MT4 Forex Indicator for Trend Reversals

The Forex Reversal is a Leading MT4 Indicator to help traders seeking turning points in the currency markets

PINPOINTING TURNS

Our software aims to predict when the FX market will turn, arguably the most difficult skill in trading.

MT4 CHARTING PLATFORM

Based on the one of the easiest to use platforms, namely Metatrader 4, thus ensuring compatibility.

EASY TO USE FEATURES

You won’t be overloaded with lots of confusing settings and options, we’ve really kept it simple to use.

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, you may very well have tested a variety of methods in order to catch tops and bottoms; often these systems will advise you to follow a certain candlestick pattern based on pure price action, or a piece of technical analysis, such as using Support and Resistance, or Fibonacci retracements. However, with the addition of too many tools, sometimes traders end up with rather cluttered charts which can make things confusing.

We want to do things differently. Essentially, the aim is: not necessarily to replace what a trader currently uses, but rather to present to the trader, a tool which offers buy and sell arrows on their currency chart, to seek out trend changes, without the need to over complicate by having lots of different tools and indicators on so many charts.

Cystal Clear Arrows

Example of a recent trade setup.  This is
exactly what occured  with our indicator

With the Forex Reversal Indicator, it aims to provide you with high quality signals, with a greater degree of accuracy compared to most others, where they often give lots of “false signals”.

forex_reversal_GBPNZD_M1_Dec_2018

Main Features of the FX Indicator

A huge amount of time and effort has gone into developing our currency trading software, resulting in what we present before you. This is due to the combination of a number of classic trend exhaustion patterns, in addition to our own proprietary methods. Our stringent algorithm means we’ve sacrificed the number of alerts, for the sake of accuracy. Consequently, you won’t be inundated with lots of false signals every day. Our algorithm means that it will only provide an alert until all the strict conditions are met, thereby giving an average of one signal a week (on the M1 timeframe).

In reality, there’s no doubt there’s great benefit in classic reversal methods and techniques whether it be the harmonics, (gartley / butterfly), or other wave theories like Elliot, Wolf and Hurst Cycles, or Andrew’s Pitchfork, or trend line bounces, using support and resistance, double tops & bottoms, plus Fibonacci retracements / projections, not to mention using overbought / oversold Stochastic, CCI, RSI and many more! As you can imagine, things can get rather complicated. Often a lot of discretion is involved, whatever type of trading you’re involved in, e.g. short term scalping or day trading, or longer term swing trading and position trading. In addition, the signals do not redraw or repaint – rather they appear at the close of the candle / opening of new candle. Nor do the arrows lag; some others softwares will actually display arrows 20 or 30 bars after the signal was meant to be entered, which defeats the purpose of trading that currency pair for which it was given. You can be assured that ours has none of these problems or issues.

SUPPORTS 28 CURRENCY PAIRS

Every trader knows the saying, “The trend is your friend.” To us, that just doesn’t suffice, and we expand upon that… so remember “the trend is your friend – until the bend!” Essentially, we seek to jump upon this saying with high precision, for 28 forex pairs.

Namely the EURUSD, USDCHF, GBPUSD, USDJPY, EURJPY, EURAUD, CADJPY, NZDUSD, AUDNZD, AUDJPY, NZDJPY, GBPJPY, USDCAD, AUDUSD, EURGBP, EURCHF, GBPCHF, GBPAUD, EURCAD, CHFJPY, AUDCAD, EURNZD, NZDCHF, NZDCAD, AUDCHF, GBPCAD, CADCHF, GBPNZD, for the M1 timeframe.

GET SIGNALS FROM JUST ONE CHART

Isn’t it annoying to have to attach an indicator to every single chart in order to receive the alerts? Well, that’s not a problem with ours. The “Global Alerts” function allows you to receive EVERY alert by just attaching the indicator to ANY chart! This essentially means, for example, lets say you have it attached to just the USD/JPY chart, then if a signal is generated on EUR/USD, it means your USD/JPY chart will alert you to the fact that EUR/USD has generated this signal. Then you can simply switch charts to see the actual arrow and trade in action! Bottom line, there’s no need to have 28 or more charts open to receive alerts – 1 chart will provide you with every alert.

UNIQUE TRADING ALGORITHM

Remember, the majority of trading methods out there exist to assist in such an endeavour, for example, divergences, harmonics pattern recognitions, volume spread analysis, the good old moving average, MACD, etc… The truth is, many of these have time tested concepts, hence it would be a folly to totally ignore them.
In fact, a combination of techniques is essentially what determines whether one has the threshold of confidence to enter a trade in the opposite direction, and it this that we had in mind when developing our product, i.e. amalgamating a number ideas into a complete custom package, with the aim of assisting traders in detecting trend changes, pullbacks and retracements.

PROVIDES MOBILE & EMAIL ALERTS

With our software, in addition to the normal alerts on your desktop, you can also be alerted if you’re away from your computer, firstly via email, and secondly via “push notifications”, which basically means if you have a compatible smartphone or tablet, you will be informed of any trades, virtually immediately. So for example, If you have an iOS device (e.g. iPhone or iPad), or an Android device (Android smartphone or tablet), then with our software, you can take advantage of the integrated auto alert feature, whereby you are instantly alerted when a signal has been generated (e.g. if you’re away from your MT4 platform / computer), in addition you can also set up email alerts straight to your inbox.

SIGNALS NEVER REPAINT NOR LAG

The issue of repainting can really cause problems for traders. If you’re not aware of what repainting is, it’s a problem that quite a few indicators have; where arrows may change location or completely disappear later on, which quite frankly is ridiculous.  So let us be extremely clear here – with our indicator, the arrows that you’ll get on your chart will not repaint nor lag. Meaning, that our arrows appear on time, and once they appear, they will always remain there.

ON GOING SUPPORT

We provide on going support, so don’t worry if you have any issues, we’re more than happy to help, whether you’re an existing client or someone looking to become one.

Please don’t hesitate to contact us via our contact form.

In addition, you may email us:

support@forexreversal.com

Screenshot of Actual Signals

What you’re seeing here are the real-time signals generated

Frequently Asked Questions

Will the Forex Reversal work on my broker?

 Absolutely, as long as you’re running the Metatrader 4 Platform.

Can I receive alerts on my iPhone or Android smartphone?

 Indeed! It supports Push Notifications to Google Android and Apple iOS based devices, including the iPhone, iPod Touch, and iPad tablet.

How many signals will I get?

 There’s usually an average of one signal per week, on the M1 timeframe (in total, across 28 currency pairs). Whilst this might not seem like a lot, and whilst we can’t guarantee the frequency of trades or when they’ll appear, it’s important to note that it is the quality of the signals that’s the most important factor. (Some weeks might give more signals, other weeks might not give any). There are already lots of other indicators out there offering dozens of arrows a day, but they just end up with a lot of false signals. With the very strict criteria implemented, it means you receive extremely high probability alerts which is actually what is essential. Note that the signals can occur at any time. Patience is required, and this will be rewarded with powerful signals, to which you can apply your own technical analysis.

What is the success rate?

Whilst it’s hard to put an exact figure on this, to our knowledge, we feel ours is the best MT4 forex indicator out there for reversals, (no matter whether comparing it with a free one, or premium / custom paid ones), providing the trader with entries which we believe no other for Metatrader 4 can match. The entries have been of consistent high quality, thereby allowing the trader to apply the exit method of their personal choice. Although naturally, we wouldn’t recommend trading with major economic news releases. Remember – this is an indicator, not an EA (Expert Advisor or auto trading bot).

How does the indicator work?

Whilst we can’t give away the proprietary algorithm designed privately and exclusively, we can inform you that we’ve combined a number of classical techniques plus our own unique twists and insights that make an excellent combination. Designed by the Forex Lasers team, having spent many years in analysing the currency markets, looking for potential opportune trend reversal trade setups.

I have a number of different brokers, can I use this on all of them?

Your license will work on ANY MT4 broker account of your choosing, (whether it be FXCM, Alpari, FXDD, MB Trading, Oanda, FXPro, FXOpen, etc…). Additionally, if you wish to change broker / account number, you can do so at any time, not a problem. We do suggest that you use an ECN broker, over using a dealing desk broker, due to a number of reasons, such as low spreads & commissions, speed of execution, and better support. Even if you don’t have an MT4 broker account, you can simply open one for free with any of them (even a demo account), and use that to receive alerts/arrows.

Exactly which currency pairs does it support?

Specifically: EURUSD, USDCHF, GBPUSD, USDJPY, EURJPY, EURAUD, CADJPY, NZDUSD, AUDNZD, AUDJPY, NZDJPY, GBPJPY, USDCAD, AUDUSD, EURGBP, EURCHF, GBPCHF, GBPAUD, EURCAD, CHFJPY, AUDCAD, EURNZD, NZDCHF, NZDCAD, AUDCHF, GBPCAD, CADCHF, GBPNZD. Remember, this only works for Forex trading. It’s not designed for any other financial trading instruments, such as commodities, stock or shares.

Do you have a refund policy?

As mentioned above, we focus on the quality of signals, (rather than quantity), thus we’re very confident that our product is the world’s greatest arrow based reversal indicator for MT4. However, if, after 6 months of testing, you don’t agree with us, and that there is a more accurate buy/sell arrow based reversal indicator out there for MT4 (on M1 timeframe), without repainting and lagging, then please show this to us, and we’ll happily refund your money, thereby de-activating your license (as long as you claim within a year’s time).

How about any future updates?

Any updates / bug fixes in the future shall be absolutely free to all our customers. Once our software is upgraded, you shall be notified within the application itself, with a link to the new update. It is imperative that you upgrade, since previous versions are not supported.

Further questions?

If you have any query, please don’t hesitate to contact us:

support@forexreversal.com

  MORE EXAMPLES OF TRADE SETUPS

 

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