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A contentious five-step system that dealers use to succeed in trading!

Reverse pro efficiently combines purchase price movement, perfect location and reliable statistics in one smart algorithm.

understanding the marketplace from this unique perspective provides you the capability to recognize trend reversals.

Get instant accessibility ► www.mql5.com/en/blogs/post/716077

Copy what professional traders do now!

Get instant accessibility ► www.mql5.com/en/blogs/post/716077

Copy what professional traders do now!

Step 1: set up Trading

  • Input to the signal when the statistical success speed is at least 60% (Statistical success rate ≥ 60%)

Step 2: Determine Support/Resistance levels

  • For a buy 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.

Step 4: Set a Take Profit

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  • 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 “Close 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

Our Useful Features & Services

Published

01 March 2018

Updated

18 January 2021

Current Version

4.0

Reviews

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toffee January 19, 2021 10:52 am
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Bad, keep away

Niel January 19, 2021 10:52 am
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Fantastic index and very effective when combined with a robust confirmation strategy.

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