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Market Reversal Alerts EA

4.35

The Market Reversal EA is powered by the indicator of the same name (available here) and trades based on market structure shifts.

The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings.

It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal. More at the indicator page.

There are too many settings and possibilities to cover in this description so there is a blog post with all the settings and a video which goes into them all in fine detail in this blog post.

Please read that post above and watch the videos and you'll see how powerful the EA is.

Some good set files to get you started and strategies available in this blog post.

The possibilities to fine tune and create multiple strategies and trading styles based on market structure reversals are endless! Those that know me know I make good money with this EA on a daily basis and I'm happy to show you how. 

MT5 Version Available Here: https://www.mql5.com/en/market/product/74958

This EA is incredibly powerful and configurable. You can trade it with a stop loss or use a grid or basket trading strategy with it which is how I personally trade with people in my free live streams each day on YouTube. Search "the market structure trader" to find them. Position trading is a style of trading which gradually scales you into market swings based on price movement and profit taking activities by the big banks that move and manipulate price. The EA set files provided in the links above are geared up to generate between 5-10% return per month on a typical month and this is a longer terms trading technique using swings. For more information on position trading you can do the free position trading bootcamp course also available on YouTube.

The EA allows you to filter the entries based on RSI, higher time frame RSI, moveing averages, higher time frame moving averages and also ADR. You can also set it to only trade reversal alerts when yesterdays highs or lows are swept (stop hunts). There are endless possibilities and you can configure the EA to trade based on your individual style and it is excellent for trading smart money concepts.

The EA has a number of trailing stop and profit taking features built in also. These allow you to reduce risk and exit your positions based on money, ADR movement and just traditional pip moves as required.


Reviews 20
johnsbf
123
johnsbf 2023.11.07 08:58 
 

I've bought numerous EAs in the past, but this one is by far the best. It achieves steady results without the heart stopping drawdown of most "get rich quick" EAs out there. The author is helpful and very knowledgeable about the markets and trading, which gives you a high level of confidence in his products. Unlike the dubious authors out there, Lee doesn't offer a bonus if you leave a good review. The reviews you read here are genuine. My only regret is that I didn't come across his products sooner. It would have saved me a lot of money and stress.

19661978
89
19661978 2023.08.28 00:47 
 

Used correctly, this EA is amazing as are Lee's indicators. Just as impressive and, extraordinarily generous, are Lee's free educational materials and live sessions. He seems to have a love for teaching and has taken me from a system hopper whose account was treading water to a consistently profitable trader. I can't thank or recommend Lee enough. Notwithstanding the above, there's one caveat: you have to put in the work to learn the EA and the trading systems.

ccacca
29
ccacca 2022.03.18 15:57 
 

I'm able to find time and freedom with the help of this EA. I looked at the EA and results every 4 hours and then I walk away. Lee was very responsive to my inquiries. Attending Lee's boot camp and backtesting the EA for 10 years is a must. Thank you very much!

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Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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Professional expert   Bird   analyzes the market using a special algorithm. The basic principle is that the bot takes the indicated prices for a certain period of time and calculates the strength and amplitude of the price by comparing it with its own indication system based on the actual data. The moment is fixed when the trend loses strength and reverses, and then the previous series closes and a new one is being prepared. The bot also analyzes its own overbought/oversold signals in its algor
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SIEA PRO NG   is the next generation of SIEA PRO and entirely different from all previous EAs from our company. The prices shown are   discounted prices   for the market launch of SIEA PRO NG! Please use the SIEA PRO NG MT5 version to run a real-tick multi-symbol backtest. Key facts at a glance trades a mean reversion strategy based on 5 full years of our unique real volume data each trade comes with a fixed stop loss and take profit the average trade duration is less than 48 hours many option
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PropTradeMaster
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PropTradeMaster: Precision-Engineered for Proprietary Trading Success Navigate the complexities of proprietary trading with PropTradeMaster, the definitive Expert Advisor (EA) for MT4, tailored to surpass the stringent requirements of prop trading firm evaluations. This potent EA harmonizes advanced trading strategies with real-time risk management, setting the stage for unparalleled trading performance. Key Attributes: Envelop Crossover Technique: PropTradeMaster is anchored by a refined Envel
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Filter:
johnsbf
123
johnsbf 2023.11.07 08:58 
 

I've bought numerous EAs in the past, but this one is by far the best. It achieves steady results without the heart stopping drawdown of most "get rich quick" EAs out there. The author is helpful and very knowledgeable about the markets and trading, which gives you a high level of confidence in his products. Unlike the dubious authors out there, Lee doesn't offer a bonus if you leave a good review. The reviews you read here are genuine. My only regret is that I didn't come across his products sooner. It would have saved me a lot of money and stress.

19661978
89
19661978 2023.08.28 00:47 
 

Used correctly, this EA is amazing as are Lee's indicators. Just as impressive and, extraordinarily generous, are Lee's free educational materials and live sessions. He seems to have a love for teaching and has taken me from a system hopper whose account was treading water to a consistently profitable trader. I can't thank or recommend Lee enough. Notwithstanding the above, there's one caveat: you have to put in the work to learn the EA and the trading systems.

LEE SAMSON
57926
Reply from developer LEE SAMSON 2023.08.28 07:02
Well done and thanks for the review. Keep doing what you are doing and focus on the process and methodology! 👍❤️
caden50
175
caden50 2022.08.12 14:36 
 

Lee, acabo de comprar EA, me envías link para estar en contacto contigo y tu grupo. Saludos

LEE SAMSON
57926
Reply from developer LEE SAMSON 2022.08.12 14:49
The Telegram group is here: https://t.me/market_structure_trader_chat
Free bootcamp and other videos are on the website: https://themarketstructuretrader.com/free-forex-training-education-courses/
Wessam Adib
1226
Wessam Adib 2022.04.19 17:58 
 

Such a shame that Lee's ego is bigger than the truth and the goodness of his customers! First I asked you to add some feature, you dissed me then you add my suggestion a couple of weeks later. I complain about a bug in your EA in version 4.30, again you dissed me, but finally after 2 month you acknowledge the bug in the version 4.40! You were lost trying to find direction to the s&p on your YouTube live session, trying to help you, again your ego refuse you to listen. And finally you ban me from the telegram group! You should be ashamed of your self! In conclusion, Mr. Lee will deny any knowledge above his head, ridiculing the possibilities. And if you trust and follow him, he'll make sure to keep you from growing above him! The Market Reversal alert is just an "order block breaker", do yourself a favor and learn about order block and smart money concepts. If you rely on the EA templates you would soon blow your account like some one mentioned above. you can check the validity of my claims here: http://prntscr.com/R8STcxxLrLXY https://youtu.be/Wj9ajn3hm0c (i have downloaded the video, Lee don't try to delete it too!)

Reply: It's amazing, if asking for a feature or reporting a bug, or answering where price might go, is called disruptive and followed by ban! I'm afraid it's called don't disturb my Ecosystem, get lost. Neglecting that I've bought at least 4 of your products and deserved some respect.

LEE SAMSON
57926
Reply from developer LEE SAMSON 2022.04.19 22:02
A bug was bought to my attention a couple of weeks ago by another trader and fixed quickly. Was only with the MT4 version of the EA and only in certain conditions so not a big issue. I always fix any bugs if they arise as fast as I can.
You were trying to push a different strategy in the live rooms which is why you were banned there (as your screenshot clearly shows!). You disrupted the Telegram group by complaining constantly and pushing another strategy which you were told was against the rules. Some traders just dont get on as have different theories which is fine. We can all make money in the ways we want. I'm sure you are a good trader also :)
I'm just not as nasty when I dont get my own way. :)
Sorry you were not able to participate in the group without trying to be disruptive also. Good luck with your trading in the future.
Conklin Alexander
393
Conklin Alexander 2022.03.25 05:36 
 

The ea blow my account use that setfile for usdjpy cadjpy and gbpjpy .need to fix

LEE SAMSON
57926
Reply from developer LEE SAMSON 2022.03.25 07:18
Not a lot of info to go on there but I suspect you are completely over leveraged on JPY pairs there. Exposure to individual currency is explained in the course that accompanies the EA. If you want help to understand how to use it properly come in the Telegram group. https://t.me/market_structure_trader_chat
ccacca
29
ccacca 2022.03.18 15:57 
 

I'm able to find time and freedom with the help of this EA. I looked at the EA and results every 4 hours and then I walk away. Lee was very responsive to my inquiries. Attending Lee's boot camp and backtesting the EA for 10 years is a must. Thank you very much!

Montoyad8857
91
Montoyad8857 2022.03.11 19:03 
 

Look no further MQL5 marketplace community, the EA you have long been waiting for is right here! An absolutely beautiful creation that allows you to fully customize the EA depending on what strategy and/or risk you wish to trade. The indicators and strategies available are a favorite of mine and that has been proven with my recent results. Not only do I love this EA, but not enough can be said about Lee the creator. A genuinely nice guy that will respond to any inquires you may have, whom will assist you with your EA and whom will show you how to trade using his proven strategies. His website is wonderful and daily live videos is an absolute plus. This is by far my best and last purchase I will make in this marketplace. 10 stars 🌟

Rahat Ali
123
Rahat Ali 2022.02.26 17:38 
 

After using this EA for some time never desire or look for another one as it fulfills all that I was looking for... Now I can set my rules-based strategy and have EA monitor my positions until they closed in profit. Simply great and fully customizable EA.. Loving it!!

Antonio Fui
40
Antonio Fui 2022.02.20 23:12 
 

Perfect EA. I studied it all night out of excitement. it seems to according to my trading strategy. Thanks Lee.

Shadow31
102
Shadow31 2022.02.12 22:44 
 

My first EA I have ever purchased and so far, very impressed. Before purchasing I joined the Telegram chat/support group to monitor and get a feel of the trading style. The EA has an incredible amount of adjustable features. I seen a few which complimented my existing trading strategy and I’m extremely excited of the potential moving forward. The author also provides some great strategies to use with the EA, so in the future I will consider running multiple strategies with this EA to grow my account. Great work

Stephen Pierce
97
Stephen Pierce 2022.02.10 14:47 
 

Brilliant EA! I've burned through over $700 on here trying to find a good EA to catch moves during London. Need I say the other EA's blew over $3,000 in real money accounts. This EA is the winner and it's not even close because It trades break of structure just as my wife and I trade. I like that I can let it run during the London session on a few select pairs on the M15 charts to catch some moves overnight. It's profitable, consistently because it's a true structure trading EA. I'm just working on getting the High/Low SL/TP and trailing SL settings optimized. The configuration options are very solid and strategically thought out. You can make this EA trade break of structure however you'd like.

Pgwilde
39
Pgwilde 2022.02.02 11:12 
 

I only wish I found this EA years ago. Great Job!

Constantin Clint Viktor Pabst
356
Constantin Clint Viktor Pabst 2021.09.27 12:27 
 

This EA is excellent and above all it offers many possibilites to trade. Setting possibilites seem endless in terms of how you want to trade breaks of market structure. simply get familiar with the concept and then it is impossible to give a bad review

Daniel Oliver Sturm Schwarz
314
Daniel Oliver Sturm Schwarz 2021.09.24 21:49 
 

This EA is a gem! Lee has put a lot of effort and time into this and he basically created this EA based on his own trading experience, trading style and background-knowledge. It shows. There are really many features and trading strategies that you can deploy and realize with this EA. - ADR-based trading - RSI-based trading - MA-based trading - Trend Trading - Market Reversal Trading and the list goes on. You can combine trade-conditions to fine-tune the signal that you want to trade thereby increasing the trades probability even using higher time frame signals (MA, RSI) as execution conditions. There is a plethora of options for trade management, risk management and trade exists to round things up. Lee is a very approachable guy, is active in his Telegram Channel, shares setups, gives examples and also teaches a Pro Trading course online, live. He is, from what I have seen, successful at what he does and this EA is based on his expertise and experience - the EA basically almost to a certain point trades how he would trade the Price Action. The price of this EA is also very appealing, I have spent more money on EAs that are being shadowed by the performance of Lee's work. The only thing I would like to see added right now is the symmetrical triangle as a trade condition in this EA :) Who knows, maybe we all get lucky and Lee makes that happen as well.

seniorbro2
80
seniorbro2 2021.09.11 19:40 
 

Excellent functionality, works right out of the box. Early returns using the recommended settings are promising. Good ongoing support is provided by the developer.

pipfinder21
80
pipfinder21 2021.08.18 20:50 
 

This is an excellent Expert Advisor. I have been using this EA for quite some time now, and it pairs well with my trend following strategy. The EA allows me to automatically open a trade as soon as the market structure on the shorter time frame is in line with the longer term trend. Buying this EA has made me a better trader.

fayazq
29
fayazq 2021.08.13 07:50 
 

User didn't leave any comment to the rating

Emmanuel
313
Emmanuel 2021.08.10 14:28 
 

Excellent indicator. Works as described. Indicator is not meant to be used as a as standalone without any knowledge of price action or risk management. Author is very transparent about the outcome. Great win rate when used according to the instruction provided by author on his website.

Jonathan Porter
945
Jonathan Porter 2021.07.20 17:21 
 

This EA will blow your account. Stay away from it and any course this seller tries to sell. What professional trader endorses NOT USING A STOP LOSS! Check comments of this seller and see how unprofessional he is.

LEE SAMSON
57926
Reply from developer LEE SAMSON 2021.08.04 10:24
This reviewer was kicked out of the Telegram group for abuse and constantly arguing and wasnt happy about it. If you want to see how effective the EA is feel free to come to the Telegram group https://t.me/market_structure_trader_chat and can share results and settings. As for the stop loss thing, well using large lots is suicide, actioning drawdown control on a portfolio approach as I do to make 10-15% a month is how money is made. I'll pop a screenshot in comments now with ONE of my live accounts running the EA with the strategy I teach so you can make your own minds up.
CHANGYUN CHOI
413
CHANGYUN CHOI 2021.07.11 10:01 
 

When the EA gives a signal in the mock account, it is reviewed and entered from the real account. The hit rate is very high. Thank you for using a good EA. When the 4-hour signal occurs, if the 15-minute chart shows the same signal as the 4-hour, the entry strategy is very good. It was nice to learn some strategies through the author's free strategy video. I see the 4 hour signal and enter the 1 hour and 15 minute chart with good results. Rather than fully automatic, it is recommended to run multiple currency pairs in a mock account and enter from a real account after review if a signal occurs. Indicators are also very useful. I've tried dozens of indicators and this seems to be the best. If there is one thing I'd like to ask you, it would be nice to have a mode that enters at regular pip intervals when additional entries are made. Now, additional entry is made when there is the next signal. Your free strategy videos are also very helpful. Thank you.

12
Reply to review
Version 4.40 2022.04.19
Bug fix: Fixed an issue where short trades would be taken if basket trading at the level set for distance between trades without waiting for a reversal alert.
Version 4.30 2022.02.02
NEW FEATURE:
Added specific trade levels to the EA. These new inputs allow the user to enter a specific price that much be achieved (either touched or traded below) before the EA will start to trade. There is also a filter to allow you to designate the number or bars ago this price should have been either touched or exceeded.
These new filters so not affect basket trading settings, they are for the initial entry only.
Feature added due to popular requests for it. Perfect for those traders who what to only enter when price has "stop hunted" a level or "bounced" from a support/resistance or supply/demand zone.
Version 4.10 2021.10.07
Logic change to allow better manual interraction and handle basket trading more efficiently:
The EA calculates and stores lot sizing and position entry using global variables differently now to help people manually closing trades or using a TP with basket trading.

VERSION 4.0 LOGIC: If you had multiple positions opened and either you manually closed one or had a TP or DD control option which closed the last position the last traded entry level and lot size would stay the same.
For basket/position trading this would mean the EA would need to wait for price to push above that old level before taking a new trade.

VERSION 4.1 LOGIC: With the new logic the last open live position will be stored so it will only need to push above/below that before taking a trade now and not the old level that was from your last closed position.
This will enable position traders to take profits and then put those orders back on to profit again if price pushes against you.
Last open trade and last open lot size are now used which will also mean lot size multipliers will use the LAST position you have placed by the EA and not the last position that was closed.

NOTE: THIS IS A MAJOR LOGIC CHANGE AND WILL AFFECT THOSE WITH OLD SET FILES THAT WERE USING POSITION TRADING WITH ANY OF THE FOLLOWING:
A PER TRADE FIXED TP
DD CONTROL (Partial of full)
TRAILING STOPS
LOT SIZE MULTIPLIERS
If you were only using TPs for the basket OR just single trades with a stop it will not affect you at all.
Version 4.0 2021.09.24
Dashboard:
Enhanced dashboard display to add additional information including, MA and HTF MA levels, trade direction, lot sizing, distance between trades (for basket trading), magic numbers in use and the trade comment.
The dashboard is now also split into multiple sections so you can choose what will be displayed.

Basket Trading Settings:
Added ability to select the distance between orders as a percentage of ADR instead of pips. You can select which you prefer now with an input.

Lot Size Multiplier:
Adjustment to logic to aid people using micro lot sizing of 0.01/0.02 as initial position with lot multipliers less than 1.5. The EA will now gradually increase by 0.01 lot until the lot multipler can round up properly for you instead of never increasing.
e.g.
0.01 with 1.3X multiplier would work as 0.01, 0.02, 0.02, 0.03, 0.03, 0.04, 0.05, 0.07, 0.09, 0.11, 0.14 etc...
0.02 with 1.3X multiplier would work as 0.01, 0.02, 0.03, 0.05, 0.07, 0.09, 0.11, 0.14 etc...

Spread Filter:
Added spread filter so the EA will not trade if the spread is too large, e.g. around news volatility or at overnight swaps.

Close Trades On Opposite Reversal Alert:
This will close your trade(s) when there is a market reversal alert in the opposite direction. This is similar to the "close trades on opposite signal" but it ignores any filters you may have active like RSI, MA or ADR and simply closes the position when an alert triggers in the opposite direction.

Disable EA After Trade:
When the pair the EA is loaded on to goes flat (all trades in all directions are closed) the EA will be removed from the chart.

Yesterdays High/Low Filter:
Two new filters added to allow you to trade using previous days high and low ranges.
Take trades ONLY when price is above/below yesterdays highs and lows.
OR
Take trades ONLY when price has pierced yesterdays highs and lows (stop hunt behaviour).

Fake SL to Calculate Lot Sizing By Percentage:
EA can now trade without using a stop loss with a set percentage of your account instead of just fixed pips. EA will place a stop loss and then remove it after the trade is placed.

Ignore Filters After First Trade Entry:
All main filters can now be ignored after the initial trade is taken when using the basket trading settings.
e.g. If you want to get into a trade on the M15 time frame when the H4 RSI is above 70 it will enter your initial position and then ignore the H4 RSI for all additional entries after your first.
This means the EA can continue to enter positions even if price pushed your way, consolidates and then pushes against you without taking the H4 RSI to extended levels which happens on occasion.
Version 3.50 2021.09.06
Tweak to how global variables are used to store entry levels and lot sizing which should help people who were opening the EA after it had started working and were getting default broker lots taken (typically 0.01) and entries too close together when basket trading.
Version 3.40 2021.08.25
Bug Fix - Using the ADR filter with pending orders and occasionally some market order conditions caused the EA to miss some trades and occasionally trade out of order with baskets active.
Enhancement - Added bars back setting for ADR filter so you can now set how many bars ago price hit the ADR high/low to fine tune entries for different timeframes. Defaulted to 20 which suits M5 or above.
Enhancement - Switched to candle close to improve backtesting speeds in the strategy tester and overall load of the EA.
Version 3.30 2021.08.17
2 Bug fixes to address minor issues as reported by users with specific setups in the EA.
1. Allow for spread into calculation when taking more than one trade and measuring distance between entries by ADR.
2. EA would occasionally take trades in wrong location due to being dissalowed to trade due to maximum stop loss rules.
Version 3.20 2021.08.05
Tweak to magic number logic to fix bug reported by some users where EA would take a 0.01 sometimes with multiple entries after closed trades.
Version 3.10 2021.07.30
Fixed a small bug that caused the ADR filter to occasionally take trades in the wrong direction if extreme moves in both directions the same day.
Version 3.0 2021.06.29
Drawdown Control – The EA will now start to close out portions of your running trades when they go
into drawdown as either an entire basket or on an individual trade basis. There are 3 main types of
drawdown control, monetary, pips and percentage of ADR.

LOGIC CHANGE:
Tweaked basket settings when taking partial profits to ensure it respected initial entry lot size or
continuation of the lot size multiplier sequence. In version 2 the lot size was reset to the last position
size incorrectly.
Version 2.0 2021.06.10
Added lots of additional functionality to the EA plus a smal change to the logic when taking trades that hit the ADR levels in basket mode.

Trade Direction – You can now set the EA to only take trades in one direction.

EA Mode – The EA can now act as an “alert only” system and not take trades.

Style Of Trading – You can select to use pending orders or market orders for entries.

Distance Pending Order – Select the distance pending orders are placed at.

SL/TP Modes Separate: You can now select to use different methods for your TP & SL not just one.

Initial ADR Entry Level – ADR entries can now be set to trigger at percentages above/below 100%.

Multi Direction Baskets – You can combine profit from long and short baskets to use for targeting.

Lot Size Multiplier – You can adjust the lot size of basket entries (similar to martingale).

Close Baskets at ADR Percentages – You can target ADR percentages for TP and SL for baskets.

Alerts at Entries & Exits – The EA will now alert you when it takes trades and exits.

Screenshot Functionality – You can choose to have a screenshot of every entry for journaling.

Block Size Filter – Select the size of the reversal alert block to filter out consolidations.

Partial Profit Taking – Take a partial profit when your trades/baskets hit a pip level.

Dashboard Enhancements – Now displays more profit and pip information and detects currency.

LOGIC CHANGE:
When taking basket trades using the ADR filter the EA will now ignore the ADR levels after the initial entry. The EA only needs the ADR to be hit for entry one and additional entries will continue to be placed ignoring that filter in following days.