Revers Point

This indicator determines the short-term and long-term trend. The analysis is based on the selected timeframe. Indicator shows the points of opening deals for sale or purchase, and also indicates the direction of the trend at:
  • Short term
  • Long term

This indicator not only signals an immediate purchase or sale. It indicates short term and long term trend. The indicator allows you to examine in more detail the real and historical market trends!
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Functions Analyzes the current market trend Displays a numbering system based on trend structure (see below) Colors the chart background depending on trend direction Displays the ZigZag indicator Display Fibonacci Retracement with custom defined levels at the lates corrective trend movement Display Fibonacci Expansions with custom defined levels at the latest progressive trend movement Buffers for all relevant Trend parameters so EAs can access the trend information Background Information The
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5 (2)
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