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Cosmic Diviner Reversal Zone Lite

This multicurrency indicator is the Lite version of the Cosmic Diviner Reversal Zone Pro indicator. The indicator is based on original formulas for analyzing the volatility and price movement strength. This allows determining the overbought and oversold states of instruments with great flexibility, as well as setting custom levels for opening buy or sell orders when the overbought or oversold values of the instruments reach a user-defined percentage.

A huge advantage of Reversal Zone Lite is the REVERSAL ZONE SIDE PANEL, where the user can see the actual information on the overbought and oversold values of the trading instruments, manually set their levels as a percentage to determine the potential market entry points. Users can also specify an additional timeframe. In this case, the information diagram will show the data from two trading periods t the same time. The indicator is equipped with pop-up alerts. If this function is activated, the indicator generates a dialog box with information and overbought/oversold values of the trading instruments. The color scheme of the indicator can be customized using the convenient color palette settings in the "Visualization" tab of the indicator properties window.


Features of strategy

A trade signal is generated when REVERSAL ZONE SIDE PANEL crosses the overbought/oversold levels (marked with yellow lines). When the indicator bands move upwards and cross the marked zone, it means that the market is in the overbought zone. When the indicator bands move downwards and cross the marked zone, it means that the market is in the oversold zone.

  • Recommendation to sell - the REVERSAL ZONE SIDE PANEL diagram is colored red, overbought signal.
  • Recommendation to buy - the REVERSAL ZONE SIDE PANEL diagram is colored green, oversold signal.


Indicator Parameters

  • Entry Level - entry level.
  • Alert - alerts.
  • Enable additional time frame - enable the additional timeframe.
  • Additional time frame - additional timeframe.
  • Color additional time frame - color of the additional timeframe.
  • Width of indicator, Pixel - indicator size in pixels.
Comentarios 4
Fallet Willy
2599
Fallet Willy 2019.04.21 08:35 
 

nice

-dimitror-
955
-dimitror- 2018.08.20 22:50 
 

Very good and useful indicator. Thank you.

Bvankrie
34
Bvankrie 2018.08.06 20:02 
 

I bought the reversal zone lite, works as expected and described with good ratio winning signals.

Satisfied with the support..

Keep up the good work and keep those indicators coming.

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Advanced Currency IMPULSE with ALERT
Bernhard Schweigert
Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta. Con solo un gráfico, da Alertas para los 28 pares de divisas. ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar operaciones potenciales . Esto se debe a qu
78 USD
PipFinite Breakout EDGE
Karlo Wilson Vendiola
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
98 USD
FX Power
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 FX Power is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key Fe
50 USD
Support Resistance screnner
Sayadi Achraf
⭐️   ⭐️   ⭐️   ⭐️   ⭐️     SUPPORT & RESISTANCE SCREENER      ⭐️⭐️⭐️   ⭐️⭐️ A technical indicator that identify support and resistance based price action and supply and demand levels. Important Note :  How to turn your Metatrader to Forex Screener ?   4.1   Trend Screener :   MT4 version   ||   MT5 version   4.2   Trend Line Map :   MT4 version   ||   MT5 version   4.3   Support and Resistance Screener :   MT4 version   ||   MT5 version What makes our Support & Resistance In
49 USD
Bruces Price Predictor
Bruce Webb
*Non-Repainting Indicator Message Me Immediately After Purchase For VIP Installation Help and Free Strategy     Bruce's Price Predictor is an indicator that shows precise price reversals. A great arsenal to add to any chart.  Bruce's Price Predictor points price reversals with high degree of accuracy and it is great for scalping on the 1min time frame, Or swing trading on the 1hr time frame. Buy and sell arrows are shown on the chart as for entry signals. They do not repaint but confirmation ent
50 USD
Blahtech Market Profile
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
95 USD
Trend Screener
Sayadi Achraf
⭐️   ⭐️   ⭐️   ⭐️   ⭐️      Trend Screener   ⭐️⭐️⭐️   ⭐️⭐️ Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool!  Important Note : 1.  Active Signals Performance via       TREND LINE MAP INDICATOR  ( Daily Update )   ►   Click Here 2. Our Trend system composed of 2 Indicators :    2.1      Trend Screener Indicator ,  it will display Market Trend, Trend Line in the chart,Stoploss per signal..etc.    2.2      Trend Line Map Indicator
49 USD
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Bvankrie
34
Bvankrie 2018.08.06 20:02 
 

I bought the reversal zone lite, works as expected and described with good ratio winning signals.

Satisfied with the support..

Keep up the good work and keep those indicators coming.

-dimitror-
955
-dimitror- 2018.08.20 22:50 
 

Very good and useful indicator. Thank you.

Fallet Willy
2599
Fallet Willy 2019.04.21 08:35 
 

nice

8601567
502
8601567 2019.06.17 20:00 
 

In theory, the indicator has potential and I like how it displays two timeframes. But like most indicators, its best information is put out "after" the fact. And I don't see how it helps with a reversal. Also, it has a problem sitting still. It jumps from the right side of the screen to the right center, causing it to cover up the candles. Probably a 2 and a 1/2 star for me, but since that is not offered, I gave a 2

Respuesta al comentario
Versión 1.10 2018.08.16
Optimized settings.