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Pivot Reversal Free

FREE

Published: 22 September 2021

Current version: 1.11

Pivot Reversal Free

Name: Pivot Reversal Free
Rating: 5 (1 reviews)
Author: Fyodor Korotkov

Indicators
Fyodor Korotkov
Fyodor Korotkov
Freelance

Russia

5035
5 (18)
- https://t.me/tradingbots_pro
Nice man.

Create personal project offer: https://www.mql5.com/en/job/new?prefered=teslatrader

4 products 1 topic 7 comments
Version: 1.11
Updated: 23 September 2021

Hi there!

Since I am starting commercial and non-commercial product publishing I would highly appreciate:

If you like this product, please rate it. That will help to promote not only this product, but indirectly another ones. So, such promotion will help to make some money from commercial products. Thus, I will have opportunity to fund my another directions of trading researches like bot development using mql4 and mql5 programming languages as well as python written products like crypto bots.
If you don't like that product - feel free to write me PM or leave comment on product page with recommendation what to improve and if it will have sense, I'll do that.
Feel free to subscribe on my new telegram channel where I am going to publish updates regarding all directions of trading software development (not only mql products). Thus you be able to try new features in first row.

Indicator detects pivot points of supposed reversal trends and print text labels at the opening of signal bar.

There are 4 inputs:

Bars to left - quantity of bars for analyzing to the left of currently analyzing bar;
Bars to right - quantity of bars for analyzing to the right when and if left bars analysis found supposed pivot point;
ATR (average true range) period and multiplier are used some type of noise reducing calculations.

Labels contain direction of signal LE means long entry and SE - short entry. Also they contain price of signal pivot point.

Free version differs from commercial one by output of calculated buffers of baselines and main trade signal buffer in data window. Thus, basically it allows to use indicator in manual mode, but if you would like to incorporate it with expert advisor, say for stop loss definition or supposed take profit goals, you need commercial version.

Profitable trading!

Regards, Fyodor.

more...

570

Aldo Doberti 2021.10.21 10:41 #

Good Work Mister

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Hi there! Since I am starting commercial and non-commercial product publishing I would highly appreciate: If you like this product, please rate it. That will help to promote not only this product, but indirectly another ones. So, such promotion will help to make some money from commercial products. Thus, I will have opportunity to fund my another directions of trading researches like bot development using mql4 and mql5 programming languages as well as python written products like crypto bots. If

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Filter:

SannaD 2025.08.10 19:57 #

User didn't leave any comment to the rating

5035

Reply from developer Fyodor Korotkov 2025.08.11 06:52 #

You are welcome)

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Michael-MT5 2024.08.31 15:26 #

User didn't leave any comment to the rating

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Reply from developer Fyodor Korotkov 2024.10.13 05:56 #

Thanks for your feedback!

manforcode007 2022.12.02 07:46 #

User didn't leave any comment to the rating

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Reply from developer Fyodor Korotkov 2022.12.03 13:46 #

My pleasure!

veki100 2021.11.29 16:09 #

User didn't leave any comment to the rating

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Reply from developer Fyodor Korotkov 2021.11.29 19:36 #

Thanks!

570

Aldo Doberti 2021.10.21 10:41 #

Good Work Mister

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Reply from developer Fyodor Korotkov 2021.11.29 19:36 #

Thanks!