Market Reversal Alerts EA MT5

4.36

The Market Reversal Alerts 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 posibilites 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. 

MT4 Version of the EA is also available here: https://www.mql5.com/en/market/product/65383

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 11
Betatester69
199
Betatester69 2024.05.06 20:30 
 

Quite an expansive ea, settings take some time to understand but the author has a good video, documentation for that. Using it for the h1m5 and adr reversal strategies. Difficult to backtest with real tick data as it takes quite some time but the set files supplied are good and I had similar results with them. 5/5.

Birds_eye
314
Birds_eye 2024.04.25 20:39 
 

Excellent Tool, outstanding support and online trading sessions

Passakon Ekaburudkul
368
Passakon Ekaburudkul 2023.07.23 12:16 
 

Nice EA with many setting options.

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4.63 (8)
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3.83 (12)
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LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! The ADR Alert Dashboard shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The dash is designed to be placed on a blank chart and just sit in the background and alert you when levels are hit so you do no
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Betatester69
199
Betatester69 2024.05.06 20:30 
 

Quite an expansive ea, settings take some time to understand but the author has a good video, documentation for that. Using it for the h1m5 and adr reversal strategies. Difficult to backtest with real tick data as it takes quite some time but the set files supplied are good and I had similar results with them. 5/5.

Birds_eye
314
Birds_eye 2024.04.25 20:39 
 

Excellent Tool, outstanding support and online trading sessions

Passakon Ekaburudkul
368
Passakon Ekaburudkul 2023.07.23 12:16 
 

Nice EA with many setting options.

Kasper Hytonen
675
Kasper Hytonen 2023.05.25 13:50 
 

So far this EA is in loss and the set files don't work properly with mt5. After the authors reply below i was chatting with him and it turned out that the EA banked losses because the sets from the authors blog don't work as intended with mt5 and according to the author he has no time to fix it and i should use mt4. EA seems to work with mt4 and all the videos he shares are from mt4. Turned out that the only way to make this EA work on mt5 is to make whole new account just for this EA and use Stop loss deleter EA in that same account, which also means that you cannot use any other EA's on that same account except this one and stop loss deleter. So this EA is not compatible with mt5 as it is. If this EA gets fixed i will update this review.

LEE SAMSON
71686
Reply from developer LEE SAMSON 2023.05.25 13:55
How can it be in loss if you are using the set files I provide? They don't use stop losses and scale in and out so you seem to have something very wrong somewhere it seems! Why not come in the Telegram group and get help https://t.me/market_structure_trader_chat. Or join the twice daily live rooms where I trade with the EA and give the results out daily here https://themarketstructuretrader.com/the-live-room/. So far this month (as of today) the set files you are referring to have produced 11.42%, 20.85% and 14.70% profit so if you are losing you need to come and get some help! Check todays live room replay! https://www.youtube.com/watch?v=CHUitbXfKhc
Jeff Hann
73
Jeff Hann 2023.05.04 14:30 
 

I've been testing this EA and it's been great so far. There is so much you can do with this EA. I've been trading for a few years and I've just come across Lee and this EA and it is the perfect mix of what I've been looking for. It's really well designed and the initial tests are really positive. For the price, it's a bargin!

stucan
417
stucan 2023.05.04 12:12 
 

This is an EA that definitely needs more attention. The amount of setting options, the relatively low price and the good support complete the package. I've been running the EA on a live account and so far (about 4 weeks) overall positive results. I will report again.

Osama Essameldin Ibrahim Abdelaal
716
Osama Essameldin Ibrahim Abdelaal 2023.04.07 08:34 
 

One of the most sophisticated EAs I ever came across, with so many highly customizable fantastic details. The author is a groomed trader with lots of experience, which makes the EA relevant. The Author is also very present on Telegram and YouTube. His website has all the relevant videos that explain the EA and all other indicators he has in a very thorough manner. The bottom line, this EA, is a must in any trader's arsenal, and I am so happy to own it. In fact, I find it so cheap compared to the value I can get from it.

petcohlogin
436
petcohlogin 2022.09.07 23:46 
 

The seller is a programmer turned trader, who is still learning basics of trading.

He copied client's idea who approached him to make EA and made his own EA,

renamed titles e.g. basket trading to position trading ...

LEE SAMSON
71686
Reply from developer LEE SAMSON 2022.09.08 08:46
Offered support to the buyer, asked for set file so I could try to replicate the issue they reported but would not supply. Sent a video of me trying to replicate the issue without success and would not offer any way for me to help so unfortunately have to put it down to either user error or issue with the terminal used. Offered support in the Telegram group with over 5000 users, no other users have reported any issue for over a year with the product and would not accept help in any way. Nothing I can do :).
EA works fine, used daily in the live room on YouTube and trades like a dream.
David
146
David 2022.05.31 08:42 
 

Very well programmed EA, outstanding support!

Geir Ove Haug
387
Geir Ove Haug 2021.12.20 14:36 
 

I have just started with this powertool, and it feels almost like cheating allready. Thank you so very much! Gonna learn alot from this!

ow1977mt5
1349
ow1977mt5 2021.12.18 21:40 
 

Very good, thank you!

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