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The Market Reversal Alerts Indicator
The key to any strategy is the entry and monitoring price for signs of weakness. This indicator draws in market structure for you, then sends you an alert when price reverses, so you can take a look at your charts and see if there is a valid reason to enter a trade.
You can use the Market Reversal Alerts EA to auto trade with the indicator too!
Watch the video to see the EA in action trading.
Profit from market structure changes as price reverses and pulls back.
The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure, which typically occur when a reversal or major pullback are about to happen.
The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a possible exhaustion point. The indicator draws in a rectangle on the last opposite coloured candle. It will then trail the rectangle along with price as it continues to move in its current short term trend. Once price weakens enough that it closes back above or below the rectangle, this would indicate a potential shift in market structure is taking place. The indicator then alerts you to a potential shift in direction and the start of a possible reversal in trend or major pullback.
Features
- Alerts you to potential changes in market structure at key exhaustion points
- Automatically draws in short term market structure as price approaches exhaustion levels
- Trails the alert rectangles behind price as it moves in its current trend direction to find the tightest entries
- Changes colour to a solid block rectangle on alerts to show where potential reversals in market structure have occurred
- Works on all symbols and timeframes
- Integrated pop-up, push and email alerts built in
- Alerts when a re-test of a reversal alert has happened, confirming the entry as being more likely
- Allows you to view higher time frame reversal rectangles on your lower trading time frame. Great for trend traders and identifying higher time frame trend direction
- Select all reversal alerts or just long or short alerts, select the directional alerts you want based on each pair’s current trend direction
- View higher time frame directional bias arrow on your lower time frame chart.
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Get The Indicators & Dashboards I use
The indicators are all available direct from your MT4 or MT5 platform in the market section. Alternatively, you can get them on the MQL5.com website!
The Market Reversal Alert Indicator
The key to the strategy is knowing when price is starting to turn and change direction. This indicator draws in market structure for you, then sends you an alert so you can take a look at your charts and see if there is a valid reason to enter a trade.
The Market Reversal Alert Dashboard
This amazing dashboard monitors the major time frames and all pairs you trade and alerts you instantly when a potential reversal happens. No more staring at charts all day! Every pair and key time frame in front of you in one MT4 window. Priceless.
The ADR Reversal Indicator
The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to its normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds its average range and levels above it of your choosing.
The ADR Alert Dashboard
The ADR reversal dashboard allows you to monitor every pair or instrument you trade in one dashboard. You’ll get alerted every time something exceeds your set ADR levels and ensure you will never miss an opportunity.
The Trade Manager Dashboard
Take control of your forex portfolio. See instantly where you stand, what's working and what's causing you pain! The Trade Manager Dashboard is designed to make risk management and exposure to currencies easier to understand.
The RSI and TDI Alert Dashboard
The RSI / TDI alert dashboard allows you to monitor 6 main timeframes (selectable by you) at once on every major pair you trade. The dashboard will alert you to extended conditions (overbought and oversold) when a candle closes on the chosen time frame.
Symmetrical Triangle Pattern Indicator
Profit from market contraction and consolidation after price makes new highs or lows in the market. Get alerted when a contraction is happening, ready to pounce on the next continuation or reversal move that is building up.
Symmetrical Triangle Pattern Dashboard
Get alerted and see instantly when any instrument you trade forms a symmetrical triangle pattern on any time frame. Get ready to pounce on those triangle breakouts!
Opening Range Breakout EA
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The Market Reversal Alerts EA
Based on the indicator, this EA will auto trade signals generated from the market reversal alerts indicator. It has powerful filters to configure as you like to trade including ADR, MAs and RSI. You can also use it to basket/grid trade, and it has every risk option you can imagine.
The Price Action Toolkit EA
The missing piece of functionality in MT4!
Fast order buttons to quickly enter, adjust and exit positions and scalp with lightning speed. Get price action candlestick alerts on the most commonly traded patterns and auto execute entries and exits based on your preferences.Â
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Automatically draw support and resistance levels PLUS propulsion candle gaps on your chart, so you can see where price is likely to head next and/or potentially reverse. This indicator is designed to be used as part of the position trading methodology taught on this website and displays key information for targeting and potential entries.
Stock Index Hedge EA
Take advantage of the opening volatility of the major stock indexes and profit from the sudden moves created at those times when the market breaks away at the opening bell. The strategies’ goal is to simply benefit from those days when the market moves fast and hard in one direction at the open and bank that move.