A controversial five-step system that dealers use to succeed in trading!
Reverse pro efficiently combines purchase price movement, perfect place and reliable statistics in a single smart algorithm.
understanding the marketplace from this unique perspective gives you the ability to professionally recognize trend reversals.
Get immediate accessibility ► www.mql5.com/en/blogs/post/716077
Copy exactly what professional traders do now!
Get immediate accessibility ► www.mql5.com/en/blogs/post/716077
Copy exactly what professional traders do now!
Step 1: set up Trading
- Input to the sign if the statistical success rate is at least 60% (Statistical success rate ≥ 60%)
Step 2: Determine Support/Resistance levels
- For a purchase signal: the price should NOT be near the resistance (Blue line)
- For a Sell signal: the price should NOT be near the support (Red line)
Step 3: Set a stop loss
- You can use a Stop Loss calculated by the indicator.
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Step 4: Set a Take Profit
- Option 1: Take profit at TP1 level.
- Option 2: Partial profit taking at TP1 and closing the remaining position at TP2.
- Option 3: Take profit by support/resistance levels.
- For the Buy signal: Take profit on the resistance level (Blue line)
- For the Sell signal: Take profit by support level (Red line)
- For the Buy signal: Take profit on the resistance level (Blue line)
- For the Sell signal: Take profit by support level (Red line)
Step 5: Exit Strategy
- If the SL or TP levels are not reached, exit the trade on a new signal.
- Professional definition of trend reversal.
- Provides input signals, exit strategy, stop loss and take profit levels.
- Reliable statistics for the above criteria.
- Never redraw, not completes, it doesn’t recalculate the signals.
- Signaling is strictly at the “Closing of the bar”.
- Works on all symbols and timeframes.
- It has the functions of pop-up notification, email notification, push notification and sound alerts.
- Fully compatible with the development of the Expert Advisor (EA)
The condition of winning
- TP1 Hit – When at least the TP1 level is reached.
- EXIT Win – When closing on a new signal and with a positive profit.
The condition of the loss
- SL Hit – When the Stop loss level is reached.
- Exit Loss – When closing on a new signal and with a negative profit.
Success rate
- Percentage of signals that match the winning conditions.
- It is used to find the best trend pairs and timeframes.
- Signal Period – the number of bars used to calculate the signal.
- Zone Period – the number of bars used to calculate dynamic levels./Resistance.
- Zone Deviation-a factor used to determine the distance of levels, Support/Resistance relative to price.
- Stop Loss Selection – the stop loss strategy used.
- Take Profit Factor-a multiplier used to calculate take profit levels.
- Maximum History Bars – the maximum number of bars to calculate.
- Display Parameters-controls the display of objects on the chart.
- Graphics Parameters-controls the appearance and colors of objects on the chart.
- Dashboard Parameters-controls the display and colors of statistical data on the chart.
- Alert Parameters-controls the available notification parameters.
User’s Guide
For more information, see the instructions ► link
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