Trend reversal indicator mt4

Trend Reversal Indicator Overview. Once you are done with the installation of Trend Reversal Indicator at your Forex mt4 platform, your trading chart should be appeared as the following image: Trend Reversal Indicator. Trend Reversal Indicator generates the trend signal using a crossover of two modified moving average systems in a separate ...It is an excellent indicator for identifying trend reversal. The trend reversal indicator for MT4 is perfect for day trading and scalping. You can use the indicator on all time frames ranging from 1-minute to 1-month. However, the indicator works best on higher time frames such as H4 (four hours).The red arrows depict when a trend reversal has descended, while the blue arrows show the commencement of an upraise. Download the Lucky trend reversal indicator for MT4 below: Download Lucky indicator. When there is a potential or temporary reversal, the indicators show a white square at that period. This characteristic of the Lucky reversal ... Forex Reversal Indicator for MT4 - https://indicatorspot.com/indicator/forex-reversal-indicator/ - Download FREEThe indicator is in the TOP 10 which show tre...Mostly many mt4 best forex trend indicators give you daily or monthly trad entry point with stop loss on his last low candle in all timeframe. Reversal forex best trend indicator mt4 in the world. Fx trend indicator you will get here free and install own mt4 best forex indicators on charts. I also share many top indicators for forex trading if ...This MT4 indicator shows the levels of indicator and the Zero level in dots. The indicator is free to download and easy to install. The detection of divergence in the current time frame and the higher time frames makes it the best tool for divergence trading. The indicator changes the color whenever it detects divergence and also momentum in ...Download Size: 19.55 KB Type: .zip. Downloads: 751. Trusted Brokers for Indicator trading. Rate this Product from 1 to 5. Description. Indicator Settings. Similar Indicators ( 0 ) Reviews (1) Trend Confirmation indicator for MetaTrader is a non-repaint trading tool that gives you a visual direction of the market trend.123 Forex Patterns is a trend-following MT4 trading indicator. Identifies bullish & bearish trend reversals patterns. Points precise buy-sell positions in live markets. Trusted Brokers for Indicator trading. 123 Forex Patterns identifies potential trend reversal positions of the price.🔝 Free Premium Trend Reversal Indicator in New MT4 Indicators {mq4 & ex4} with Download ⤵️ for MetaTrader 4️⃣ & 5️⃣ - The Biggest Collection of Best Indicators & Systems on Best-MetaTrader-Indicators.com.Jun 6, 2021 · Both indicator are different in its equations / coding, and Reversal diamond has many signals than Eagle Arrow, most of my clients they prefer Reversal Diamond than Eagle Arrow. in the screen shot the difference between both indicator. Attached Image (s) (click to enlarge) Post 214. Quote. Technical Indicators for MetaTrader 4. Signals from technical indicators listed below play a crucial role in opening and closing deals in MetaTrader 4 platform. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting price changes. The MetaTrader Market offers a convenient and secure venue to ...Feb 19, 2023 · The Up Down indicator is a trend trading indicator that attempts to simplify trading for forex traders of all skill levels. It appears on your MT4 chart as a series of green and red dots forming bars underneath and above the candlesticks, respectively. The green dots show that the market is on an uptrend, while the red dots signify a downtrend. The ZingFX Volume indicator for MetaTrader is a trend-following trading tool that is well suited for identifying the peak and potential reversal levels of prices. It is incorporated with algorithms that track the peaks and volume of the price of a trading instrument. The indicator comes with histogram bars that depict different trend conditions.Trend Indicators for MT4. 1. Trend Indicators for MT4. This topic will cover indicators that are built for trends specifically. First. ptl - (perfect trend line) for users curiosity PTL indicators never repaints as per MLADENs saying. the version is mtf too,picture with default parameters. Attachments. Trend Magic is an MT4 forex trading indicator used to identify the trend-reversal moments of the market. Besides trend alerts, its trendline guides you through the dynamic support/resistance levels of the market. Automatic trendline indicators are ideally fit for beginners who find it hard to assess the daily market trend manually.Jul 4, 2023 · The lucky reversal MT5 indicator helps MetaTrader 5 platform traders to identify reversals in the market. This indicator is one of the best MT5 indicators to trade market reversal. And you can add any technical indicator to your chart to facilitate trading. The MT5 chart below shows a trend reversal from up to down, due to price fluctuation. The Up Down indicator is a trend trading indicator that attempts to simplify trading for forex traders of all skill levels. It appears on your MT4 chart as a series of green and red dots forming bars underneath and above the candlesticks, respectively. The green dots show that the market is on an uptrend, while the red dots signify a downtrend.Open the Metatrader 4 platform. From the top menu, click on “File”. Then click on “Open Data Folder”. Then double click with your mouse button on “MQL4”. Now double click on “Indicators”. Paste the laser-forex-reversal-indicator.ex4 indicator in the Indicators folder. Finally restart the MT4 platform and attach the indicator to ...Traders UnionMay 23, 2023 · Download Trender Indicator for MT4. Trender indicator for MT4 is a popular Metatrader 4 tool used among trend traders. Furthermore, it can detect the current trend and any possible trend reversal signal. Thus, in the following example, we’re going to apply this MT4 indicator on the EURUSD H4 chart. The trend reversal indicator mt4 is a technical indicator that is used to identify when a security’s price is reversing direction. The indicator can be used on any time frame, but is most commonly used on longer time frames such as the 4-hour and daily charts.🔝 Free Premium Trend Reversal Indicator in New MT4 Indicators {mq4 & ex4} with Download ⤵️ for MetaTrader 4️⃣ & 5️⃣ - The Biggest Collection of Best Indicators & Systems on Best-MetaTrader-Indicators.com.Lucky Reversal Indicator. MT4 Also Available for MT5. 106 customer review. Lucky reversal MT4 indicator displays buy sell aroow signals in the main chart. It can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits. Categories: Trend, MT4, Levels.This MT4 indicator shows the levels of indicator and the Zero level in dots. The indicator is free to download and easy to install. The detection of divergence in the current time frame and the higher time frames makes it the best tool for divergence trading. The indicator changes the color whenever it detects divergence and also momentum in ...Jul 19, 2023 · Alerts for re-tests. Ability to set the indicator to just alert on long or short reversals. Great for monitoring pairs you want to only enter in one direction for, trend based trading. Added additional feature to give HTF directional arrow on all lower time frames viewed. Tweak to order block drawing logic. The trend line in the example below is drawn using the method taught in my price action trading course. Combining swing pivots with trend lines is a great trend trading method. The 1-2-3 reversal is a basic strategy that relies on swing pivots to define a trend reversal. You can learn more about the 1-2-3 reversal in Trader Vic’s book. The Profit Ratio indicator is best suited for identifying the price reversal zone (especially the end of a retracement) with high precision. The signal line of the indicator helps you to keep track of the market volatility. Thus, a potential price reversal can be spotted when the Profit Ratio crosses above the signal line.The Quantum+Alert indicator for MetaTrader is the best technical trading tool for detecting overbought and oversold regions in the financial market. The indicator is built with an alert system to notify you of a potential BUY or SELL opportunity. It paints a BLUE and RED square to depict the overbought and oversold levels respectively..The red arrows depict when a trend reversal has descended, while the blue arrows show the commencement of an upraise. Download the Lucky trend reversal indicator for MT4 below: Download Lucky indicator. When there is a potential or temporary reversal, the indicators show a white square at that period. This characteristic of the Lucky reversal ... The above list provided the best trend reversal indicators for MT4 that provides profitable results. Though new and advanced traders can trade using use most of them. The best strategy is to practice them in demo trading and familiarise themselves to find an edge in trading. Feb 19, 2023 · The Up Down indicator is a trend trading indicator that attempts to simplify trading for forex traders of all skill levels. It appears on your MT4 chart as a series of green and red dots forming bars underneath and above the candlesticks, respectively. The green dots show that the market is on an uptrend, while the red dots signify a downtrend. The above list provided the best trend reversal indicators for MT4 that provides profitable results. Though new and advanced traders can trade using use most of them. The best strategy is to practice them in demo trading and familiarise themselves to find an edge in trading. The Secret Trend Reversal Forex indicator for Metatrader 4 is a free cutting edge indicator that’s used by many successful currency traders. For better usability, the Secret Trend Reversal Forex Indicator offers tweakable inputs variable values, and thanks to this, users can better understand price information.Jul 8, 2019 · Trend Reversal Indicator Overview. Once you are done with the installation of Trend Reversal Indicator at your Forex mt4 platform, your trading chart should be appeared as the following image: Trend Reversal Indicator. Trend Reversal Indicator generates the trend signal using a crossover of two modified moving average systems in a separate ... The trend reversal arrows Forex indicator for MT4 provides great buy and sell signals based on 2-bar reversal points in the existing trend. A blue arrow represents a buy reversal signal. In this case, the indicator expects the trend will reverse from bearish to bullish. A red arrow represents a sell reversal signal. Nov 13, 2021 · Working of reversal indicator mt4: When you apply this indicator to the charts, you will see yellow dots with blue and red circles around them. This indicator places a yellow dot with a red circle around it at the top of the candle, where the trend starts to go bearish. Similarly, the indicator is a yellow dot with a blue circle around it at ... Apr 5, 2023 · 123 Forex Patterns is a trend-following MT4 trading indicator. Identifies bullish & bearish trend reversals patterns. Points precise buy-sell positions in live markets. Trusted Brokers for Indicator trading. 123 Forex Patterns identifies potential trend reversal positions of the price. Sep 15, 2021 · MACD. The Moving Average Convergence and Divergence (MACD) is an oscillator that is developed from two moving averages. When applied in a chart, it usually moves to the lower panel. The indicator can be used in both trend trading and also reversals. A reversal in a MACD happens when the two moving averages make a crossover. This "Laser Reversal" indicator helps you identify trend reversals -- quickly and accurately. The secret behind its accuracy is the fact that the indicator COMBINES price action and multiple sophisticated market timing algorithms to determine these significant turning points in the markets. That way, you can be sure you have the best chance to ... Alerts for re-tests. Ability to set the indicator to just alert on long or short reversals. Great for monitoring pairs you want to only enter in one direction for, trend based trading. Added additional feature to give HTF directional arrow on all lower time frames viewed. Tweak to order block drawing logic.The Fiji BB Alert is a simple MT4 indicator that looks identical to traditional Bollinger Bands. The indicator comprises an upper and lower band and a central line like the traditional BB. The bands have a similar period, while the central line is a Moving Average. The upper and the lower bands present BUY/SELL signals.Sep 30, 2021 · FX141 September 30, 2021. 0. Among the many trend reversal indicators for MT4, there are some that are not worth writing about, while others are good. For example, the Forex Reversal indicator. Its indicator is one of the most reliable reversal indicators. It shows up on your chart as yellow dots wrapped in blue and red rings. Nov 21, 2022 · The mt4 trend reversal forex indicator is made up of two moving averages. The fast-moving average reacts faster to market changes, while the slow-moving average (MA) reacts slower to the market’s reactions. There is a proper reason behind using these two moving averages because a fast-moving average will give many false signals. Feb 19, 2023 · The Up Down indicator is a trend trading indicator that attempts to simplify trading for forex traders of all skill levels. It appears on your MT4 chart as a series of green and red dots forming bars underneath and above the candlesticks, respectively. The green dots show that the market is on an uptrend, while the red dots signify a downtrend. Aug 22, 2023 · Download Size: 19.55 KB Type: .zip. Downloads: 751. Trusted Brokers for Indicator trading. Rate this Product from 1 to 5. Description. Indicator Settings. Similar Indicators ( 0 ) Reviews (1) Trend Confirmation indicator for MetaTrader is a non-repaint trading tool that gives you a visual direction of the market trend. Jan 31, 2023 · The Magic Vision indicator for MetaTrader is a custom trading tool that follows the market trend and depicts the direction on a dashboard. It was built with moving averages (fast, medium, and slow) of different periods that enable it to follow the direction of the trend. The indicator essentially projects visual statistics of the trend ... The red arrows depict when a trend reversal has descended, while the blue arrows show the commencement of an upraise. Download the Lucky trend reversal indicator for MT4 below: Download Lucky indicator. When there is a potential or temporary reversal, the indicators show a white square at that period. This characteristic of the Lucky reversal ... Forex Reversal Indicator for MT4 - https://indicatorspot.com/indicator/forex-reversal-indicator/ - Download FREEThe indicator is in the TOP 10 which show tre... The Trend Reversal Indicator does exactly what its name suggests. Namely, it recognizes trend direction and, most importantly, when a trend makes a reverse. Such a reversal trade is potentially very profitable as price makes a large swing. The indicator consists of two lines: blue and red.The Wave trend oscillator indicator for MT4 is provides trend reversal signals based on oversold and overbought conditions. Furthermore, the convergence and divergence of the oscillator can help forex traders anticipate trend reversals.The Profit Ratio indicator is best suited for identifying the price reversal zone (especially the end of a retracement) with high precision. The signal line of the indicator helps you to keep track of the market volatility. Thus, a potential price reversal can be spotted when the Profit Ratio crosses above the signal line.The Profit Ratio indicator is best suited for identifying the price reversal zone (especially the end of a retracement) with high precision. The signal line of the indicator helps you to keep track of the market volatility. Thus, a potential price reversal can be spotted when the Profit Ratio crosses above the signal line.Trend Reversal Indicator MT4. This MT4 trend reversal indicator is a non-repainting indicator that looks to capture new trend reversals. This indicator looks to find the key swing highs and lows and give you clear buy and sell signals. The trend reversal MT4 indicator comes with a clear set of instructions and also has built-in alerts. The aggressive Agimat reversal alert Metatrader 4 Forex indicator is an awesome trend reversal indicator that has the potential to deliver massive profits. Agimat provides incredible buy and sell signal alerts on the chart, even before the big reversal move begins.The red arrows depict when a trend reversal has descended, while the blue arrows show the commencement of an upraise. Download the Lucky trend reversal indicator for MT4 below: Download Lucky indicator. When there is a potential or temporary reversal, the indicators show a white square at that period. This characteristic of the Lucky reversal ... Doji Reversal Candlestick. trend reversal indicators. When the fast MKNC4 appears just above the slow MKNC so this trend is reflected the bullish crossover which simply shows a signal of buying entry from the market. Reversal indicator – indicator that use for Metatrader 4 (MT4) or Metatrader 5 and most imported of the forex indicators.How to set up the CyberZingFx Trend Reversal indicator in MT4? Installation Guide. Copy and paste the CyberZingFx Trend Reversal Lite.mq4 or CyberZingFx Trend Reversal Lite.ex4 indicator files into the MQL4 folder of the Metatrader 4 trading platform. You can gain access to this folder by clicking the top menu options, which goes as follows:Forex Reversal Indicator for MT4 - https://indicatorspot.com/indicator/forex-reversal-indicator/ - Download FREEThe indicator is in the TOP 10 which show tre... The trend line in the example below is drawn using the method taught in my price action trading course. Combining swing pivots with trend lines is a great trend trading method. The 1-2-3 reversal is a basic strategy that relies on swing pivots to define a trend reversal. You can learn more about the 1-2-3 reversal in Trader Vic’s book. THE FOREX REVERSAL IS A MT4 INDICATOR THAT PROVIDES NON REPAINT BUY AND SELL ARROWS. Here at ForexReversal.com, we specifically designed something to help currency traders seek out useful trend reversals and retraces, either before they occur or just as they begin. For those of you who have been trading the foreign exchange markets for a while ...Jul 8, 2019 · Trend Reversal Indicator Overview. Once you are done with the installation of Trend Reversal Indicator at your Forex mt4 platform, your trading chart should be appeared as the following image: Trend Reversal Indicator. Trend Reversal Indicator generates the trend signal using a crossover of two modified moving average systems in a separate ... Aug 4, 2023 · Now go to indicator in METAtrader 4 Search custom indicators right side Navigator left side in you Metatrader 4 Chart. Now click on Trend Reversal Indicator MT4 indicators.mq4 and Active. Attach this Trend Reversal Indicator MetaTrader 4 indicator any currency pairs. Setup indicator setting as you want after that press ok. 🔝 Free Trend Reversal Trading Indicator in Top MT4 Indicators {mq4 & ex4} with Download ⤵️ for MetaTrader 4️⃣ & 5️⃣ - The Biggest Collection of Best Indicators & Systems on Best-MetaTrader-Indicators.com.Indicator makes complex calculations based on current market behavior, it analyzes current trend direction and phase, it fix the moment, when current trend becomes weak and it draws an arrow, on first reverse movement. Trader, using this indicator have a great chance to open a trade at the begginning of new trend. Indicator does not repaints.10 Best No Repaint Reversal Indicator for MT4 (2023) May 18, 2023 Indicators. A non-repaint Reversal trend Indicator that has been confirmed to work can completely transform the trade career. Specially if you are familiar with the market reversal and market observe patterns patterns. The indication we’re living in today is one of the better ...Aug 22, 2023 · Download Size: 19.55 KB Type: .zip. Downloads: 751. Trusted Brokers for Indicator trading. Rate this Product from 1 to 5. Description. Indicator Settings. Similar Indicators ( 0 ) Reviews (1) Trend Confirmation indicator for MetaTrader is a non-repaint trading tool that gives you a visual direction of the market trend. Higher Risk number would mean more lag but could also provide more accurate trend reversal signals. How to use the Trend Signal Indicator for MT4. As mentioned earlier, this indicator is a short-term trend reversal signal indicator. As with most short-term trend reversal signals, the signals it produces would not always be accurate.The A-Gimat Reversal MT4 Indicator is a powerful tool designed to identify and signal trend reversals based on zigzag patterns. It continuously scans price bars for highs and lows and places a signal arrow on the candle or bar when a reversal is detected. Additionally, the indicator provides horizontal lines on the chart to assist traders in ...The half trend BUY SELL MT4 indicator provides all the necessary aspects for forex trend trading. This indicator provides accurate entry and exit signals combined with trend strength. This Metatrader 4 free indicator provides the best arrow signals with no repaint. Since it is a non-repainting indicator, it is a very reliable tool.🔝 Free Reversal Indicator with Arrows and Alerts in Top MT4 Indicators {mq4 & ex4} with Download ⤵️ for MetaTrader 4️⃣ & 5️⃣ - The Biggest Collection of Best Indicators & Systems on Best-MetaTrader-Indicators.com.Sep 15, 2021 · MACD. The Moving Average Convergence and Divergence (MACD) is an oscillator that is developed from two moving averages. When applied in a chart, it usually moves to the lower panel. The indicator can be used in both trend trading and also reversals. A reversal in a MACD happens when the two moving averages make a crossover. 🔝 Free Trend Reversal Indicator in New MT4 Indicators {mq4 & ex4} with Download ⤵️ for MetaTrader 4️⃣ & 5️⃣ - The Biggest Collection of Best Indicators & Systems on Best-MetaTrader-Indicators.com.Trusted Brokers for Indicator trading. The Super Signal V3 Indicator is a simple MT4 indicator that presents an overall direction of the trend. It paints arrows on the chart to illustrate an uptrend and a downtrend. The arrows pop up when there’s a shift in market pattern. The green arrows point out an upward momentum.This "Laser Reversal" indicator helps you identify trend reversals -- quickly and accurately. The secret behind its accuracy is the fact that the indicator COMBINES price action and multiple sophisticated market timing algorithms to determine these significant turning points in the markets. That way, you can be sure you have the best chance to ...🔝 Free Forex Trend Reversal Oscillator in Top MT5 Indicators {mq5 & ex5} with Download ⤵️ for MetaTrader 4️⃣ & 5️⃣ - The Biggest Collection of Best Indicators & Systems on Best-MetaTrader-Indicators.com.The Best Arrow Indicators for Metatrader 4/5 Platform. The year 2023 offers exciting opportunities for traders, and using the right tools becomes a key factor for success in the Forex market. In this article, we present you with the top arrow indicator... Read More. 01.08.2023. Forex Reversal Indicator for MT4 - https://indicatorspot.com/indicator/forex-reversal-indicator/ - Download FREEThe indicator is in the TOP 10 which show tre...Jul 8, 2019 · Trend Reversal Indicator Overview. Once you are done with the installation of Trend Reversal Indicator at your Forex mt4 platform, your trading chart should be appeared as the following image: Trend Reversal Indicator. Trend Reversal Indicator generates the trend signal using a crossover of two modified moving average systems in a separate ... 🔝 Free Trend Reversal with Arrows Indicator in Top MT4 Indicators {mq4 & ex4} with Download ⤵️ for MetaTrader 4️⃣ & 5️⃣ - The Biggest Collection of Best Indicators & Systems on Best-MetaTrader-Indicators.com.Forex Reversal Indicator for MT4 - https://indicatorspot.com/indicator/forex-reversal-indicator/ - Download FREEThe indicator is in the TOP 10 which show tre... Jul 4, 2023 · The lucky reversal MT5 indicator helps MetaTrader 5 platform traders to identify reversals in the market. This indicator is one of the best MT5 indicators to trade market reversal. And you can add any technical indicator to your chart to facilitate trading. The MT5 chart below shows a trend reversal from up to down, due to price fluctuation. Aug 4, 2023 · Now go to indicator in METAtrader 4 Search custom indicators right side Navigator left side in you Metatrader 4 Chart. Now click on Trend Reversal Indicator MT4 indicators.mq4 and Active. Attach this Trend Reversal Indicator MetaTrader 4 indicator any currency pairs. Setup indicator setting as you want after that press ok. Chaos Visual Averages on extreme signals and close to major support/resistance/trend lines.Bollinger Bands when price pierces or touches the outer bands on standard deviation 3. This method has been working for me for 2 years with significant increase in portfolio size. Attachments. GBPAUDH1.png Viewed 8886 times 79.24 KiB.Sep 7, 2023 · The indicator is in the TOP 10 which show trend reversals and is suitable for intraday trading. Categories: MT4, Signal, Informational. Updated on: 17.08.2023. Download Size: 38.87 KB Type: .ex4. Downloads: 12.0k. Trusted Brokers for Indicator trading. Rate this Product from 1 to 5. Description. Indicator Settings. Jan 31, 2023 · The Key Reversal mini Indicator is a simple MT4 indicator that tells about the direction of the trend. The indicator plots H4, D1, W1, and MN are in the bottom left corner of the chart. Each timeframe has an arrow on the top. When the overall trend is down, the arrow paints red, while the indicator paints lime color when there is an uptrend. THE FOREX REVERSAL IS A MT4 INDICATOR THAT PROVIDES NON REPAINT BUY AND SELL ARROWS. Here at ForexReversal.com, we specifically designed something to help currency traders seek out useful trend reversals and retraces, either before they occur or just as they begin. For those of you who have been trading the foreign exchange markets for a while ...Mostly many mt4 best forex trend indicators give you daily or monthly trad entry point with stop loss on his last low candle in all timeframe. Reversal forex best trend indicator mt4 in the world. Fx trend indicator you will get here free and install own mt4 best forex indicators on charts. I also share many top indicators for forex trading if ...Feb 20, 2023 · The Fiji BB Alert is a simple MT4 indicator that looks identical to traditional Bollinger Bands. The indicator comprises an upper and lower band and a central line like the traditional BB. The bands have a similar period, while the central line is a Moving Average. The upper and the lower bands present BUY/SELL signals. Technical Indicators for MetaTrader 4. Signals from technical indicators listed below play a crucial role in opening and closing deals in MetaTrader 4 platform. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting price changes. The MetaTrader Market offers a convenient and secure venue to ...Jan 31, 2023 · Top 10 Pivot Point Indicators for MT4 – The Best of All. By Anastasiia. Pivot points are an excellent leading indicator in technical analysis. Most... Read More. 30Jun30.06.2022. Top 10 Moving Average Indicator For MT4. By Anastasiia. The core of the technical analysis is to identify the trend... Jul 4, 2023 · The lucky reversal MT5 indicator helps MetaTrader 5 platform traders to identify reversals in the market. This indicator is one of the best MT5 indicators to trade market reversal. And you can add any technical indicator to your chart to facilitate trading. The MT5 chart below shows a trend reversal from up to down, due to price fluctuation. May 23, 2023 · The A-Gimat Reversal MT4 Indicator is a powerful tool designed to identify and signal trend reversals based on zigzag patterns. It continuously scans price bars for highs and lows and places a signal arrow on the candle or bar when a reversal is detected. Additionally, the indicator provides horizontal lines on the chart to assist traders in ... Aug 22, 2023 · The forex reversal indicator for MT4 helps forex traders to ride the bullish and bearish market trend. In fact ,the indicator provides trading signals using a combination of classic ZigZag, Stochastic, Trend line and Moving averages. The indicator provides simple up and down arrows and is suitable for new and advanced forex traders. The Follow Trend indicator for MetaTrader is a trading system that closely follows the price of any tradable asset. The indicator can come in handy for detecting trend reversals as well as trend continuation. This technical indicator is built with an algorithm that keeps track of the recent market sentiment formed by the previous candlesticks.Sep 30, 2021 · FX141 September 30, 2021. 0. Among the many trend reversal indicators for MT4, there are some that are not worth writing about, while others are good. For example, the Forex Reversal indicator. Its indicator is one of the most reliable reversal indicators. It shows up on your chart as yellow dots wrapped in blue and red rings. | Cdvotw (article) | Murfol.