Price Reversion Indicator based on MA shows trend reversals. The indicator algorithm provides highly reliable entry points, and its simple settings allow using it for any symbol and trading style. Signals are generated at the opening of a bar and are not redrawn.
Prima analyzes the relative movement of two moving averages (fast and slow) with respect to the price, and determines the moments when the next movement will cause the reversal of the two MAs with a high probability. These points are...
Another Relation displays the relative movement of the other symbols (up to 5) in a separate chart window. The indicator works currency pairs, indices and other quotes. Another Relation allows to visually estimate the symbol correlation and their relative amplitude. Thus, the trader is able to compare the movement of the current instrument to others, identify correlations, delays and make decisions based on their general movement.
This is the demo version of the indicator meant only for D1...