Market Reversal Alerts EA V5.10 MT4 (Works on Build 1420) | Forex MT4 Indicators
Market Reversal Alerts EA is a versatile Forex Expert Advisor supporting various trading strategies like stop loss, grid trading, and basket trading. It focuses on position trading with a target monthly return of 5-10%. Customizable with indicators such as RSI, moving averages, and ADR, it can filter trades based on previous day’s highs and lows. With features like trailing stop and profit-taking, it aids in risk management and is adaptable to individual trading styles, making it suitable for traders following the smart money concept.
Vendor website: https://www.mql5.com/en/market/product/65383
Key Takeaways
- Versatility: The EA demonstrates a high degree of adaptability, making it well-suited for a variety of Forex trading strategies.
- Position Trading Focus: It places emphasis on executing trades gradually during market swings, aligning with position trading principles.
- Targeted Returns: The EA sets its sights on achieving a monthly return within the range of 5-10%.
- Customization: Users can fine-tune the EA’s parameters based on indicators such as RSI, moving averages, and ADR, allowing for personalized trading strategies.
- Entry Filtering: The EA employs a filtering mechanism that utilizes previous day’s highs and lows to refine entry points, enhancing precision in trade execution.
MARKET REVERSAL ALERTS EA Features
- Platform: MetaTrader 4
- Time Frame: Compatible with various time frames
- Currency Pairs: Supports trading across all currency pairs
- Risk Management: Utilizes advanced features like trailing stop and profit-taking to effectively manage risk
- Individual Style: Customizable to suit individual trading preferences
MARKET REVERSAL ALERTS EA Review
Key Features
- Recognize changes in market structure: Alert immediately when there are important fluctuations at exhaustion points, helping you capture potential trading opportunities.
- Automatically draw short-term structure: Clearly displays market structure as price approaches exhaustion, assisting you in making accurate decisions.
- Identify optimal entry points: Mobile alert zones help you easily find trend-following entry points.
- Trend reversal warning: Colors change into solid blocks indicating a possible market structure reversal.
- Flexible and customizable: Works on any chart and timeframe, with diverse notification options (gesture, push, email).
- Confirm entry point: Warning when there is a retest signal, helping you feel more secure about your trading decision.
- Identify trends on multiple time frames: View reversal patterns on larger time frames right on the current chart, supporting effective trend identification.
- Filter alerts by trend: Choose to view all alerts or only buy/sell alerts that match the current trend.
Settings
- Trading Platform : MT4
- Currency Pairs : Any pairs
- Timeframe: Any times
- Product Type : NoDLL / Unlimited / Fix
What’s in the package?
- Indicator : Market Reversal Alerts Indicator V5.1.ex4
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Disclaimer:
The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
Past performance is no guarantee of future results. We seek the EA on an 'as is' basis and only the version mentioned is being sold.
All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.
EA updates are thus not automatic and not guaranteed.
Buy The Market Reversal Alert Indicator detects impending exhaustion in trends or price movements, signaling potential reversals. It notifies you of shifts in market structure typically associated with significant reversals or retracements.