Level 3 Reversals
The indicator shows price reversals with a high degree of accuracy. Reversals are shown on the chart as arrows, and they never repaint or backpaint. Based on our MACD indicator and ZigZag, it is a powerful tool to have to increase your rate of success and profitability. With easily adjustable settings and featuring an accuracy rating for each setting, it is a very versatile indicator that adjusts to the market you are trading in.
All parameters are optimised for EURUSD.
- EmailAlert - set true to enable the email alert.
- SelectMainSignal - show the main signal.
- SelectHelpSiganl - show the help signal.
- SlowEMA - MACD period of slow EMA.
- FastEMA - MACD period of fast EMA.
- Period1 - period 1 of ZigZag.
- Period2 - period 2 of ZigZag.
- Period3 - period 3 of ZigZag.
- Max_Alerts - max of alert times.
- MACD_UP_FILTER_LEVEL - MACD up filter level.
- MACD_DOWN_FILTER_LEVEL - MACD down filter level.