Why I do not like a trend reversal? It involves the use of a short S/L, which is often triggered. So I prefer a more reliable reversal. For this, I wrote Correct Entry indicator. It shows the entry point when the price has a high probability to terminate its current movement. It is the most easy to use and displays the chart arrow. The stories are not redrawn. Perhaps the appearance and disappearance of the signal only in the emerging candle, because the current price is considered to be the closing price. For effective trade I sometimes use averaging. My favorite timeframes are M1 and M5.
The indicator has only one adjustable parameter, which characterizes the input accuracy - Сorrectness. It varies from 1 to 25 (default 20). Reducing parameter leads to an increase of entry points. But their accuracy is reduced. There is also the possibility of forming the alert, send E-mail, Push-messages on the smartphone. The indicator has a free Demo version.