• Overview
  • Reviews (2)
  • Comments (78)
  • What's new

FxGlow Reversal Edge

This unique indicator detects reversal signals using price action and volume algorithm. It has also the ability to predict reversal power using the probability of past price movement and past volume analyzed.


Expectations

To achieve more accurate trading, please use this tool in addition or support to the system you are using. This tool will perform better if combined to the right strategy.


Combination

To further boost the efficiency of this tool, you can combine this to FxGlow Zone Barrier

You can check the strategy on this video link https://youtu.be/QhP59H2yKCo

Trade Reversals in the direction of trend by combining to FxGlow Force Factor

You can check the strategy on this video link https://youtu.be/Rh07nTKhALE


Key features

  • Predicts reversal
  • Predicts power of reversal move
  • DOES NOT Repaint
  • DOES NOT Recalculate
  • Signals on OPEN/Beginning of bar
  • Works in ALL pairs
  • Works in ALL timeframes
  • Can be used for Expert Advisors
  • Implements Popup, Email, Push Notification and Sound Alerts


Settings

  • Period - the number of bars used for the indicator calculations.
  • Period - the number of bars used for indicator calculation
  • Maximum History Bars - the maximum number of past bars used
  • Text Size - Font size on chart
  • Display Chart Arrows - Show/Hide signal arrows on chart
  • Display Histogram Power - Show/Hide strength of reversal signal
  • Display Histogram Legend - Show/Hide symbol legends
  • Display Histogram Legend - Show/Hide symbol legends
  • Activate Alert Box - Enable/Disable MT4 popup alert
  • Activate Email Alert - Enable/Disable alerts send via email
  • Activate Push Notification - Enable/Disable alerts send through your smart phone
  • Activate Sound Alerts - Enable/Disable audible alerts
  • Sound Alert File Name - file name of sound to be played


How to use

The indicator is composed of 2 parts

  • Reversal Signal = The signal to enter a trade
  • Reversal Power = The number used to predict the probability of the reversal
    • 65 to 80% are normal reversal signals
    • 81% and Above are usually higher Probability


Notes

This indicator is a manual trading tool that can be used in many ways.

To test its effectiveness to your current trading systems, please take time to Test the Free DEMO first.

Oleksii98
46
2017.03.14 21:09 
 

Wasted my money. Indicator gives 2 correct out of 10 signals.

fabbry72
1051
2015.10.28 09:13 
 

Great indicator.

I don't know what's behind it but signals are very good.

I use it in binary option with BB+Stoch in direction of trend and 80/90% accuracy !!

Wonderful job.

Version 3.0 - 2017.03.23
More compatible to build update.
Version 2.0 - 2016.06.21
Improved the compatibility
Changed some input names
Added the buffer index number on the "About" section for developer purposes
Version 1.2 - 2015.08.19
Improved display of texts
Version 1.1 - 2015.08.12
Improved MT4 build compatibility