Reverse Navi - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator shows the entry point after the reversal line.
I'd like to see more entry points. So, I made this. Please use in combination with filters (ADX, BSI, etc.).
A separate window is the Bounce Strength Index (BSI) .
Attachment download
📎 reversalnavi.mq4 (8.01 KB)
Source: MQL5 #13406
Reversal Navi - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Reversal Navi - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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