Market Reversal Catcher

3

The Market Reversal Catcher indicator looks for market reversal points or major pullback. To do this, it analyzes previous price movements and using a flexible algorithm for estimating the probability of a reversal, also gives recommendations on entry points and sets recommended profit targets for positions opened on a signal.


Market Reversal Cather User Guide - Read


Version for MetaTrader 5 - here

The indicator is very easy to use and does not require a lot of information to understand how it works. It has a minimum of settings and is transparent in understanding the principle of its operation, fully displaying the information on the basis of which it makes decisions on recommending entering the market and achieving profit targets.


Advantages:

  • Works with any timeframes and financial instruments, including forex, cryptocurrencies, metals, stocks, indices
  • Simple, visual and efficient trend detection
  • Two-level profit fixation system
  • Flexible analytical calculation and evaluation of market movements
  • Simple rules of use
  • Suitable for beginners and experienced traders
  • Indicator never redraws, recalculates or completes signals
  • Fully visually customizable

Parameters:

  • Analysis start date  — date and time from which the analysis of the movement in the market is carried out
  • Volatility filter(pips) — minimum amount of movement in points
  • Use Alert — receive signal notifications
  • Alert Level — signal level in percent at which notifications will be received
  • Show Trends — display analyzed trends
  • Show Trends duration — display the duration of the analyzed trends
  • Show Trends profitability — display the profitability of the analyzed trends
  • Base Lot for profitability — lot for calculating the profitability of the analyzed trends
  • Trend Up-Line (color)  — uptrend drawing color
  • Trend Down-Line (color) — color for drawing downtrends









Reviews 2
jabautista
4154
jabautista 2022.03.02 06:21 
 

Good indicator for trend reversals. The support has been excellent. It just needs alerts.

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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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SurfsideTrader
280
SurfsideTrader 2022.03.11 10:58 
 

Bought this morning. Sat infront of PC and watched it repaint time and time again on multiple pairs despite the claims it does not repaint. It's basically a zig zag/semaphor indicator (both of which you can get for free). Feel duped.

In answer to your reply below: You didn't "suggest" anything to me. We have never previously communicated. You are clearly confusing me with somebody else.

Alexander Fedosov
15072
Reply from developer Alexander Fedosov 2022.04.05 09:50
I suggested that you figure out what your difficulties are in working with the indicator(here - https://www.mql5.com/en/blogs/post/748198 ). However, you didn't ask a single question. Neither before the purchase (many ask and I answer), nor during testing for a demo, they refused after the purchase. It looks like you didn't understand how it works well enough.
jabautista
4154
jabautista 2022.03.02 06:21 
 

Good indicator for trend reversals. The support has been excellent. It just needs alerts.

Alexander Fedosov
15072
Reply from developer Alexander Fedosov 2022.03.02 08:02
Thanks for the review and glad you find it useful! Alerts will be in the next updates.
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