Market Reversal Alerts EA MT5
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 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