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Reversal Master

4.92

The Reversal Master is an indicator for determining the current direction of price movement and reversal points. The indicator will be useful for those who want to see the current market situation better. The indicator can be used as an add-on for ready-made trading systems, or as an independent tool, or to develop your own trading systems.

The Reversal Master indicator, to determine the reversal points,  analyzes a lot of conditions since the combined analysis gives a more accurate picture of the market situation. The indicator analyzes Price Action patterns, the volume, and average range of movement of a trading instrument, as well as overbought and oversold levels.


Features of the Reversal Master indicator:

  • The indicator automatically determines the points of a trend reversal
  • The indicator is suitable for any instruments: currency pairs, indices, commodities, and binary options
  • The indicator automatically displays the potential profit for each position (Show Statistic Mode)
  • The indicator works on any timeframe
  • The indicator signals can be used for scalping and intraday strategies, as well as for long-term trading
  • The indicator is suitable for professionals and beginners
  • The indicator has built-in filters to filter out market noise
  • The indicator does not repaint its signals: the signal is sent strictly at the close of the bar, does not disappear and is not recalculated
  • The indicator can be used for developing Expert Advisors (EAs)

Parameters of the Reversal Master indicator:


>>>>>>>  MAIN SETTINGS  <<<<<<<

Select Indicator Mode - indicator operation mode:

  • Work Mode-1 - the previous version (v1.5 and lower) operating mode (with a different algorithm for calculating trend reversal points)
  • Work Mode-2 - the new version (v2.0 and higher) operating mode

Sensitivity (for Mode-1) - sensitivity setting for Mode-1

Show Statistic (for Mode-2) - displaying potential profit for each position for Mode-2

Bars for Count - the number of bars to calculate. If 0, the calculation is made for the entire available history. For weak computers, I recommend limiting this parameter to 5000 bars or less


>>>>>>> ALERT SETTINGS <<<<<<<

Sound Alert – activating the Sound Alert.

Sound File Name – sound file name in WAV format that will be played when a Sound Alert is activated. Must be located in the folder /Terminal/Sounds…

PopUp Alert – activating a Pop-Up message when a signal appears.

Push Notifications - activating Push notifications when a signal appears.

Email Notification - sending an Email message when a signal appears.


>>>>>>> COLOR SETTINGS <<<<<<<

Select Color Theme - selecting the color scheme of the indicator. (Off / Light Theme / Dark Theme)

Custom Colors Settings (if Select Color Theme = Off) - Profit Line Color / Loss Line Color / Profit Line Background Color / Loss Line Background Color


>>>>>>> ARROW SETTINGS <<<<<<<

Draw Arrow - enable the signal arrows indication on the main chart (Off / Arrow Type = 1 / Arrow Type = 2 / Arrow Type = 3)

Arrow Size - Arrow Size = 1 / Arrow Size = 2 / Arrow Size = 3 / Arrow Size = 4

Buy Arrow Color

Sell Arrow Color



Code to use in the Expert Advisor:

int Up = iCustom(Symbol(),Period(),"ReversalMaster",0,1);

int Dn = iCustom(Symbol(),Period(),"ReversalMaster",1,1);

The following values are read from the first (already closed) bar:


Buffer 0 - for Buy Signals

(0) - No Signal

(-1) - Buy Signal


Buffer 1 - for Sell Signals

(0) - No Signal

(1) - Sell Signal


The main task of the indicator is to display the already formed reversal points and not try to take the entire price movement from its very beginning. This algorithm was chosen to minimize the risks of false entries.

Built-in statistics allow us to see the potential profit for each position in history, showing the difference between the entry point and the price extremum formed before the opposite signal appears.

Negative trades are considered simplified when the opposite signal appears. You can fix losses using your own strategy.

Don't forget to upload historical data for the analyzed trading instrument!

Before buying, be sure to test the demo version of the indicator to determine whether it fits your trading style! I will be grateful for your Reviews!

Recensioni 14
Malina2306
107
Malina2306 2024.01.06 15:17 
 

This indicator is insane. It predicts large trends almost at the perfect beginning. I noticed a bug on the Indicator and the Author provided me within hours a solution. That's customer support i never seen before. Deserved 5 stars!

Stanislav PorochencoQwE123!!
36
Stanislav PorochencoQwE123!! 2023.04.07 19:07 
 

Очень редкие убыточые сигналы! Но и их можно отсеивать. Это ГРААЛЬ.

kemdo2000
351
kemdo2000 2023.01.16 11:40 
 

I just bought this indicator and so far it is working excellently fine. However, it will work much better if the developer could include something that will indicate change of trend when the trendline is exhausted

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Presentazione del       Grafici   Quantum Heiken Ashi PRO Progettate per fornire informazioni chiare sulle tendenze del mercato, le candele Heiken Ashi sono rinomate per la loro capacità di filtrare il rumore ed eliminare i falsi segnali. Dì addio alle confuse fluttuazioni dei prezzi e dai il benvenuto a una rappresentazione grafica più fluida e affidabile. Ciò che rende il Quantum Heiken Ashi PRO davvero unico è la sua formula innovativa, che trasforma i dati tradizionali delle candele in barre
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Tibor Rituper
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L'indicatore EZT Trend ti mostrerà la tendenza, il pullback e le opportunità di ingresso. Sono disponibili filtri opzionali e tutti i tipi di avvisi. Vengono aggiunti avvisi tramite posta elettronica e notifiche push. Stiamo anche sviluppando un EA basato su questo indicatore, che sarà presto disponibile. È un indicatore multifunzionale composto da due istogrammi di colore e una linea. È una rappresentazione visiva della direzione e della forza di un trend, inoltre troverai divergenze molte v
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Welcome to the world of SMC (Smart Money Concepts) Trading, where we empower traders with the tools and knowledge to make smarter trading decisions. Our latest addition to our suite of trading tools is the SMC Trading Pro indicator, version 1.0. Key Features: Major Market Structure Identification with BODY break. Order Block must be in Major Swing ( not Small Swing ). Order Block with Fair Value Gap Detection. Order Block in Discount | Premium zone. Filter for only Bullish, Bearish or All Order
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Smart Ai Levels  Accumulation & Distribution indicator Smart Ai Levels are Ai controlled indicator which is based on Wyckoff Price cycle theory . It automatically scans the Accumulation & Distribution phases on chart and Ai draws the possible areas before Mark up and Mark down which acts as hot zones and can be traded with confirmation to catch those big price movements . It's a great tool for both Reversal and Breakout Trades suitable to all Trading Styles such as Scalping - Intraday - Swing 
NO REPAINT ADVANCED CHART PATTERN INDICATOR By definition, a price ( chart)  pattern is a recognizable configuration of price movement that is identified using a series of  trendlines  and/or curves. When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause. Advanced Chart Pattern Tracker is designed to find the MOST ACCURATE patterns. A special script is
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Alexey Minkov
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An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate their statistics and profitability. Scalper Inside
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Alexey Minkov
4.48 (27)
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Alexey Minkov
4 (4)
The Color Trend FX indicator shows on the chart the accurate market entry points, accurate exit points, maximum possible profit of a deal (for those who take profit according to their own system for exiting deals), points for trailing the open positions, as well as detailed statistics. Statistics allows to choose the most profitable trading instruments, and also to determine the potential profits. The indicator does not redraw its signals! The indicator is simple to set up and manage, and is sui
Filtro:
Malina2306
107
Malina2306 2024.01.06 15:17 
 

This indicator is insane. It predicts large trends almost at the perfect beginning. I noticed a bug on the Indicator and the Author provided me within hours a solution. That's customer support i never seen before. Deserved 5 stars!

Stanislav PorochencoQwE123!!
36
Stanislav PorochencoQwE123!! 2023.04.07 19:07 
 

Очень редкие убыточые сигналы! Но и их можно отсеивать. Это ГРААЛЬ.

Ahmet altuğ
59
Ahmet altuğ 2023.03.15 21:18 
 

Hello alexey, first of all thank you for the indicator, but although it is said that it is not repainted, I witnessed that some arrow signals disappeared when I renewed my chart, what is the reason for this?

Alexey Minkov
11197
Risposta dello sviluppatore Alexey Minkov 2023.03.16 09:11
Hello Ahmet. Thanks for your kind words. In general, of course, questions about the work of the indicator are better to ask me in private messages, not in reviews. The indicator signals for buying and selling are what is in the sub-window (under the price chart) – blue and red vertical levels. These signals do not repaint, don't worry. The specifics of the indicator's work is that it displays the maximum potential profit of the position and, as for the current position, of course it moves following the price and changes its values. The indicator finds the entry point and then moves the value to the maximum for buying (or minimum for selling) price peak. Thus, the indicator displays the maximum potential of the current position. And for the profit taking I recommend using strong levels. I sent you examples in personal messages.
kemdo2000
351
kemdo2000 2023.01.16 11:40 
 

I just bought this indicator and so far it is working excellently fine. However, it will work much better if the developer could include something that will indicate change of trend when the trendline is exhausted

GregTrader1
65
GregTrader1 2022.09.07 20:02 
 

Very good indicator

hamels16
260
hamels16 2020.11.28 08:28 
 

great support and good indicator!!!!

Cengiz Erkoyuncu
2717
Cengiz Erkoyuncu 2020.10.23 08:38 
 

Wonderful indicator.

RDI
1482
RDI 2020.10.08 19:35 
 

Great Job . Thanks for your effort Alexey!!

Emrah Oz
305
Emrah Oz 2020.10.06 12:52 
 

Indicator is very good with my strategy. Combined with a multi time frame trend indicator and my backtests had a very good win loss ratio. Doesnt give so much signals which is good. To get more signals all you need to do is adding more pairs. Im getting around 10 signals a day after adding 12 pairs. And gold is interesting with this indicator. And.. about author, respectful and eager to further developing the indicator. I had a few requests and he wrote the next day that he will make them happen in a few days. So, everything is great until now.

Wolfgang Rockert
2263
Wolfgang Rockert 2020.09.26 23:40 
 

Very good Indicator, use them with your Strategie ... Clear Buy!!

PRECIZIONE
59
PRECIZIONE 2020.03.07 17:43 
 

The version 2.0 completely changed my look of this indicator! The signals seem much more reliable and the visuals of profit and loss are just great! Great addition would be the ability to see historical profit and loss and also suggestions for TP and TL similarly like in Infinity Trendline PRO. Great work!

Yohana Parmi
11147
Yohana Parmi 2020.02.16 09:39 
 

The day after I learned it, -- I knew how to use this indicator.

If people know how to use it, then more than a thousand people will buy it immediately

-- without having to think too much.

KonradBi
68
KonradBi 2018.04.03 10:33 
 

Great Product

pinijota
57
pinijota 2018.01.11 20:20 
 

Good indicator, as more volatile is the currency pair better

Rispondi alla recensione
Versione 2.91 2024.01.08
▪ Fixes in the indicator code
Versione 2.9 2023.08.31
▪ Improvement of the signal filter module

▪ Fix a non-critical issue that in some cases could cause calculations to break down
Versione 2.8 2023.06.02
▪ Improvement of internal algorithms of the indicator
Versione 2.7 2023.01.17
▪ Improvement of internal algorithms of the indicator
Versione 2.6 2022.10.27
▪ Improvements and optimizations in the signal module

▪ Other code improvements
Versione 2.5 2020.10.10
▪ Added custom colors to the Settings

▪ Minor improvements in the indicator code
Versione 2.4 2020.10.07
▪ Added the signal arrows indication on the main chart

▪ Improvements to the Alert Module
Versione 2.3 2020.06.12
A minor fix in the indicator code
Versione 2.2 2020.05.21
* Added the ability to select the operating mode: the new (v2.0 and higher), and the previous operating mode with a different algorithm for calculating trend reversal points
Versione 2.1 2020.04.27
Optimization of internal algorithms
Versione 2.0 2020.04.22
A full update of the indicator
Versione 1.4 2016.08.03
* Added e-mail notifications

// EmailNotifications = true/false
Versione 1.2 2016.07.28
* Improved compatibility with the new build
* Modification of calculation algorithm
Versione 1.1 2015.11.18
Added:
- The additional filtration of signals.
- Push-notifications (Optional).