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Reversal zones x2 free

2.25

The indicator looks for buying and selling zones, where a deal can be opened with a minimal stop loss and a better Risk Reward Ratio. The indicator is based on qualitative search of the Double top/Double bottom pattern.

This version works only on USDCAD! The full version of the indicator can be purchased here - https://www.mql5.com/en/market/product/29820


Indicator operation principle

  1. Looks for local tops/bottoms which can potentially become a Reversal zone
  2. It waits for an impulse movement that would exceed the Reversal zone and draws a red/blue wide rectangle
  3. Within the Reversal zone, it looks for the strongest area of the zone - Main level.

Further actions of the trader:

  1. Wait for the price to return to the Reversal zone (retest) and touches the Main level.
  2. Find any reversal candlestick pattern near the Main level. This can be done with the help of the Pivot Point Reversal x2 indicator
  3. Open a deal. Set the stop loss to a zone. Set the take profit based on the TakeProfit Levels x2 or MACD_stopper x2 indicator
  4. Manage the deal manually or wait to receive TP/SL


Setting up the indicator

  • Days painting - the number of days in a row to look for Reversal zones and Main levels.
  • Min zone width, pip - the minimum width of a zone. 100 pips are optimal for most instruments. For indices and oil - 30 pips.
  • Min impulse width, pip - the minimum distance the price should pass after leaving a Reversal zone for this zone to be formed. 100 pips are optimal for most instruments. For indices and oil - 30 pips.
  • Fill square - fill the Reversal zones. Recommended value is "false".
  • Find Main Level in reversal zones - search for the Main level in reversal zones. Recommended value is "true", since the Main level is the most important point in a reversal zone.
  • Cut far zones - trim distant Reversal zones. Default is "true".
  • Buy reversal zone color - color of a Reversal zone for buying.
  • Buy Main Level color - color of the Main level for buying.
  • Sell reversal zone color - color of a Reversal zone for selling.
  • Sell Main Level color - color of the Main level for selling.

P.S. If you have any questions about the operation of the indicator, feel free to ask them in the Comments or in private messages.

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BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO LEVELS INDICATOR  is the best levels indicator ever created, and why is that? Using high volume zones on the market and Fibonacci the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many levels indicators around the internet are not complete, does not help, and it's difficult to trade, but the   Italo Levels Indicator is different , the Ital
O Indicador de Reversão ADR mostra rapidamente onde o preço está sendo negociado atualmente em relação ao seu intervalo médio diário normal. Você receberá alertas instantâneos via pop-up, e-mail ou push quando o preço exceder seu intervalo médio e níveis acima dele de sua escolha, para que você possa saltar rapidamente para retrocessos e reversões. O indicador desenha linhas horizontais no gráfico nos extremos médios do intervalo diário e também extensões acima daqueles níveis que têm probabili
First of all Its worth emphasizing here that this Trading Tool is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal for professional trading. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders. It packs more than 20 useful indicators into one, combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies. This indicator focuses on Smart Money Concepts, providing i
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indicator is no repaint trend indicator. when red stars up to line that is probably end of long trades. when blue stars up to line that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.
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Индикатор "Buy Sell zones x2" основан на принципе "остановка/разворот после сильного движения". Поэтому, как только обнаруживается сильное безоткатное движение, сразу после остановки - рисуется зона покупок/продаж. Зоны отрабатывают красиво. Или цена ретестит зону и улетает в космос, или пробивает зону насквозь и зона отрабатывается с другой стороны так же красиво.  Работает на всех таймфреймах. Лучше всего выглядит и отрабатывает на Н1.    Может использоваться как: индикатор зон, где лучше
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Индикатор "Buy Sell zones x2" основан на принципе "остановка/разворот после сильного движения". Поэтому, как только обнаруживается сильное безоткатное движение, сразу после остановки - рисуется зона покупок/продаж. Зоны отрабатывают красиво. Или цена ретестит зону и улетает в космос, или пробивает зону насквозь и зона отрабатывается с другой стороны так же красиво.  Работает на всех таймфреймах. Лучше всего выглядит и отрабатывает на Н1.    Может использоваться как: индикатор зон, где лучше
Индикатор, который ищет качественные точки входа в рынок и отображает их в виде стрелок. Действует по сложному алгоритму. Сначала ищет на графике специальные уровни, которые обязательно должны быть пробиты импульсом. Если цена возвращается к этому уровню в виде свечи с длинной тенью и маленьким телом и касается уровня только тенью - возникает точка входа.  Не перерисовывается!  Лучше всего выглядит и отрабатывает на Н1.    Может использоваться как: Индикатор уровней, где цена будет останавлива
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The indicator shows entry points with Risk-Reward-Ratio 1 to 5. Main timeframe H1. Works on every pair. The main logic - is to find a reversal level, and then track the price reaction to this level. Doesn't need any settings. As a standard, it paint 5 levels of the same take-profit (red / blue for sellers and buys) and 1 stop-loss level - orange. ATTENTION! The full version of indicator. You can t est full work of indicator free only on the USDCAD pair here  https://www.mql5.com/en/market/produ
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John Winsome Munar
3471
John Winsome Munar 2022.06.18 00:00 
 

Thanks, will test this further

jmhuang
3047
jmhuang 2020.12.26 15:32 
 

use semaphore, you can get the same levels or even a free auto demand supply in the internet

Ethan Gagon
93
Ethan Gagon 2019.10.12 16:46 
 

O usuário não deixou nenhum comentário para sua avaliação

Shaheen Hassanali
6551
Shaheen Hassanali 2018.12.03 16:32 
 

Didn't work for me

Konstantin
136
Konstantin 2018.08.16 21:33 
 

Индикатор не заработал на USDCAD.

Tim Eubanks
5733
Tim Eubanks 2018.07.10 18:23 
 

O usuário não deixou nenhum comentário para sua avaliação

Matthew Todorovski
13122
Matthew Todorovski 2018.06.30 13:29 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

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