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Reversal Trend

Arrows appear after Reversal-Pattern and when the confirmation-candle reaches its value, it won't disappear (no repaint).

  • but with fix settings
  • no additional settings necessary
  • Entry: immediately after arrow
  • Stop loss: a few pips above the high of the arrow - candle / below the low of the arrow - candle
  • Take Profit: at least the next candle / move to break even after candle closed / trail the SL
  • works on: Major Forex-pairs / M15 and higher time-frames

The Value of the  confirmation-candle => 20% of ATR20 from current time-frame;


Input parameters

  • Bars to process - the number of periods of the chart, that are involved, if you use a M15 chart, one day only - 200 should be enough
  • Time-Filter - (Broker-Time)
  • Hour to Start - select working-hours, let's get Reversal-Patterns to the right time, avoid weak trading hours, like the Asian session
  • Hour to Endselect the end of working-hours
  • Alert - to get the alert on your screen
  • Email - "Tools, Options, Email" has to be enabled
  • Push Notification - for alerts on your Smartphone - APP
    • brief Comment = "example" - change "example" in what you like, it will come with the alert as additional info
    • Email Header = "MT4 Reversal Trend Activity" - change in what you like, it will come with the alert as Header
  • Trend - Settings
    • custom Settingsuse the three moving averages for the trend-direction, the arrows will appear in trend-direction only
    • custom Settings inversearrows against the trend only, looking for real trend-changes
    • pre-defined Trend   8, 13, 36 ema - example-settings
  • MA I / MA II / MA III - for  custom Settings
  • MA Mode I / MA Mode II / MA Mode III  - for  custom Settings
  • include Engulfing Patterninstead of the reversal pattern, an engulfing pattern is used, the confirmation candle continues to hold
  • Momentum - Momentum off  |  medium Momentum  |  strong Momentum
    • the Reversal-Trend-Indicator comes with medium Momentum-settings, these settings show good results, but if you want all signals without any Momentum or maybe you are lookíng for a Reversal-Pattern with stronger Momentum - you've got the choice
  • Reversal-Pattern plus ATR in % = 20 - this is the ATR value - the price that has to move until the arrow or alert follows
  • Arrow Style - a various of arrow-styles, also Smiley, Envelope, Phone
    • no joke, if you set up the Reversal-Trend-Indicator for Email-Info only, mark ist with an Envelope-Symbole in the chart, and the same for a Push-Notification only with a Phone-Symbole
  • Arrow Position - distance between candle and arrow

Nevertheless, there is always a risk, the pattern is just a chance of a reverse, only a chance, please do not forget this, at least watch the upper time-frames, the last 10 arrows of replicability, and calculate your risk carefully.


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Georgios Kalomoiropoulos
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Alexey Minkov
4.48 (27)
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Claus Dietrich
3 (1)
BREAKOUT-SESSION-BOX ASIA LONDON/EU US watch the expectation of a volatile movement above or under the opening range We take the high of the range as Entry for a long trade and SL will be the low of the range and vs. the low of the range as Entry for a short trade and the high for SL The size of the range is the distance to the TP (Take Profit) The range of the opening hours should not be larger than about 1/3 of the average daily range 3 breakout examples are already predefined: Asia, London/E
FREE
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Claus Dietrich
4.33 (30)
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FREE
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Claus Dietrich
4.33 (9)
COLORED TREND MA / MACD CANDLES draw MA Candles above/below Moving Average in a single color draw MA as a leading Line like a Supertrend draw MA as a Channel => MA High and Low draw MACD Candles above and below 0 and Signal-Line Your  Advantage: a simple view of the trend direction a simple view over the higher trend direction a calmer chart for the eye clear rules can be defined Settings: Bars to process : 6000 is my default, this value is up to you Value Quick-Set : pre-Settings MACD 12 / 26
FREE
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Claus Dietrich
5 (4)
true Momentum - time-based Indicator it will inform about Momentum, a strong impulse in the appropriate direction it's based on a self-developed candle Pattern, in relation to the ATR (Average True Range) Quick Start : the indicator is ready to use choose your personal times to trade try an indicator-preset or use an additional indicator, below the pro-settings Filter Hours Weekdays  Moving Averages Correlation Instruments - Moving Averages MACD RSI ADX PSAR Stochastic Bollinger Bands Keltne
Parabolic SAR plus
Claus Dietrich
5 (1)
Parabolic SAR plus is a simple indicator that lets you know when the Parabolic-Sar might turn its direction. For long-term-trends activate an moving average and set a trend-value in these indicator Notice comes via screen-alert, email and notification Filter MA, MA-Channel (high / low) Alerts alert, push-notification, arrows, send email Advantages Signal after close, no repaint, no cross-over signal best Timeframes: H1 all Major-Forex-Pairs Send custom email header Important rule Look for an ins
Optimized for Asia- London- US- Open-Session  the best Features from MOMENTUM-SOLO true Momentum - time-based Indicator it's based on a self-developed candle Pattern, in relation to the ATR Filter Daytime Weekdays Moving Averages Keltner-Channel Advantages Optimized for Asia- London- US- Open-Session choose your personal times to trade - select Daytime and Weekdays Keltner-Channel => to reduce market noise - sideways movement will be hidden 3x Moving Averages => for the Trend Sig
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Versione 24.4 2024.04.16
🕗 filter by => Minutes
🕗 filter by => Weekdays
📌 added pre-setting => 6, 144 ssma
✔️ bug fixed => „Confirmation Candle" will be calculated correctly now
✔️ bug fixed => timeframe correction - signals will appear now in W1 as well
Versione 22.3 2022.02.25
📌 added -include Engulfing Pattern-
✔️ instead of the reversal pattern, an engulfing pattern is used, the confirmation candle continues to hold
Versione 22.2 2022.01.30
✔️ the Reversal-Trend-Indicator comes with medium Momentum-settings, these settings show good results, but if you want all signals without any Momentum or maybe you are lookíng for a Reversal-Pattern with stronger Momentum - you've got the choice now
Versione 22.1 2022.01.29
🕗 added Time-filter
◽ select working-hours
◽ let's get Reversal-Patterns to the right time, avoid weak trading hours, like the Asian session
 
✔️ added additional arrow styles
✔️ added time zones menu: time zones can now be displayed horizontally and vertically
😀 optimized menu view
Versione 20.7 2020.07.05
trend menu set, no fixed trend anymore
- custom Settings
- inverse Trend
- trend 8, 13, 36 ema
code revised