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Bounce Zone MT5

4
Introduction

The Bounce Zone indicator is a cutting-edge non-repainting technical tool built to identify key areas on the price chart where market sentiment is likely to cause a significant price reversal. Using advanced algorithms and historical price data analysis, this indicator pinpoints potential bounce zones. Combined with other entry signal, this indicator can help forex traders place the best trades possible


Signal

A possible buy signal is generated when price is in the green zone and moving average is trending up or market is ranging

A possible sell signal is generated when price is in the red zone and moving average is trending down or market is ranging
Avis 6
Marcos Reis
60
Marcos Reis 2023.12.26 12:12 
 

Very good indicator, what is the use of the blue line?

Anatoliy Masorin
179
Anatoliy Masorin 2023.11.08 11:04 
 

Отличный помощник в принятии решений!

Wayne Cloete
88
Wayne Cloete 2023.08.15 15:26 
 

perfect wow

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Marcos Reis
60
Marcos Reis 2023.12.26 12:12 
 

Very good indicator, what is the use of the blue line?

Nguyen Thanh Cong
18303
Réponse du développeur Nguyen Thanh Cong 2023.12.26 15:40
Hi there, thanks for your review. For you question, the blue line can be used as a center where price is likely to return to after hitting the red or green zone
pino
76
pino 2023.12.16 14:30 
 

It's not a miracle indicator, but with its default settings, it's not bad at finding consolidation, breakout and reversal points (unlike more traditional indicators that detect supports and resistances, some of which are cumbersome to calculate and display over several time horizons). Personally, I use it for trend-following combined with divergences, and find its most appropriate use is for time units between 15 min and 4 h. Good work.

Nguyen Thanh Cong
18303
Réponse du développeur Nguyen Thanh Cong 2023.12.17 01:53
Thanks for your detailed review
mohamad.H Valipour
295
mohamad.H Valipour 2023.12.15 00:44 
 

not good

Nguyen Thanh Cong
18303
Réponse du développeur Nguyen Thanh Cong 2023.12.15 13:23
Hi there, please let me know what made you think the indicator was bad, any opinion will help to make the tool better for everyone
Anatoliy Masorin
179
Anatoliy Masorin 2023.11.08 11:04 
 

Отличный помощник в принятии решений!

Nguyen Thanh Cong
18303
Réponse du développeur Nguyen Thanh Cong 2023.11.08 11:40
Thanks for your wonderful review
ravi2020-try-new
64
ravi2020-try-new 2023.09.12 12:31 
 

I am trying to use it for some future charts. It seems to show good values for Zones. I think I can depend on it . Still testing. But first impression is good

Nguyen Thanh Cong
18303
Réponse du développeur Nguyen Thanh Cong 2023.09.12 15:26
Thanks for your review
Wayne Cloete
88
Wayne Cloete 2023.08.15 15:26 
 

perfect wow

Nguyen Thanh Cong
18303
Réponse du développeur Nguyen Thanh Cong 2023.08.15 15:40
Thanks for your kind review
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