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Extremum Reverse Bar

This indicator has been created for finding the probable reversal points of the symbol price. A small candlestick reversal pattern is used it its operation in conjunction with a filter of extremums. The indicator is not redrawn!

  • If the extremum filter is disabled, the indicator shows all points that have a pattern.
  • If the extremum filter is enabled, the condition works – if the history Previous bars 1 candles back contains higher candles and they are farther than the Previous bars 2 candle, such an input is not considered an extremum. Previous bars 1 and Previous bars 2 are specified in the settings.

It is possible to receive sound and push notifications about the presence of an indicator signal. In order to enable sending messages about the signals to the mobile terminal, set SendNotifications = true, with the MetaQuotes ID configured in advance (read here if you do not know where).

With the default settings, a pink dot shows the assumed reversal bar (Revers bar color), blue and red arrows indicate the expected entries (Bull color and Bear color).


Settings

  • Alerts – enable sound notifications.
  • Send Notifications – enable push notifications.
  • Send Email Notifications - enable email notifications.
  • Extremum filter – enable the extremum filter.
  • Previous bars 1 – the number of candles to check in the filter.
  • Previous bars 2 – the number of candles that must not contain new highs/lows.
  • Bear color – color of the bearish candlesticks.
  • Bull color – color of the bullish candlesticks.
  • Revers bar color – color of the dot that marks a reversal bar.
  • Start Bar – the initial bar for searching, default = 0.
  • Limit Bars (0 = No limit) – the number of bars to check starting from the initial bar, limited to 1000 bars by default. This option slightly reduces the load.

If you need any additional functionality for the indicator, contact me.

Comentarios 7
Aravind
6740
Aravind 2020.11.22 21:11 
 

Simple and good!

Aleksandr Tamonin
4007
Aleksandr Tamonin 2017.08.03 20:31 
 

Хороший индикатор!

Victor Manuel Valderrama Zamora
5135
Victor Manuel Valderrama Zamora 2019.04.19 02:45 
 

thanks for sharing

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⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long
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Currency Strength Exotics
Bernhard Schweigert
CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures . Is first of its kind, any symbol can be added to the 9th line to show TRUE CURRENCY STRENGTH of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your
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Lighthouse
Daniel Stein
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly brok
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Engulfing 13EMA
Janelovey Rongomaiwahine Kappely
Description: The Engulfing 13EMA is a Multi Timeframe Indicator that scans Multiple Symbols which will help you to identify potential trade set ups. As well as Forex, it can scan Crypto, Exotics, Metals, Indices, Energies or what ever else you have in your Market Watch list. You also have the option to enable/disable the time frames you want to scan. (M1,M5,M15,M30,H1,H4,D1,W1,MN1) All of these options are made possible from just ONE chart, from which the Indicator is attached An alert is
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All In One SRES Channel
Synapse Investment Research Group, Inc.
Automate your charting with the All-In-One SRES channel indicator. This is a complete package designed to address 3 questions: (1) when to enter a trade, (2) what is a good exit point, and (3) what is the probabilistic likelihood of success of the trade. Longevity and Flexibility : The All-In-One SRES calculates and charts S upport, R esistance, E xpected range, and a S queeze channel, and is enormously flexible for many trading strategies. Each option is customizable to fit your strategy, and c
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Filtro:
Aleksandr Tamonin
4007
Aleksandr Tamonin 2017.08.03 20:31 
 

Хороший индикатор!

Gennadiy Voltornist
12021
Gennadiy Voltornist 2017.10.22 19:40 
 

El usuario no ha dejado ningún comentario para su valoración

Andrey Litvichenko
7659
Andrey Litvichenko 2017.10.29 05:12 
 

El usuario no ha dejado ningún comentario para su valoración

AlexanderSh
146
AlexanderSh 2017.11.13 15:25 
 

El usuario no ha dejado ningún comentario para su valoración

Tim Eubanks
5552
Tim Eubanks 2018.03.16 01:47 
 

This is an 50/50 coin flip indicator.

Victor Manuel Valderrama Zamora
5135
Victor Manuel Valderrama Zamora 2019.04.19 02:45 
 

thanks for sharing

Aravind
6740
Aravind 2020.11.22 21:11 
 

Simple and good!

Respuesta al comentario
Versión 1.1 2019.08.24
Email notification has been added, as well as a sound alert has been fixed so that it does not give unnecessary signals.