Market / MetaTrader 4 / Indicators /

TrendReverse

60 USD

Demo downloaded: 32

Published: 3 November 2021

Current version: 1.30

TrendReverse

Indicators
Puiu Alex
Puiu Alex
Full TIme Trader at Freelancer

Romania

5098
4.6 (9)
I am fulltime trader with over 13 years of forex experience. I developed my own strategy based on supply/demand levels and trend follow!
Motto: Take what you need and leave, don't look back!

9 products 1 signal 1 topic
Version: 1.30
Updated: 3 November 2021
Activations: 7

Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against the trend are called pullbacks or consolidations.When it starts to occur, a reversal isn't distinguishable from a pullback. A reversal keeps going and forms a new trend, while a pullback ends and then the price starts moving back in the trending direction.

Difference Between a Reversal and a Pullback

A reversal is a trend change in the price of an asset. A pullback is a counter-move within a trend that doesn't reverse the trend. An uptrend is created by higher swing highs and higher swing lows. Pullbacks create the higher lows. Therefore, a reversal of the uptrend doesn't occur until the price makes a lower low on the time frame the trader is watching. Reversals always start as potential pullbacks. Which one it will ultimately turn out to be is unknown when it starts.

The indicator will give you signals when there is a high chance of reversal, but in reality you will trade a pullback until it turns into a trend.

Is this indicator profitable?

Yes.

See the screenshots to see my strategy .

Features:

Scalping
Trend TF - M15
CalculateOnBarClose1 - 1
Trend1 - 100
Trend2 - 100
Entry TF - M15
Entry Period - 8

Trend

Trend TF - H1
CalculateOnBarClose1 - 1
Trend1 - 950
Trend2 - 1350
Entry TF - H1
Entry Period -21

Strong Trend

Trend TF - H4
CalculateOnBarClose1 - 1
Trend1 - 950
Trend2 - 1350
Entry TF - H4
Entry Period -21

Enable Alerts - true/false
Enable Push Notifications - true/false
Alert Delay (Candles) - 1

Enable Scalping Arrows/Alerts - true/false
Enable Trend Arrows/Alerts - true/false
Enable Strong Trend Arrows/Alerts - true/false

Distance between Signals Scalping - 30
Distance between Signals Trend - 50
Distance between Signals Strong Trend - 100

more...

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Mr Pip Trend indicator combines powerful price action analysis and sophisticated algorithmic data analysis to provide traders with high-accuracy chart analysis and support the decision-making process. You can use Mr Pip Trend Indicator to trade all the markets (all Forex pairs, all CFDs and Cryptocurrencies) on all timeframes! Mr Pip Trend Indicator provides chart analysis that is effective at detecting new trends but finds the exact sweet-spot between early and late entries. What is different

60 USD

Price action is among the most popular trading concepts. A trader who knows how to use price action the right way can often improve his performance and his way of looking at charts significantly. However, there are still a lot of misunderstandings and half-truths circulating that confuse traders and set them up for failure. Using PA Trend Reversal will be possible to identify high probability exhaustion moves of a trend. Features The indicator gives alerts in real-time when the conditions are me

60 USD

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TrendReverse

Puiu Alex

Difference Between a Reversal and a Pullback

Is this indicator profitable?

Yes.

See the screenshots to see my strategy .