.