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Royal Reversal Arrow NonRepaint MT4

3

This is a Non-Repaint Reversal Indicator that will send you an Alert when the signal Appears
alerts are done by Mobile, Push notification, Desktop Notification, Email Notifications

The indicator can be used on all Time Frames 

A reversal non-repaint indicator arrow is a technical analysis tool used to identify potential trend reversals in financial markets. The arrow represents a signal that traders can use to enter or exit positions based on the direction of the arrow.

The term "non-repaint" means that once the arrow appears on a chart and the candle has closed, this nonrepaint reversal arrow is delayed to make sure the confirmation is true, it will not disappear or change position. This is important because some indicators may repaint, which means that they will change position after the fact, making it difficult for traders to accurately interpret signals.

When a reversal non-repaint indicator arrow appears, it typically signifies a change in momentum or trend direction. Traders will often use other technical analysis tools, such as moving averages or support and resistance levels, to confirm the signal before entering or exiting a trade.


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Filtrer:
Carl Rodriguez
784
Carl Rodriguez 2023.09.14 20:07 
 

In the spirit of DISCLOSURE, the arrow is delayed by 1-bar.

Richard Louis Pastor
12082
Réponse du développeur Richard Louis Pastor 2023.09.15 06:51
yes i updated product description , i delay by one bar for hard confirmation so that the arrow is more accurate, if you don't delay by 1 bar what ends up happening is that you would see both buy and sell arrows on one candle , so to overcome that happening it has to be delayed by 1 bar.
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