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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
4255
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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PrecisionTradingSystems
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L'indicatore di vendita PTS Divergence Finder di Roger Medcalf - Precision Trading Systems. Questo indicatore fornisce solo segnali ribassisti - di vendita. In primo luogo, mi è stato chiesto molte volte perché non avessi fornito un indicatore di divergenza di vendita mentre fornivo volentieri un indicatore di ricerca di divergenza di segnali di acquisto da molti anni. Ho risposto che le divergenze di vendita sono meno affidabili delle divergenze di acquisto, cosa che è ancora vera. Alcune soluz
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
Reversal Sniper
Elmira Memish
5 (3)
Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool.  However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal  Sniper  Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i
XQ Indicator MetaTrader 4
Marzena Maria Szmit
3 (2)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
XPointer
Andrey Kozak
5 (3)
XPointer is a completely ready trading system. It shows the trader when to open and close a trade. It works on all currency pairs and all time frames. Very easy to use and does not require additional indicators for its operation. Even a beginner trader can start working with XPointer. But it will also be useful for professional traders to confirm the opening of orders. Features of the XPointer indicator It does not redraw its values. It works on all currency pairs and all time frames. It has a
Vi presentiamo ON Trade Waves Patterns Harmonic Elliot Wolfe, un indicatore avanzato progettato per rilevare vari tipi di pattern sul mercato utilizzando metodi sia manuali che automatici. Ecco come funziona: Pattern Armonici: Questo indicatore è in grado di individuare pattern armonici che appaiono sul vostro grafico. Questi pattern sono fondamentali per i trader che praticano la teoria del trading armonico, come descritta nel libro di Scott Carney "Harmonic Trading vol 1 & 2". Che li disegniat
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
Currency Strength Exotics
Bernhard Schweigert
4.88 (33)
ATTUALMENTE SCONTATO DEL 20%! La soluzione migliore per qualsiasi principiante o trader esperto! Questo indicatore è specializzato nel mostrare la forza della valuta per qualsiasi simbolo come coppie esotiche, materie prime, indici o futures. È il primo nel suo genere, qualsiasi simbolo può essere aggiunto alla nona riga per mostrare la vera forza della valuta di Oro, Argento, Petrolio, DAX, US30, MXN, TRY, CNH ecc. Si tratta di uno strumento di trading unico, di alta qualità e conveniente
Royal Scalping Indicator M4
Vahidreza Heidar Gholami
4.17 (6)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
Altri dall’autore
Scalp and Swing Signals
Shiffolika Kapila
4.5 (2)
Scalp SWING indicator. It works on any time frame and Instruments It works on trending and ranging markets. The signals are robust and does not repaint. The system is robust and requires no supporting indicator. You don’t need any multiple indicators to trade the markets. The alerts/ notifications can be enabled to gain prompt entries. The entries are at Top and Bottom of Trend Cycles It is Very accurate and robust system- yet extremely simplified tools for the pro traders. Sc
Multi Trend Buy Sell Signal WITH TREND DASHBOARD The indicator Generates Entry Signals WITH ALERTS based on the combination of Multi Time Frame conditions of 1 set of moving average and 2 sets of MACD . The importance of the 2 sets of MACD is for using it as a confirmation filter so that the trades generated are those with stronger movement.  For example, if in a sideways market the MACD of M5 charts is showing a downtrend but the higher time frame of the M 15 charts is indicating an uptren
Multi-Time-Frame-Multi Currency Signals Dashboard Indicator It is an Advanced multi-utility dashboard which works with full customization of signal settings and graphical interface. It works with Multi Symbols and Multi-Time frames from 1 SINGLE CHART TEMPLATE. It will automatically open the charts where the latest signals had formed- showing the important levels (Entry, Targets, Stop Loss) Many types of sorting methods for the scanner. A robust ENTRY based on  TREND OF MULTI-TIME FRAMES ( Co
Trend Line Chart Pattern Signals  Is a traders Tool for Signals based on Strong  Patterns Formed By a pair of robust trend lines. They FOR WITH DIFFERENT POPULAR PATTERNS ON CHARTS LIKE – TRIANGLES, FLAGS,RANGE , ASCENDING TRIANGLES, DESCENDING PATTERNS, PENNANTS ETC. The TREND LINES  form  dynamically  on running bars. The  sensitivity  of the trend lines can be changed by custom settings. The  Buy and Sell Signals Generate upon Break Of the Trend Line + "Close" of the same bar above the previo
SCALP ARROW EXIT SIGNALS PLEASE REFER THE COMMENTS AREA - HOW THE SIGNALS CAN BE MADE BETTER QUALITY USING RENKO CHARTS  IF YOU REQUIRE THE RENKO CHARTS DO LET ME KNOW , WILL HELP Indicator is a professional tool for guiding reliable entries, exits, reentries, and RETRACEMENT entries and pull back entries. It is a complete blackbox system and can be used to get signals for any instrument and any time frame. The indicator generates signals, alerts - ENTRY -EXIT . Its can be used to scalp -
Multi Currency Strength Dashboard Scalper SCALP SIGNALS BASED ON THE ANALYSIS OF THE STRENGTH OF THE CROSS CURRENCY PAIRS- MAKES THE SIGNALS STRONG Indicator Dashboard- calculates the strength of all markets , currency pairs , commodities . Using a proprietary logic. This data can be used to judge and take decisions whether to buy or sell them. If the particular market is strong means it is bullish , and also the related pair of that market is strong then it will be highly probable that t
Top Bottom Scalper
Shiffolika Kapila
1 (1)
Top and Bottom Scalper  BINARY AND FOREX   The signals indicate strong reversal points (Tops/bottoms)- The indicator gives accurate signals on any currency pairs and instruments. It also has a setting for adjusting the frequency of the signals. It is further strengthened and made robust by the support and resistance zones. There are different qualities of zones as per robustness. Inputs ZONE SETTINGS;  BackLimit - default is 10 000. Check the past bars for formations.  First Time Fram
Dual Trend Scalper  Advantages You Get  Easy, visual and effective trend detection. you can find the IMPULSE COLOR PANEL FOR QUICK TREND DETECTION  Gives you the ability to filter and further improve your trading strategies. YOU HAVE TREND DETECTION IMPULSE FILTER , AS WELL AS 2 LEVELS OF SUPERTREND.  Enhanced statistics calculation following the entry point, take profit and exit signal. ENTRY CAN BE AS PER VARIATION OF SETTINGS AND PARAMETERS, SL AND TARGETS ALSO CAN BE ADJUSTED  Neve
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
Scalper Signals Trader Best and simple Indicator for clear and safe entry and exits. Predefines- multiple targets and stop loss, as per risk reward ratios Signals can be set – based on aggressive or safe algorithm Aggressive entries are also profitable but are raw signals without checking the higher time frame trends Safe entry meanwhile will check if the lower and the higher time frame are both in same direction, thereby having lesser trade entries and more quality. The very robust macd le
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
4255
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
1442
Risposta dello sviluppatore Shiffolika Kapila 2023.01.06 07:44
Thanks For The appreciation
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