Trend Reversal Limited MT5
- Indicators
- Reza Aghajanpour
- Version: 1.1
- Updated: 26 March 2023
You can download the Full version here.
Introduction:
Trendlines are the most famous technical analysis in trading. Trendlines continually form on the charts of markets across all the different timeframes providing huge opportunities for traders to jump in and profit on the action. In the other hand, The trendline reversal strategy has high win rate on the price action in the market that let You catch the big fish at the edge of the waterfall.
The Trend Reversal indicator has stop loss and entry point levels with using Fibonacci levels and candlestick checking to find the best entry point of trading. It finds signals immediately with alarm and notification for easy trading.
Main Features:
- Detect the best and most common successful point of reversal trend
- Easy-to-use and user-friendly indicator
- NO repaint
- Scan just on USDJPY chart
- Select and deselect time frames button for scan (M1,M5,M15,M30,H1,H4,D1,W1,MN)
- It displays and pushes notification stop-loss, entry-point levels
- Candlestick check for the best entry point
- Use Fibonacci levels
- Sending the alert and push notification
- Alert enable/disable base on your setting time
- Adjust the pattern setting
You can download the Full version here.
Input Parameters:
=========Scanner============
- Scan All Charts – Disable and scan just open USDJPY chart.
- Scan the number of candles – Amount of history bars to evaluate
- Re-scan Timer – Re-scan USDJPY chart after passing time
- Display Options – Display or do not SL & Entry levels
- Stop Loss levels and Breakout Style - Set the Fonts and colors of patterns
========ALERT SETTINGS ==========
- Display Alert or Push Notification – Enable or disable Alert or Push Notification
- How many candles are past a pattern – Maximum Number of candles Passed from a pattern to allow alert
- Alert Buffer Size – Maximum save alert to prevent duplicate alerts
- Alert start/end time – Determine trading hours based on the computer clock to activate and deactivate the alarm
Excellent indicator, thank you. I use it to perform my signal strategy.