Universal Reversal

The indicator calculates reversal points based on the past trend and forms a channel (outer) on this basis. This elapsed time span from which the reversal points are determined can be specified in the settings.

An inner channel is also drawn in white. The trend continues in this channel, if there is a sideways trend. Here the upper / lower line form the possible turning point.

The indicator is suitable for all trading areas, whether forex, crypto, metals, indices or futures. All areas traded in Metatrader 4/5 are covered by the indicator. All timeframes are also supported. Whether scalping, day trading or interday trading, the indicator is suitable for every type. And with the built-in alarm function, no trade will be missed.

These channels can be used for reversal / trending strategies. Ideally with the help of the stochastic indicator or another preferred indicator. A combination of two indicators provides a solid foundation for trading.


MT5 Version of the indicator


Reverse Channel

The following values are recommended:

Currency Average Value  Check history bars MA Period Divide Lines
Forex (EUR/USD...)
6 - 10
1000
100
2,5 - 3
Metal (XAU/USD...)
2 - 5 
1000
100
2 - 2,5
Crypto (BTC/USD...)
2 - 5 
1000
100
2


Average Value
This value defines the number of reversal points. The higher this number, the narrower the reverse channel. Depending on what is being traded, this value should be increased or decreased.

Check history bars
The number of historical candles that will be used to draw the Reversal Channel.

Divide Lines
The user entered the factor by which the value of the outer channel is divided. The trend channel is drawn on the basis of this.


Individual channel
If an individual channel is preferred, the value can be entered in section 2. The value "0" automatically determines the channel on the basis of the historical candles and the reversal points. All other values generate an individual channel.
The reversal / trend channel can be shown / hidden with the parameters specified in section 3.


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Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
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There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
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Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
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