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Buy Market Reversal Alerts

Discussion in 'Forex Indicators MT4' started by GOODMEN, Oct 30, 2020.

Stage:
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GOODMEN
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  1. GOODMEN

    GOODMEN Administrator
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    #1 GOODMEN, Oct 30, 2020
    Last edited: Apr 22, 2021
    Market Reversal Alerts
    V5.0

    Profit from market structure changes as price reverses and pulls back.

    The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen.

    The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a possible exhaustion point. The indicator draws in a rectangle on the last opposite coloured candle. It will then trail the rectangle along with price as it continues to move in it's current short term trend. Once price weakens enough that it closes back above or below the rectangle this would indicate a potential shift in market structure is taking place. The indicator then alerts you to a potential shift in direction and the start of a possible reversal in trend or major pullback.

    See the indicator in action below to see how it works!

    Optional dashboard add-on to monitor ALL pairs and timeframes here: Please login or register to view links

    MT5 version available here: Please login or register to view links (no retest alerts or higher time frame functionality)

    Telegram for strategy & Indicator help: Please login or register to view links

    Features
    • Alerts you to potential changes in market structure at key exhaustion points
    • Automatically draws in short term market structure as price approaches exhaustion levels
    • Trails the alert rectangles behind price as it moves in it's current trend direction to find the tightest entries
    • Changes colour to a solid block rectangle on alerts to show where potential reversals in market structure have occurred
    • Works on all symbols and timeframes
    • Integrated pop-up, push and email alerts built in
    • Alerts when a re-test of a reversal alert has happened confirming the entry as being more likely
    • Allows you to view higher time frame reversal rectangles on your lower trading time frame. Great for trend traders and identifying higher time frame trend direction
    • Select all reversal alerts or just long or short alerts, select the directional alerts you want based on each pairs current trend direction
    • View higher time frame directional bias arrow on your lower time frame chart.

    Strategy & How To Trade With The Market Structure Reversal Indicator
    When a reversal alert occurs:

    1. Look left! Is there a supply/demand or support/resistance level that we're turning at. Market structure shifts (reversals) usually occur when price is retesting an old level or a stop hunt has just happened above that support or resistance level.
    2. Consult a higher time frame to see if there is an area of support/resistance we are turning at. As above changes in market structure will often happen on lower time frames when at major levels on a higher time frame.
    If the above conditions are met simply place a trade in the direction of the reversal.

    You can add additional indicators as validation or use this indicator to add further validation to your existing indicators or strategy!

    Stop Loss and Take Profit

    Your stop should always go just above the most recent high or below the most recent low. If the reversal is correctly identifying a shift in market structure price will rarely move back above/below the most recent peak. The size of your stop will be dependent on how aggressive the last move to create the recent high was.

    Take profit is up to the individual but using a 1.5:1 or 2:1 risk to reward is easily achievable. Entering 2 trades and having one trail along with price just above/below new rectangles as they are drawn on the chart can achieve 5:1 and higher risk reward.


    [​IMG]


     
  2. tapiwa

    tapiwa New Member

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    hi is there a video on how to use this
     
  3. tapiwa

    tapiwa New Member

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    this indicator is feezing even when dashboard is installed
     
  4. Sashadeol

    Sashadeol New Member

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    Thanks for your help, but indicator does not load up on the chart.
    I tried both using template, stand alone and also by adding to Market folder.
    It does not load up.
     
    tapiwa likes this.
  5. tapiwa

    tapiwa New Member

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    th
    thanks for the tutorial,we are doing exactly but this indicator wont open even after you drag to the chart
     
  6. Rsousa

    Rsousa Member

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    indicator not working.
     
  7. MKV

    MKV Member

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    I responded to your email by sending you the .Ex4 file. Since 4 people have said it did not work for them, I am deleting my earlier posts.
     
  8. Mobiz

    Mobiz Member

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    Up let's buy guys
     
  9. dokoloco87

    dokoloco87 Member

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    Admin, on how many accounts will this indicator work? How will it need to be installed?
     
  10. GOODMEN

    GOODMEN Administrator
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    this product can only be used on our Please login or register to view links vps server
     
  11. dokoloco87

    dokoloco87 Member

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    I already got 2 VPS running and your VPS got no location in London where I need it. Can not still participate?
     
  12. GOODMEN

    GOODMEN Administrator
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    I wrote to you personally.
     
  13. Admin

    Admin Administrator
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  14. ivanandianto

    ivanandianto Member

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    @GOODMEN
    This indicator not work on my MT4?
    you mean i have to rent VPS from again?
     
  15. GOODMEN

    GOODMEN Administrator
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    the cost has changed. The original activations will be used.
     
  16. h3ks

    h3ks Active Member

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    Please login or register to view links
     
  17. Danmar

    Danmar Member

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    Hi GoodMen
    i beleive that it is a logn time since the beginning of fundraising ?
    Warmly
     
  18. GOODMEN

    GOODMEN Administrator
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    FUNDRAISING
     
  19. Banky

    Banky New Member

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    Paid
     

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  20. Danmar

    Danmar Member

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    Hi GoodMen
    i just read that order block need a vps ?
    if it is right i wish to use the 10 usd of this buy for an other buy
    because i am not ready now for using a vps
    Thanks for your information
    Warmly
     

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