Trend Reversal Detector
- Utilitaires
- Alexandru Cojocari
- Version: 1.2
- Mise à jour: 13 mai 2024
- Activations: 5
Trend Reversal Detector
This tool enhances your trading strategy by integrating data from three different timeframes, analyzing three selected instruments, and processing with three essential indicators.
Key Features:
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Triple Timeframe Analysis: By simultaneously evaluating three different timeframes, our utility provides a comprehensive view of market dynamics, allowing you to make informed trading decisions.
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Triad of Instruments: Select and monitor three instruments of your choice, enabling you to diversify your portfolio and capitalize on various market opportunities. Opt for a cross instrument (for ex. GBPNZD = GBPUSD/NZDUSD = GBPCAD/NZDCAD and etc.) and track the behavior of the cross instrument with greater precision. This approach allows for a deeper understanding of intermarket relationships and can provide valuable insights into potential trend reversals and trading opportunities.
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Triple Indicator Integration: Harness the power of three essential indicators - ZigZag, Heiken Ashi, and Fractals - carefully chosen to offer precise insights into market trends, volatility, and potential entry/exit points. These indicators, known for their accuracy and reliability, enhance your analysis and provide a solid foundation for making well-informed trading decisions.
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Custom Template Creation: The main feature of our utility lies in its ability to create custom templates of indicator values across different timeframes. Tailor your analysis to fit your trading strategy by defining your own indicator settings and criteria.
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Historical and Real-time Market Scanning: Scan the market both historically and in real-time to identify patterns and signals based on your custom templates. Receive notifications whenever your predefined template is matched, ensuring you never miss a trading opportunity.
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Bar-by-Bar Calculation: Our utility calculates all relevant values for each bar across the smallest of the three chosen timeframes, ensuring precision and accuracy in your analysis.
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No Repainting with Opening Price: Our utility utilizes the opening price of the bar, ensuring no repainting and maintaining consistency between historical data and real-time information. This feature provides you with reliable analysis and eliminates any discrepancies, allowing for confident trading decisions based on accurate data.
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User-Friendly Interface: Intuitive and easy-to-use interface makes navigating through different parameters and settings a breeze, even for novice traders.
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Compatibility: Compatible with MetaTrader 4 and MetaTrader 5 platforms, ensuring seamless integration into your trading environment.
How It Works:
Simply install the utility on your MetaTrader platform and configure your desired parameters - select the three timeframes, instruments, and indicators you want to analyze. Define your custom templates for indicator values and set up alerts for real-time scanning. The utility will then perform real-time calculations, presenting you with valuable insights and alerting you whenever your predefined template is matched.
Functions of the buttons:
Symbol Name: can select any Symbol form market watch
Indicator name: can select one of the 3 predefinde indicators (Fractals, Heiken Ashi and Zigzag)
L: Draw/Delete a Line for scaner over the history
Arrow Left/Right - to moove Scanner Line left/right for a 1 bar of a 3-rd timframe (from 3 selected timframe)
Alert/Push/Mail - Turns On/Off the coresponding alert type
Arrows of the left and right templates: select the desired direction of the coresponding Symbol, Timeframe and Indicator.