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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.

Avis 2
lauro1956
4476
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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4.71 (14)
The Volume by Price Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Session filtering and grouping. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Graphical layering, positioning and styling options to suit the user's analytic and aesthetic n
Currency Strength Exotics
Bernhard Schweigert
4.88 (33)
ACTUELLEMENT 20% DE RÉDUCTION ! La meilleure solution pour tout débutant ou trader expert ! Cet indicateur est spécialisé pour montrer la force de la devise pour tous les symboles comme les paires exotiques, les matières premières, les indices ou les contrats à terme. C'est le premier de son genre, n'importe quel symbole peut être ajouté à la 9ème ligne pour montrer la force réelle de la devise de l'or, l'argent, le pétrole, DAX, US30, MXN, TRY, CNH etc. Il s'agit d'un outil de trading uniq
Présentation de l'indicateur astronomique pour MT4 : Votre compagnon de trading céleste ultime Êtes-vous prêt à élever votre expérience de trading à des hauteurs célestes ? Ne cherchez pas plus loin que notre indicateur astronomique révolutionnaire pour MT4. Cet outil innovant transcende les indicateurs de trading traditionnels en exploitant des algorithmes complexes pour vous fournir des aperçus astronomiques inégalés et des calculs de précision. Un univers d'informations à portée de main : Con
REMINDER: Early buyers hot price discount: Price subject to rise after first 20 copies. Starting price $65 and final price will be $1275. Secure your discounted copy Now! Smart Money Analyser Indicator User Manual 1. Introduction Welcome to the   Smart Money Analyser Indicator This powerful tool provides traders with comprehensive market analysis by combining various technical indicators to generate actionable trading signals. Designed to be user-friendly, this indicator helps traders of a
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!   The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the oppo
Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
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Filtrer:
lauro1956
4476
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
1454
Réponse du développeur Shiffolika Kapila 2023.01.06 07:44
Thanks For The appreciation
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