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Reversal Point MT5

The purpose of the inidcator is to identify the reversal point.

The blue arrow is buy signal and the yellow star is its stop loss.

The red arrow is sell signal and the yellow star is its stop loss.

Please note that the singal is against trend,it could be continual fail.

Alert feature: if there is a signal, the indicator will send alerts of  popup window,email or mobile push.

Inputs:

  • Popup Window Alert: it is false in default
  • Email Alert : it is false in default
  • Mobile Push Alert: it is false in default.

MetaTrader 4 Version : Reversal Point 


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This Expert Advisor is designed to manage orders. It offers the following functions: Set a stop loss for an order having none. Set a take profit for an order having none. Close the last order if the total orders of a symbol are over the setting. Close the order if its lots are over the setting. Close the order if its profit in pips is over the setting. Close the order if its loss in pips is over the setting. Close the order if its profit in amount is over the setting. Close the order if its loss
FREE
Note: This EA only works on Hedging account. The MetaTrader 4 version Quick Panel Pro Features Calculating lots is easy and fast: move the StopLine, the calculation is processed immediately Most trading operations can be quickly made by clicking the button on these panels. Changing panels is quick just by clicking the green button. The EA can run on the strategy tester, use this feature to do training or review your strategy.(It is free,try it). Show the average price on a yellow-background pan
Slippage Monitor
Ziheng Zhuang
5 (2)
This EA is designed to monitor the slippage of opening and closing orders, and save the records in files. It is useful to record the slippage and evaluate brokers. The record files are saved in the folder  MT4_Data_Folder\MQL4\Files.  Go to "File " --> "Open Data Folder" . Warning : Do NOT open the files directly, otherwise it will affect the exectution of EA, just copy them to another folder and open them. Usage: Open a chart and load the EA on it, just need only one EA to run, it monitors a
FREE
Slippage Monitor MT5
Ziheng Zhuang
4.8 (5)
This EA is designed to monitor the slippage of opening and closing orders, and save the records in csv file. It is useful to record the slippage and evaluate brokers. The record files are saved in the folder  MT5_Data_Folder\MQL5\Files.  Go to   "File " --> "Open Data Folder"   . Warning :   Do NOT open the files directly, otherwise it will affect the exectution of EA, just copy them to another folder and open them. Usage: Open a chart and load the EA on it, just need only one EA to run, it m
FREE
This EA has the features:  It provides a sorted pair power of   the major 28 pairs ,   Makes trade easy to choose the stronger or weaker pairs.    The pair power is calculated with the indicator   Currency Relative Strength  which is built in EA,the default inputs is D1,90,0  It can trade any symbol or pairs,not limit to the major 28 forex pairs.  It includes 6 tags :   PPI, Manual trade, Grid Sell, Grid Buy, AutoClose, Breakeven. PPI is a sorted pair power of major 28 forex pairs. the term " PP
FREE
Account Summary MT5
Ziheng Zhuang
4.67 (3)
This is a MetaTrader 5 script. It helps to summarize all trades into every symbol. Input Select Period: This is 7-option input. It includes Last Month, This Month, Last Week, This Week, Today, All History, and Date Specified. Specify Starting Date: Enter a date if you selected Date Specified in "Select Period" input. Specify Ending Date: Enter a date if you selected Date Specified in "Select Period" input. The summary is saved into a file in MQL5\Files folder. MT4 Version:   https://www.mql5.c
FREE
Account Summary
Ziheng Zhuang
5 (1)
This is a MetaTrader 4 script. It helps to summarize all trades into every symbol. Input Select Period: This is 7-option input. It includes Last Month, This Month, Last Week, This Week, Today, All History, and Date Specified. Specify Starting Date: Enter a date if you selected Date Specified in "Select Period" input. Specify Ending Date: Enter a date if you selected Date Specified in "Select Period" input. The summary is saved into a file in MQL4\Files folder. Also, there is pop-up window for
FREE
Account Export
Ziheng Zhuang
5 (2)
This is a MetaTrader 4 script. It helps to export all trades into a CSV file as per Symbol and selected periods. Input Select Symbol: This is 2-option input. Select current symbol or all symbols to export its orders. Select Period: This is 7-option input. It includes Last Month, This Month, Last Week, This Week, Today, All History, and Date Specified. Specify Starting Date: Enter a date if you selected Date Specified in "Select Period" input. Specify Ending Date: Enter a date if you selected D
FREE
This EA provides the following functions: Open a position: When the price crosses the trend line, open a long or short order Closing: When the price crosses the trend line, close the long or short position Trailing stop loss: EA will continue to increase the stop loss of long orders or lower the stop loss of short orders along the trend line. The line can be a trend line or a horizontal line,       Trend lines can be rays or line segments. Line segments have a special function, which is to only
The indicator includes two parts. Part I: Color Candles Show the Major Trend Color candles is to identify the market state by color candlesticks. As shown in the screenshots, if the color is Aqua, the market is in a state when you should place long orders or exit short orders. If the color is Tomato, it is the time to place short orders or exit long orders. If the color is changing, it is better to wait for its completion (until the current bar is closed). Part II: Draw bands The inner bands is
Quick Panel
Ziheng Zhuang
This panel is an Expert Advisor, which provides six groups of trading panel. MT5 Version: Quick Panel Hedging Features Most trading operations can be quickly made by clicking the button on these panels. Changing panels is quick just by clicking the green button. The EA can run on visual chart on the strategy tester, which provides an easy method to practice trading on history data. Show the average price on a yellow-background panel and draw the lines of the avarage price. Click here Panel The
Quick Panel Pro
Ziheng Zhuang
5 (1)
This Expert Advisor is a professional trading tool, which integrates a flexible risk control and six groups of trading panels. MT5 Version:  Quick Panel Pro Hedging Features Calculating lots is easy and fast: move the StopLine, the calculation is processed immediately Most trading operations can be quickly made by clicking the button on these panels. Changing panels is quick just by clicking the green button. The EA can run on the strategy tester, use this feature to do training or review your s
This indicator shows the main trend on the current chart. Features This indicator includes two bands, one is the inner white bands, another is the outer blue bands. If the white dotted line crosses down the white solid line, this means that the trend has changed to be bearish. If the white dotted line crosses up the white solid line, this means that the trend has changed to be bullish. Once the crossing happened, it will not repaint. Settings ShowColorCandle: if 'true', it will show the colo
Beta Bands
Ziheng Zhuang
This indicator shows main trend, entry zone and exit zone. This is a muti-timeframe indicator, so it is always repainting in the current period of the higher timeframe. Features Colorful Histogram: it indicates the main trend, the tomato means the market is bearish,and the sky blue means the market is bullish. Inner Blue Bands: it is entry zone for entry market, the market is relatively safe for entry. Outer Yellow Bands: it is exit zone for exit market, the market is oversold or overbought.
This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak. Note: This indicator does not show strength lines, it just shows the digital result on chart. Another version with strength lines: Currency Relative Strength Inputs BarsToCalculate - Number of bars to calculate strength. MaPeriodsToSmoothLines - Moving Average periods f
This Expert Advisor is an One-click trading panel for multi pairs. Click OPEN button to open orders for the selected pairs. Click CLOSE button to close orders for the selected pairs. The lots of order is the number entered by users.The positive number is for buy order and the negative is for sell order. Click  CLOSE  button is to close the whole order ,instead of partial close.Close action has nothing to do with the number of lots. Set the input Magic to 0, the EA will help to close manual orde
This indcator shows the trend with the color histogram. It is simple and easy to use. Usage: If the histogram changes from the aqua to the fuchsia, which means the trend is up. If the histogram changes from the fuchsia to the aqua,which means the trend is down. Inputs: MaPeriods: the periods of moving average. f1: the multiplier of inner bands f2: the multiplier of outer bands Popup Window Alert Email Alert Mobile Push Alert Alerts When the trend changes from the long trend to the short trend or
Pair Power Matrix
Ziheng Zhuang
3.67 (3)
This indicator is designed to show the pair power of the major 28 paris with RSI,Stochostic,and CCI. The power value is sorted from the weak to the strong. The weaker pairs: the pairs occurs at least 2 times in the top 3 rows The stronger pairs:   the pairs occurs at least 2 times in the bottom 3 rows Users can add another symbol, so it can calculate 28+1 symbols. My advice: https://www.mql5.com/en/blogs/post/729880 A free EA with Pair Power Matrix  ---  https://www.mql5.com/en/blogs/post/732
The purpose of the inidcator is to identify the reversal point. The blue arrow is buy signal and the yellow star is its stop loss. The red arrow is sell signal and the yellow star is its stop loss. Alert feature: if there is a signal, the indicator will send alerts of  popup window,email or mobile push. Inputs: Popup Window Alert: it is false in default Email Alert : it is false in default Mobile Push Alert: it is false in default. MetaTrader 5 Version: Reversal Point Please note that the singa
Note: This EA only works on Hedging account. The MetaTrader 4 version Quick Panel This Panel is an Expert Advisor, which provides six groups of trading panel. Features Most trading operations can be quickly made by clicking the button on these panels. Changing panels is quick just by clicking the green button. The EA can run on visual chart on the strategy tester, which provides an easy method to practice trading on history data. Show the average price on a yellow-background panel and draw th
Gamma Bands   This indcator shows the trend with the color histogram. It is simple and easy to use. Usage: If the histogram changes from the aqua to the fuchsia, which means the trend is up. If the histogram changes from the fuchsia to the aqua,which means the trend is down. Inputs: MaPeriods: the periods of moving average. f1: the multiplier of inner bands f2: the multiplier of outer bands   Popup Window Alert Email Alert Mobile Push Alert Alerts When the trend changes for the long trend to the
This EA provides the following functions: Open a position: When the price crosses the trend line, open a long or short order Closing: When the price crosses the trend line, close the long or short position Trailing stop loss: EA will continue to increase the stop loss of long orders or lower the stop loss of short orders along the trend line. The line can be a trend line or a horizontal line,       Trend lines can be rays or line segments. Line segments have a special function, which is to only
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Odd Harald Soerhaug
476
Odd Harald Soerhaug 2023.08.18 08:50 
 

User didn't leave any comment to the rating

Ziheng Zhuang
36732
Reply from developer Ziheng Zhuang 2023.08.18 08:59
Thank you for real feedback. SL is necessary because this indicator is to detect the potential reversal,so the signal could fail.
hamid9723
157
hamid9723 2022.11.30 10:15 
 

User didn't leave any comment to the rating

Clarence Gordon Llevelyn Cloete
825
Clarence Gordon Llevelyn Cloete 2022.10.29 12:46 
 

User didn't leave any comment to the rating

Detleff Böhmer
2572
Detleff Böhmer 2022.06.25 09:19 
 

User didn't leave any comment to the rating

Ziheng Zhuang
36732
Reply from developer Ziheng Zhuang 2022.06.28 18:51
Yes,ths signal is based on open price, so it never repaints.
Thank you.
Reply to review
Version 4.0 2022.12.01
Add the alert features including popup window,email and mobile push.
Version 3.10 2022.06.25
Fixed the problem of lacking ticks on weekends.