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Reversal Area Indicator

5

REVERSAL AREA INDICATOR 


This Indicator will generate signals on top and bottom of the swings .



It will check for some support and resistance found and generate the signals at such areas.
There is high probability of the price moving in favorable directions as they are signals when there is support and resistance .
The advantage is that the entries will have small stop loss and high risk to reward ratios as they are near tops and bottoms.
1.       This is an indicator that will provide logical entries,
2.       Its all parameters for signals can be set as per required style of trading
3.       The System Is well Optimized for 1 Minute charts and 5 Minute charts , where very few signals come , but can be used on any time frames 
4.       It is based on Levels as filter so The ENTRIES ARE BACKED BY ROBUST LEVELS.
5.      Can provide very less signals even on highly volatile days 
6.       Very Good REENTRY MECHANISM - for REENTRY SIGNALS AT TREND DIRECTION

INPUTS 

ENTRY SETTING PARAMETERS
EntryAlerts = true
KPeriod = 21; 
DPeriod = 12;
Slowing = 3;
method = 0;
price = 0;
äëÿ_WPR = "";
ExtWPRPeriod = 14;
ZoneHighPer = 70.0;
ZoneLowPer = 30.0;
modeone = false;( BAR CLOSE  )
PlaySoundBuy = true;
PlaySoundSell = true;
FileSoundBuy = "analyze buy";
FileSoundSell = "analyze sell";   
ZONE SETTINGS;
BackLimit - default is 10 000. Check the past bars for formations.
Time Frame - M15 (default is 15 min).timeframe for the zone. 
M1 to Month
ZONES_COLOR;
color_support_possible - DarkSlateGray.
color_support_untested -  SeaGreen.
color_support_verified -  Green.
color_support_weak -  LimeGreen.
color_support_turncoat -  OliveDrab.
color_resist_possible -  Indigo.
color_resist_untested -  Orchid.
color_resist_verified -  Crimson.
color_resist_weak -  is Red.
color_resist_turncoat -  DarkOrange.
color_broken_weak -  DarkGray.
color_broken_verified -  Gray.
color_broken_other - DimGray.
ShowRectangle=true ( the zone boxes of support and resistances )
SHOW_ZONES; ( AS PER SELECTION OF THE ZONE QUALITY - THE SIGNAL WILL BE SHOWING AS PER THAT )
zone_show_untested -  false.
zone_show_verified -  true.
zone_show_turncoat -  true.
zone_show_weak -  false.
zone_show_possible -  true.
zone_showbroken -  false.
ZONE_FRACTALS;
zone_fuzzfactor - default is 0.5.
STYLE_ZONES;
zone_merge -  true. The zones get merged.
zone_extend - false. The zones will extend to the latest bars.
zone_solid -  true. Fills the color.
zone_linewidth -  1. Zone thick.
zone_style -  0.  zone areas.
extend the end of zones 3 bars beyond last bar -  3.
zone_limit -  1000.  the zone extended limit.
zone_show_info -  true. Zone statistics.
zone_show_size -  true. Zone Size.
zone_label_shift -  3.  text info labels.
color_label - White. Label color.
font_label -  Courier New. Label font.
size_label -  9. Label size.
fractals_show - default is false. True 
fractal_fast_factor - default is 3.0.
fractal_slow_factor - default is 6.0.
ZONE_ALERTS;
 
zone_show_alerts -  true.
zone_alert_popups -  true.
zone_alert_sounds -  true.
send_email -  false.
use_push -  false.
zone_alert_waitseconds -  300. Delay set between alerts repeats.
ZONE_ALERTS_FILTER;
filter_zone_alert - true.  apply the filters to the alerts.
filter_MA -  true.  apply the filter.
TF_MA -  60.  timeframe for filtering the alerts.
MA_FAST_PERIOD -  13. Period used for the filter.
MA_FAST_METHOD -  1. like SMA, EMA, WMA.
MA_SLOW_PERIOD - 48. filter Period.
MA_SLOW_METHOD -  1.


ZONES_GLOBAL_VAR;
SetGlobals -  false. 
ZONES_TESTING_MODE = "==========ZONES TESTING==========";
TRUE == scrolling the chart back Displays PAST zones= false.
Show button to switch Testing mode false - 
Position of this button = 10.
TestingBtnY = 120.

Comentarios 2
lauro1956
4732
lauro1956 2023.12.22 09:27 
 

Very reliable reversal indicator... few signals but good

Juan Feliciano
1722
Juan Feliciano 2023.01.06 03:16 
 

Reliable indicator. Good author communication

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Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
This indicator is based on the Gann Signal indicator and acts as a market scanner. All you need to do is fill in the selected currency pairs in the settings and that’s it. Next, the indicator itself will view all these currency pairs and time frames from M5 to D1 simultaneously. When a new signal appears, the indicator will give you an Alert and also draw the letter N where this new signal will be.
Delta Pro Scalper - Your Ultimate Trend Trading Solution, Delta Pro Scalper is a TREND indicator that automatically analyzes the market and provides information about the trend without redrawing or delay.  The indicator uses candlestick OHLC data and analyzing them to determine up trend or down trend, You MUST wait till closing candle, once the dot appear the next open candle you can open buy or sell position. Red Dot = Bearish Trend (Open SELL) Yellow Dot = Bullish Trend (Open BUY) Here's t
GOLD Impulse with Alert
Bernhard Schweigert
4.56 (9)
Este indicador es una super combinación de nuestros 2 productos Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . ¡Funciona para todos los marcos de tiempo y muestra gráficamente el impulso de fuerza o debilidad para las 8 divisas principales más un Símbolo! Este Indicador está especializado en mostrar la aceleración de la fuerza de la divisa para cualquier símbolo como Oro, Pares Exóticos, Materias Primas, Índices o Futuros. Es el primero de su clase, cualquier símbol
NAM Order Blocks
NAM TECH GROUP, CORP.
5 (1)
Indicador de detección de Order Blocks multitimeframe para MT4. Características - Panel de control totalmente personalizable, proporciona una interacción completa. - Oculta y muestra el panel de control donde quieras. - Detecta OB en múltiples marcos de tiempo. - Permite seleccionar la cantidad de OB para mostrar. - Interfaz de usuario de diferentes OBs. - Diferentes filtros de OBs (regulares, rejection y sin capitalizar). - Alerta de proximidad de OBs. - Líneas ADR High y Low. - Servicio de not
Dynamic Forex28 Navigator: la herramienta de trading de Forex de última generación. ACTUALMENTE CON UN 49 % DE DESCUENTO. Dynamic Forex28 Navigator es la evolución de nuestros indicadores populares de larga data, que combina el poder de tres en uno: Indicador avanzado Currency Strength28 (695 reseñas) https://www.mql5.com/en/market/product/13948 + Indicador avanzado Currency IMPULSE con ALERT (520 reseñas) https://www.mql5.com/en/market/product/18155 + Señales combinadas CS28 (bonificación).
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
Por supuesto, aquí tienes la traducción al español: Presentamos el Indicador de Astronomía para MT4: Tu Compañero Celestial Definitivo en el Trading ¿Estás listo para elevar tu experiencia de trading a alturas celestiales? No busques más allá de nuestro revolucionario Indicador de Astronomía para MT4. Esta innovadora herramienta trasciende los indicadores de trading tradicionales, aprovechando el poder de algoritmos complejos para proporcionarte una visión astronómica sin igual y cálculos de pre
Otros productos de este autor
Multi-Time-Frame-Multi Currency Signals Dashboard Indicator It is an Advanced multi-utility dashboard which works with full customization of signal settings and graphical interface. It works with Multi Symbols and Multi-Time frames from 1 SINGLE CHART TEMPLATE. It will automatically open the charts where the latest signals had formed- showing the important levels (Entry, Targets, Stop Loss) Many types of sorting methods for the scanner. A robust ENTRY based on  TREND OF MULTI-TIME FRAMES ( Co
Trend Line Chart Pattern Signals  Is a traders Tool for Signals based on Strong  Patterns Formed By a pair of robust trend lines. They FOR WITH DIFFERENT POPULAR PATTERNS ON CHARTS LIKE – TRIANGLES, FLAGS,RANGE , ASCENDING TRIANGLES, DESCENDING PATTERNS, PENNANTS ETC. The TREND LINES  form  dynamically  on running bars. The  sensitivity  of the trend lines can be changed by custom settings. The  Buy and Sell Signals Generate upon Break Of the Trend Line + "Close" of the same bar above the previo
SCALP ARROW EXIT SIGNALS PLEASE REFER THE COMMENTS AREA - HOW THE SIGNALS CAN BE MADE BETTER QUALITY USING RENKO CHARTS  IF YOU REQUIRE THE RENKO CHARTS DO LET ME KNOW , WILL HELP Indicator is a professional tool for guiding reliable entries, exits, reentries, and RETRACEMENT entries and pull back entries. It is a complete blackbox system and can be used to get signals for any instrument and any time frame. The indicator generates signals, alerts - ENTRY -EXIT . Its can be used to scalp -
Multi Trend Buy Sell Signal WITH TREND DASHBOARD The indicator Generates Entry Signals WITH ALERTS based on the combination of Multi Time Frame conditions of 1 set of moving average and 2 sets of MACD . The importance of the 2 sets of MACD is for using it as a confirmation filter so that the trades generated are those with stronger movement.  For example, if in a sideways market the MACD of M5 charts is showing a downtrend but the higher time frame of the M 15 charts is indicating an uptren
Multi Currency Strength Dashboard Scalper SCALP SIGNALS BASED ON THE ANALYSIS OF THE STRENGTH OF THE CROSS CURRENCY PAIRS- MAKES THE SIGNALS STRONG Indicator Dashboard- calculates the strength of all markets , currency pairs , commodities . Using a proprietary logic. This data can be used to judge and take decisions whether to buy or sell them. If the particular market is strong means it is bullish , and also the related pair of that market is strong then it will be highly probable that t
Scalp and Swing Signals
Shiffolika Kapila
4.5 (2)
Scalp SWING indicator. It works on any time frame and Instruments It works on trending and ranging markets. The signals are robust and does not repaint. The system is robust and requires no supporting indicator. You don’t need any multiple indicators to trade the markets. The alerts/ notifications can be enabled to gain prompt entries. The entries are at Top and Bottom of Trend Cycles It is Very accurate and robust system- yet extremely simplified tools for the pro traders. Sc
Top and Bottom Scalper  BINARY AND FOREX   The signals indicate strong reversal points (Tops/bottoms)- The indicator gives accurate signals on any currency pairs and instruments. It also has a setting for adjusting the frequency of the signals. It is further strengthened and made robust by the support and resistance zones. There are different qualities of zones as per robustness. Inputs ZONE SETTINGS;  BackLimit - default is 10 000. Check the past bars for formations.  First Time Fram
Dual Trend Scalper  Advantages You Get  Easy, visual and effective trend detection. you can find the IMPULSE COLOR PANEL FOR QUICK TREND DETECTION  Gives you the ability to filter and further improve your trading strategies. YOU HAVE TREND DETECTION IMPULSE FILTER , AS WELL AS 2 LEVELS OF SUPERTREND.  Enhanced statistics calculation following the entry point, take profit and exit signal. ENTRY CAN BE AS PER VARIATION OF SETTINGS AND PARAMETERS, SL AND TARGETS ALSO CAN BE ADJUSTED  Neve
REVERSAL SIGNALS SCALPER SCANNER  Indicator is a multi purpose tool and very useful to know the EXTREME TURNING POINTS of any pair / stock/ commodity. The extreme levels can be input and it will show you when those levels have reached . So that you can plan your EXTREME REVERSAL TRADES . It is a MULTI TIME FRAME TREND ANALYSIS TOOL AND IT WILL suggest probable changes in the trend and swing . It is very useful for day trading , scalping, and swing trading . SPECIAL FEATURE - CLICK ON THE RE
THE SCALPER SIGNALS BUY AND SELL ENTRIES / REENTRIES , BASED ON THE PRICE ACTION OF BARS  IT HAS MULTIPLE MODES AS SELECTED , Which will provide  different price action signals . The Signals are further filtered using Higher Time Frame Trend Analysis. For Example - (1) The Signals Of reversal points entries of the Higher Time frame can are plotted over any lower time frame , Giving robust signals        (2) The Signal Of Lower time Frame - plotted only when the higher time frame is also in th
Scalper Signals Trader Best and simple Indicator for clear and safe entry and exits. Predefines- multiple targets and stop loss, as per risk reward ratios Signals can be set – based on aggressive or safe algorithm Aggressive entries are also profitable but are raw signals without checking the higher time frame trends Safe entry meanwhile will check if the lower and the higher time frame are both in same direction, thereby having lesser trade entries and more quality. The very robust macd le
Smart Multi Systems 21 STRATEGIES  IN 1 INPUT  FileComment = "";- trade log file  EntryOnly = false;-  "TRUE"- SIGNAL TO SIGNAL MODE Can Exit by Opposite Signal = false;  IndicatorAlerts = false;-  EntryAlerts = true; ExitAlerts = true; Reentry=false( ENABLE reentries) ENTRY SETTING PARAMETERS EntryStyle = EP-SIG+Rev Alert ( 21strategies ) ExitStyle = Rev Alert  ( 8  EXITS strategies )  ENTRY and EXIT SETTINGS =====  KPeriod = 100;   DPeriod = 12;  Slowing = 3;  method = 0;  price = 0;
HNI-SCALP-SWING indicator Indicator can be used for trading with agGressive or safe signals It has a HIGHER TIME FRAME FILTER that can be adjusted to suit the quality of signals  The Entry signals are confirmed with a higher time frame filter . It can be used on any time frames from the smallest to the Highest It can generate signals on the opening and running bar or ON THE CLOSE OF THE BAR - as per the signal setting  PARAMETERS TimeFrames  =  PERIOD_CURRENT; //TimeFrames TimeFrame = Tim
COMPLETE VISUAL TRADING SYSTEM WITH THE BUY SELL SIGNALS - USING  MULTI TIME FRAME TREND ANALYSIS TREND STRENGTH POWER SIGNALS DASHBOARD. TRADE INTRADAY, SHORT OR MEDIUM OR LONG TIME FRAME . ALL THE SIGNALS WITH A MULTIPLE TIME FRAME TREND CONFLUENCE - INDICATES A STRONG MOVE AND CAN BE EASILY TRADED AS HIGH PROBABILITY TRADES. COMPLE TRADING SYSTEM - WITH THE LOGICAL ENTRY , TARGETS AND STOP LOSS . THE ALERTS ON THE DISPLAY SIDE OF THE ALERTS PANEL AREA , WILL INDICATE CLEARLY ALL T
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lauro1956
4732
lauro1956 2023.12.22 09:27 
 

Very reliable reversal indicator... few signals but good

Juan Feliciano
1722
Juan Feliciano 2023.01.06 03:16 
 

Reliable indicator. Good author communication

Shiffolika Kapila
1458
Respuesta del desarrollador Shiffolika Kapila 2023.01.06 07:44
Thanks For The appreciation
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