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Views:: 32476
Rating:: (19)
Published:: 2015.07.13 09:22
Updated:: 2016.11.22 07:32

reversalnavi.mq4 (8.01 KB) view

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This indicator shows the entry point coming after the reversal bar.

I wanted to see a lot more of the entry point. So, I made this. Please use in combination with a filter (ADX, BSI, etc.).

Display:

blue/red mark — shows that the reversal has occurred;
blue/red arrow — reversal bar;
blue/red lines — shows the middle of the range, which was created after the reversal bar.

Separate window is Bounce Strength Indicator(BSI).

Reversal Swing Indicator

Bounce Strength Indicator

Bounce Strength Indicator (BSI) shows the strength of bounce. Inspired by the Wyckoff method.

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This indicator is a sharp turn to the dynamic change of direction. Like tango steps!

Reversal Navi - indicator for MetaTrader 4