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Market Reversal Catcher MT5

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 4 - 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











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Market Trend Catcher indicator analyzes the duration of trend movements and, with a certain development of the current trend, offers market entry points in the form of arrows with recommended profit targets. 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 e
This robot operates based on the Parabolic SAR indicator. Verion for MetaTrader4 here . The advanced EA version includes the following changes and improvements: The EA behavior has been monitored on various account types and in different conditions (fixed/floating spread, ECN/cent accounts, etc.) The EA functionality has been expanded. Features better flexibility and efficiency, better monitoring of open positions. Works on both 4 and 5 digits brokers. The EA does not use martingale, grid or arb
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Version 1.20 2022.03.09
— Added alert
— Added option to display trend profitability
— Added recommendations for take profit and stop loss