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Reversal zones x2 free

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Published: 14 June 2018

Current version: 1.0

Reversal zones x2 free

Indicators
Andrii Malakhov
Andrii Malakhov
Ukraine

23295
4.2 (19)
15 products 3 topics 8 comments
Version: 1.0

This version works only on USDCAD! The full version of the indicator can be purchased here - https://www.mql5.com/en/market/product/29820

Indicator operation principle

Looks for local tops/bottoms which can potentially become a Reversal zone
It waits for an impulse movement that would exceed the Reversal zone and draws a red/blue wide rectangle
Within the Reversal zone, it looks for the strongest area of the zone - Main level.

Further actions of the trader:

Wait for the price to return to the Reversal zone (retest) and touches the Main level.
Find any reversal candlestick pattern near the Main level. This can be done with the help of the Pivot Point Reversal x2 indicator
Open a deal. Set the stop loss to a zone. Set the take profit based on the TakeProfit Levels x2 or MACD_stopper x2 indicator
Manage the deal manually or wait to receive TP/SL

Setting up the indicator

Days painting - the number of days in a row to look for Reversal zones and Main levels.
Min zone width, pip - the minimum width of a zone. 100 pips are optimal for most instruments. For indices and oil - 30 pips.
Min impulse width, pip - the minimum distance the price should pass after leaving a Reversal zone for this zone to be formed. 100 pips are optimal for most instruments. For indices and oil - 30 pips.
Fill square - fill the Reversal zones. Recommended value is "false".
Find Main Level in reversal zones - search for the Main level in reversal zones. Recommended value is "true", since the Main level is the most important point in a reversal zone.
Cut far zones - trim distant Reversal zones. Default is "true".
Buy reversal zone color - color of a Reversal zone for buying.
Buy Main Level color - color of the Main level for buying.
Sell reversal zone color - color of a Reversal zone for selling.
Sell Main Level color - color of the Main level for selling.

P.S. If you have any questions about the operation of the indicator, feel free to ask them in the Comments or in private messages.

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The indicator searches for the largest candles with minimum wicks for the last X candles. Sometimes, such candles mark the presence of a strong buyer, who quickly and strongly pushes the price in the right direction. However, most often, these are culmination candles, especially at the end of a prolonged trend when a single large candle knocks out stop losses of the most persistent traders and the price reverses instantly. The indicator allows you to open a position on the very edge of the marke

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Советник риск-менеджер с огромным арсеналом возможностей защиты вашего депозита. Для инвесторов, которые решили передать капитал в доверительное управление. Когда у трейдера нет доступа к настройкам - нивелирует торговые риски. А также для трейдеров, которые осознали необходимость стороннего контроля за их торговлей для улучшения торговых результатов. Для максимальных результатов - должен стоять на отдельном VPS сервере и у трейдера не должно быть возможности менять настройки в торговый период.

FREE

The MACD_stopper_x2 indicator shows where the trend has a tendency to stop or reverse. It uses the standard MACD indicator and a proprietary formula for processing data obtained from MACD. There are 2 types of stop/reversal signals: Small cross - probability of a trend stop/reversal is 70-80% Large cross - probability of a trend stop/reversal is 80-80% If there are open trades (for example, BUY) on the symbol the indicator is attached to, and the BUY trend ends, the indicator sends push notifica

99 USD

The indicator looks for buying and selling zones, where a deal can be opened with a minimal stop loss and a better Risk Reward Ratio. The indicator is based on qualitative search of the Double top/Double bottom pattern. Indicator operation principle Looks for local tops/bottoms which can potentially become a Reversal zone It waits for an impulse movement that would exceed the Reversal zone and draws a red/blue wide rectangle Within the Reversal zone, it looks for the strongest area of the zone

99 USD

1 500 USD

99 USD

Утилита-риск-менеджер для защиты вашего депозита от полной потери денег. Если вы инвестор и решили передать деньги в доверительное управление, вам нужен Trade Control. Так трейдер не нарушит свои же правила риск-менеджмента и не сольет все ваши деньги. Для этого Trade Control должен находится на вашем VPS. И у управляющего трейдера не должно быть доступа к настройкам данной улититы. В момент слабости, трейдер не сможет увеличить заложенные в торговлю риски. И не потеряет ваш депозит за один неуд

1 500 USD

The indicator shows entry points with Risk-Reward-Ratio 1 to 5. Main timeframe H1. Works on every pair. The main logic - is to find a reversal level, and then track the price reaction to this level. Doesn't need any settings. As a standard, it paint 5 levels of the same take-profit (red / blue for sellers and buys) and 1 stop-loss level - orange. ATTENTION! The full version of indicator. You can t est full work of indicator free only on the USDCAD pair here https://www.mql5.com/en/market/produ

99 USD

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