Reversal Diamond Indicator MT5
It's based on a algorithm which shows dots to entering the market. Using overbought and oversold oscillators as well as multiple momentum functions with the Highs and Lows of the market and the stretching between them in specific time of candles with price action, as well as market volatility.
Features of the Reversal Diamond Indicator MT5:
- The indicator does not repaint.
- The indicator does not recalculate.
- The indicator works on any timeframe, but best timeframes are H4/H1/M15.
- The indicator works on any pair.
- It gives signals immediately when the candle is close.
- AlertOn - enable/disable Push Notifications when the dots appear. (It will show which pair, entering price for trade when the dot appear, Type of trade Buy/Sell)
- MailOn - enable/disable Email notifications when the dots appear.
- SoundOn - enable/disable Sound notifications when the dots appear.
- Open a buy trade when a green dot appears;
- Open a sell trade when a red dot appears.
Also if you want this version in MT4 its already published in this Link