Daily Reversal Zones plus alert

ReversalZones Pro — Dynamic Daily Volatility & Reversal Engine

ReversalZones Pro is an institutional-grade intraday volatility and pivot-projection indicator designed for MetaTrader 5. Unlike traditional lagging indicators that rely on moving averages or smoothed oscillators, ReversalZones calculates predictive supply, demand, and mean-reversion zones at the start of every trading day based on statistical daily expansion and Fibonacci range ratios.

Whether you are a mean-reversion trader fading extreme market overextensions or a momentum breakout trader hunting continuation moves, ReversalZones gives you precise, non-repainting entry signals backed by institutional rejection filtering.

Key Features

• Predictive, Non-Lagging Zone Mapping: Automatically projects daily key levels at market open using dynamic daily range calculations ($High_{D1} - Low_{D1}$) and Fibonacci ratios (38.2%, 61.8%, and 100%).

• Institutional Rejection Filter: Signal arrows only trigger when price touches a key boundary AND forms a strong rejection wick (customizable via InpMinWickPercent ), eliminating weak signals during consolidation.

• Dual Strategy Engine (Reversals & Breakouts):

  • Reversal Signals: Clear Up/Down arrows when price rejects the 38.2% Trigger Lines or 61.8%–100% Supply/Demand Boxes.

  • Breakout & Retest Continuation: Visual BUY and SELL labels when price breaks through the 100% outer boundary and retests key levels with confirming price action.

• Next-Day Forward Projection: Look ahead into the upcoming session. ReversalZones computes and draws projected zones for the next trading day in real time based on current daily development (with automatic weekend skip handling).

• Live HUD Dashboard: Keep essential market data directly on your chart:

  • Current Zone State ( RESISTANCE ZONE , SUPPORT ZONE , TRIGGER LINES , NEUTRAL )

  • Distance to Upper and Lower Trigger Lines in Pips

  • Today’s Range vs. 5-Day Average Daily Range (ADR)

  • Real-Time ADR Expansion Percentage ( ADR Expansion % )

• Multi-Channel Alert Suite: Receive instant alerts on Zone Entry/Touch via MT4 Pop-ups, Sound FX, Mobile Push Notifications, and Email.

• Lightweight & Fast: Built for low CPU consumption with clean graphical object management, making it perfect for multi-chart setups and remote VPS environments.

Understanding the Visual Zones

1. Resistance Top Box (61.8% – 100% Range): The primary supply and exhaustion zone. Ideal for high-probability short reversals.

2. Upper Trigger Line Box (38.2% Range): Early upper volatility threshold. Serves as a breakout boundary or rapid scalping reversal line.

3. Lower Trigger Line Box (38.2% Range): Early lower volatility threshold. Serves as a support boundary or rapid scalping bounce line.

4. Support Bottom Box (61.8% – 100% Range): The primary demand and accumulation zone. Ideal for high-probability long reversals.

Recommended Trading Strategies

1. Wait for price to enter the Resistance Top Box or Support Bottom Box.

2. Look for price to touch the inner/outer boundary and print a Reversal Arrow (indicating a candle wick rejection of 50% or higher).

3. Entry: Enter in the direction of the arrow upon candle close.

4. Stop Loss: Set SL slightly beyond the outer box boundary (100% level).

5. Take Profit: Target the central Daily Pivot or the opposite Trigger Line.

Strategy 2: Breakout & Retest (Trend Continuation)

1. Wait for a strong daily candle close beyond the 100% Outer Zone Boundary.

2. Allow price to pull back/retest the outer boundary.

3. Look for the indicator to print a BUY or SELL continuation text label with a rejection wick.

4. Entry: Enter in the direction of the breakout.

5. Take Profit: Target dynamic extension levels or trail using ADR expansion metrics from the HUD.

Core Settings & Inputs

• InpProjectNextDay — Enable/Disable next trading day zone projections.

• InpLineMult — Upper/Lower Line ratio (Default: 0.382 / 38.2%).

• InpZoneInnerMult — Inner Box boundary (Default: 0.618 / 61.8%).

• InpZoneOuterMult — Outer Box boundary (Default: 1.000 / 100.0%).

• InpMinWickPercent — Minimum wick-to-candle ratio required to confirm a rejection signal (Default: 0.50 = 50%).

• InpEnableBreakRetest — Toggle Breakout & Retest text labels (BUY/SELL).

• InpShowDashboard — Toggle the on-chart HUD dashboard.

• Alert Settings: Toggle Pop-up, Sound, Push Notifications, and Email alerts.

Setup & Requirements

• Platform: MetaTrader 5 (MT5)

• Assets: Forex Pairs, Gold (XAUUSD), Indices, Commodities, and Crypto.

• Recommended Timeframes: M5, M15, M30, and H1 for intraday precision.

• Installation: Simply drag and drop the indicator onto any chart. No complex configuration required—default settings are optimized out of the box!