Trend Reversal Arrows with Risk Levels

Trend Reversal Arrows with Risk Levels gives you a complete trade plan for every signal.

• Non-repainting arrows. Signals appear only on closed candles and never disappear.
• ATR-based trend reversal logic with an optional EMA 200 trend filter.
• Automatic levels: Entry, Stop Loss, TP1, TP2 and TP3, each set as a multiple of the risk (R).
• Statistics panel showing total signals, winners, losers, win rate and net result in R, calculated on the chart history.
• Result labels (+2R / -1R) on past signals, so you can judge the logic yourself.
• Alerts with entry, SL and TP values, by pop-up or push notification.

The statistics are conservative: if SL and TP are both hit within the same candle, the trade counts as a loss.

Inputs

• ATR period, ATR multiplier – signal sensitivity.
• Use EMA trend filter, Trend EMA period – only take signals in the trend direction.
• SL distance (x ATR), TP1/TP2/TP3 (R multiple) – risk levels.
• TP used for statistics, Bars used for statistics, Show result labels – statistics panel settings.
• Panel X / Y, Popup alert, Push notification – display and alerts.

Past results on the chart do not guarantee future performance. Always test on a demo account first.