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Advanced reversal system RRR 1 to 5

The indicator shows entry points with Risk-Reward-Ratio 1 to 5. Main timeframe H1. Works on every pair. The main logic - is to find a reversal level, and then track the price reaction to this level. Doesn't need any settings. As a standard, it paint 5 levels of the same take-profit (red / blue for sellers and buys) and 1 stop-loss level - orange.

ATTENTION! The full version of indicator. You can test full work of indicator free only on the USDCAD pair here https://www.mql5.com/en/market/product/42903


Indicators algorithm:

1) first looks for oblique mirrors (oblique mirror levels).

2) from the mirror level draw the entry level at a certain distance from the price.

3) waits for the moment until the price touch to this level.

4) depending on how the price approached the level - touched it or break it, the indicator makes recommendations to buy for a reversal or sell to continue the movement after a retest.


Indicator settings for H1:

  • sell_color- color of sell levels and arrows
  • buy_color - color of buy levels and arrows
  • Max history - how deep to go through history (300 bars by default)
  • TP count - how many to draw the same take-profit (5 by default)
  • Entry point wait bars - how many bars to draw the reversal level (300 bars by default)
  • Show angle mirrors - show oblique mirrors (oblique mirror levels)
  • Show arrows - show entry arrows
  • Show alerts - show alerts
  • Send alerts and push messages - send alerts and push messages



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Indicadores
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Thise indicator is up down v6  comes with tradingwiev pinescript. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that
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