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Royal Reversal Arrow NonRepaint MT4

3

This is a Non-Repaint Reversal Indicator that will send you an Alert when the signal Appears
alerts are done by Mobile, Push notification, Desktop Notification, Email Notifications

The indicator can be used on all Time Frames 

A reversal non-repaint indicator arrow is a technical analysis tool used to identify potential trend reversals in financial markets. The arrow represents a signal that traders can use to enter or exit positions based on the direction of the arrow.

The term "non-repaint" means that once the arrow appears on a chart and the candle has closed, this nonrepaint reversal arrow is delayed to make sure the confirmation is true, it will not disappear or change position. This is important because some indicators may repaint, which means that they will change position after the fact, making it difficult for traders to accurately interpret signals.

When a reversal non-repaint indicator arrow appears, it typically signifies a change in momentum or trend direction. Traders will often use other technical analysis tools, such as moving averages or support and resistance levels, to confirm the signal before entering or exiting a trade.


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Automatically draw support and resistance levels PLUS propulsion candle gaps on your chart, so you can see where price is likely to head next and/or potentially reverse. This indicator is designed to be used as part of the position trading methodology taught on my website (The Market Structure Trader) and displays key information for targeting and potential entries. MT version available here:  https://www.mql5.com/en/market/product/97973 There are 2 CORE features in the indicator and 4 additiona
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Bollinger Bands is a popular technical analysis tool used by many traders in the Forex market. It was created by John Bollinger, and it consists of three lines that are plotted on a price chart. The middle line is a simple moving average, typically of 20 periods, and it represents the trend direction. The upper and lower bands are two standard deviations away from the middle line, and they represent the volatility of the asset being traded. What makes Bollinger Bands a powerful tool is its abili
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Carl Rodriguez
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Carl Rodriguez 2023.09.14 20:07 
 

In the spirit of DISCLOSURE, the arrow is delayed by 1-bar.

Richard Louis Pastor
12091
Reply from developer Richard Louis Pastor 2023.09.15 06:51
yes i updated product description , i delay by one bar for hard confirmation so that the arrow is more accurate, if you don't delay by 1 bar what ends up happening is that you would see both buy and sell arrows on one candle , so to overcome that happening it has to be delayed by 1 bar.
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