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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.

Recensioni 2
lauro1956
4331
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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PZ TRADING SLU
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Brian Collard
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Marzena Maria Szmit
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Altri dall’autore
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4.5 (2)
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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
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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
4331
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
1448
Risposta dello sviluppatore Shiffolika Kapila 2023.01.06 07:44
Thanks For The appreciation
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