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Turn MT5

The indicator shows trend reversals (entry points).

  • Reversals can be highlighted either considering a trend, or regardless of it.
  • You can select a strict approach to the definition of reversals or a less strict one.
  • It is also possible to choose various periods for the movement preceding a reversal.

Buy right after an up arrow, sell right after a down arrow.


Parameters

The parameter names are self-explanatory.

  • The number of bars for calculation
  • Reversals are shown with regard to the trend or without trend
  • The degree of importance of u-turn
  • The period of motion prior to the reversal
  • The arrow type


Recommended symbols

  • Timeframes: M30-W1
  • EURUSD, USDJPY, EURGBP, AUDNZD, EURCAD, EURJPY, EURAUD,
  • GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, NZDCAD,
  • NZDJPY, NZDCHF, АКЦИИ, oil, platinum, indices (H4)
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Version 1.1 - 2017.09.07
Version 1.1
Added the third signal type - TYPE_3.