price Reversal
There is a demo version of the indicator does not display its data on the last 25 bars, but is ideal for testing. https://www.mql5.com/ru/market/product/14194
Oscillator Price Reversal identifies potential price reversal points, being in the overbought / oversold. Also it displays the signals on a transaction against the trend (sometimes these points coincide with the beginning of a new trend) (blue and red area) and the entry point of the trend (gray area). It consists of two lines. Blue - fast, red - slow. Recommended deal with simultaneous values of the fast line more than 60 or less than -60, as well as slow - more than 40 or less than -40.
Options
- Fast Period - a period of rapid line indicator (default 15).
- Slow Period - during the slow line indicator (default 40).
- Sorrectness (0-105) - parameter input accuracy against the trend (default 100).
To obtain correct entry points is recommended:
- Choose indicator parameters for each traded currency pair and respective timeframe;
- Receive the signal at first larger timeframe (for example, per hour), then wait for a similar signal at the low (say, M5).
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