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Universal Reversal MT5

The indicator calculates reversal points based on the past trend and forms a channel (outer) on this basis. This elapsed time span from which the reversal points are determined can be specified in the settings.

An inner channel is also drawn in white. The trend continues in this channel, if there is a sideways trend. Here the upper / lower line form the possible turning point.

The indicator is suitable for all trading areas, whether forex, crypto, metals, indices or futures. All areas traded in Metatrader 4/5 are covered by the indicator. All timeframes are also supported. Whether scalping, day trading or interday trading, the indicator is suitable for every type. And with the built-in alarm function, no trade will be missed.

These channels can be used for reversal / trending strategies. Ideally with the help of the stochastic indicator or another preferred indicator. A combination of two indicators provides a solid foundation for trading.



Reverse Channel

The following values are recommended:

Currency Average Value  Check history bars MA Period Divide Lines
Forex (EUR/USD...)
6 - 10
1000
100
2,5 - 3
Metal (XAU/USD...)
2 - 5 
1000
100
2 - 2,5
Crypto (BTC/USD...)
2 - 5 
1000
100
2


Average Value
This value defines the number of reversal points. The higher this number, the narrower the reverse channel. Depending on what is being traded, this value should be increased or decreased.

Check history bars

The number of historical candles that will be used to draw the Reversal Channel.

Divide Lines
The user entered the factor by which the value of the outer channel is divided. The trend channel is drawn on the basis of this.


Individual channel
If an individual channel is preferred, the value can be entered in section 2. The value "0" automatically determines the channel on the basis of the historical candles and the reversal points. All other values generate an individual channel.
The reversal / trend channel can be shown / hidden with the parameters specified in section 3.



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Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. A
SpinSpike Detector is an amazing New Deriv MT5 indicator on the Market which detects Spikes and Crashes on Boom and Crash pair with more than 90% Accuracy . This indicator will give alerts before a spike or a crash so that you get ready to strike. The Indicator will only work for Boom and Crash pairs and will not work on any pair and it will give errors. This is a  Non-Lag  Indicator as witnessed by its stagnant arrows on chart which do not move. You can scalp all the day with this wonderful ind
Volume Profile MT5
Mihails Babuskins
5 (3)
Contact me after payment to send you the User-Manual PDF File. Volume Profile Indicator A functional and useful tool that can improve your trading plan. This indicator calculates volume in price levels(typical volume indicator shows only candle volumes). With the volume of price levels, you can identify important areas that have the potential to reverse. You can also see the volume of support and resistance levels and decide on them. Using volume profiles along with   Price Action   and  
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The indicator calculates reversal points based on the past trend and forms a channel (outer) on this basis. This elapsed time span from which the reversal points are determined can be specified in the settings. An inner channel is also drawn in white. The trend continues in this channel, if there is a sideways trend. Here the upper / lower line form the possible turning point. The indicator is suitable for all trading areas, whether forex, crypto, metals, indices or futures. All areas trade
This indicator shows you the higher high and lower low of a certain period of time. It is easy to use - select your desired time frame (current, 15Min, 1H, 1D) and the corresponding number of candles. The indicator measures the highest and lowest point within the specified range and automatically draws the two corresponding lines. The design of the lines is up to you! Should the trend break one of the drawn lines with a closed candle, a message will be sent to you by the built-in alarm f
The Universal Reversal EA is based on a reversal/pullback strategy of the current trend. Due to the wide range of applications, the EA can operate as a stand-alone EA, or due to the low risk settings, serve as a supplement to an existing trading setup. The solid backtests of more than 10 years show the durability of the EA under various market situations and global economic crises. The setting file can be found here   (Comments #1) .   Further explanations are below the settings. Universal Rev
This indicator shows you the higher high and lower low of a certain period of time. It is easy to use - select your desired time frame (current, 15Min, 1H, 1D) and the corresponding number of candles. The indicator measures the highest and lowest point within the specified range and automatically draws the two corresponding lines. The design of the lines is up to you! Should the trend break one of the drawn lines with a closed candle, a message will be sent to you by the built-in alarm f
The Universal Reversal EA is based on a reversal/pullback strategy of the current trend. Due to the wide range of applications, the EA can operate as a stand-alone EA, or due to the low risk settings, serve as a supplement to an existing trading setup. The solid backtests of more than 10 years show the durability of the EA under various market situations and global economic crises. The setting file can be found here (Comments #1) .   Further explanations are below the settings. Universal Reve
RMI Indicator
Matthias Effler
3 (1)
The underlying strategy of this indicator is based on identifying momentum in the market and attempting to capture the direction of the trend through transitions between bullish and bearish moments. Utilizing bands around the RWMA allows for identifying potential overbought and oversold situations in the market. 1. Calculation of the Range Momentum Index (RMI): The RMI is based on a combination of the Relative Strength Index (RSI) and the Money Flow Index (MFI), both of which are momentum ind
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Version 1.1 2021.12.21
Integration of:
- the trend channel
- the possibility to show and hide the trend channel and reversal channel separately
- minor bug fixes

Check out the product page more details