The demo version of the indicator does not display its data on the last 25 bars, but it is ideal for testing.

The Turning point of price indicator displays the expected price reversal points on the chart. It is based on the use of data from the Prise Reverse oscillator, as wellas the standard ADX. As soon as the value of the Prise Reverse indicator falls into the overbought or oversold zone (the size of the zone is set by the user), and the value of the main ADX line exceeds the set value, the Turning point of price indicator draws an arrow on the chart in the direction of the expected further price movement. This idea is described in the article“Price reversal indicator”.

• PR – the size of the overbought/oversold zones of the Prise Reverse indicator. The default value is 25. A decrease in this value leads to a decrease in the number of signals of the Turning point of price indicator, but at the same time their accuracy increases. The increase is the opposite.
• ADX – the value of the main ADX line, when exceeded, the signal is sent. The default value is 45. Increasing the value leads to a decrease in the number of signals, but an increase in their accuracy. The decline is the opposite.
• Alert – when the indicator signal is received, an alert can be generated. On – display of the alert, Off-the alert is not generated. The default value is False.

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To get the correct entry points, we recommend:

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