Trend change indicator. Trend reversal indicators for binary options, proven algorithms. Determination of a trend reversal by trading
Binary options trading is very effective way making a profit if you understand what this process is. In trading, you can perform only 2 actions: trade on a reversal or a trend continuation. A trend reversal is the moment when the trend in the value of the selected instrument (currencies, futures, stocks) changes from downward to upward or vice versa. To determine the moment of a direction reversal, many traders use special technical indicators that give certain signals for action. However, such signals are often given late, and the results of transactions can be unprofitable. You can determine a trend reversal without indicators using different methods.
Regular graphical constructions will help determine the trend of price movements on the stock exchange. If there is an upward trend, then the market is dominated by an upward price and vice versa, with a regular decrease in extremums, a downward trend prevails in the market.
As long as the trend maintains its upward or downward trend, you can open a buy or sell trade. currency pair. If such a pattern is violated, it is worth paying attention to the prerequisites for changing the direction of movement.
There are several entry points to the market on the reversal of the direction:
Figure 1. Phase of an uptrend
Determination of a trend reversal by trading
Trades are small horizontal segments of the chart that appear after an increase or decrease in prices. A trend is a clear and precise movement of the exchange rate in a selected period of time. It can be bullish or bearish. Bullish is when the value of quotes is constantly increasing, and the new maximum value of the trade will be greater than the previous one.
Bearish is a price movement in a downward direction, in which the next trade will always be lower than the last one. 
Figure 2. Bullish and bearish trends
Therefore, each significant number of candles on the chart will help determine the further movement of quotes. The market is constantly fighting bulls with bears. Moreover, the former will try to create a breakdown on top, and the latter - down. When one side wins, the price will move out of the range.
Determining trend reversals using trend lines
Classic trend reversal patterns
For a profitable opening of transactions in the markets, special ones have long been used. Since it is quite possible to determine a trend reversal without indicators using the existing classic figures, it is worth considering the main ones:
- triple top or bottom;
The first pattern of chart movement is the most popular, simple and accessible figure, signaling a change in its direction of movement. The model is a line of the neck, above which rise or under which the shoulders (right and left) and the head between them are located. It is recommended to open a deal in the case when most of the movement in the outward direction has already been completed. 
Figure 3. Head and Shoulders pattern
With a double bottom or top, two figures are formed with the same rules: two shoulders are located on the same strip. Only after the quote breaks through the neckline is it worth opening a deal to minimize risks. 
Figure 4. Double top
The triple top or bottom is similar to the previous figure, but consists of three shoulders located on the same line of the neck. It often happens that in a double figure there is no breakdown of the neck line and a third shoulder is formed. Such a detection guarantees a trend reversal. Before concluding a deal, it is also recommended to act after passing through the neckline. 
Figure 5. Triple top
A diamond is a diamond pattern that forms in an uptrend or downtrend. When the sloping resistance line is broken, it becomes possible to open a trade for an increase or decrease in the trend. The height of the figure is determined by the maximum price levels. If you look closely at the diamond pattern, you will notice that it resembles other patterns, including the head and shoulders, double and triple tops. When opening a deal, you must wait for consolidation or take a risk so as not to lose the meaning of opening a position and not miss a deal.
Figure 6. The figure "Diamond"
Candle Analysis
Candlestick patterns of trend reversal must be combined with technical analysis in order to obtain the most accurate results and minimize the risk of entering into unprofitable transactions.
We can distinguish the following patterns of direction reversal:
- bullish and bearish engulfing;
In the first option, a pair of candlesticks is presented on the chart. The first is a continuation of the previous trend and has a corresponding color. The second will symbolize the beginning of a new trend and have a different color. characteristic feature This pattern is that the body of the second candle completely absorbs the body of the first. With a bullish absorption, there will be a change in direction from a downward to an upward one, it is necessary to open a buy deal. In the case of a bearish engulfing, the chart reverses to the downside.
Figure 7. Bullish and bearish engulfing
Shooting Star and Hammer - these reversal patterns can be confused with each other. A shooting star is a short candle without a lower shadow, but with a very long upper. It doesn't matter what color it is.
A shooting star is a pattern that appears in a rising market and is a signal for a downtrend.
A very close pattern to a shooting star is the Hammer. It portends the imminent arrival of a growing trend. It looks like a small candle without an upper shadow (or a very small one), but with a long lower one. With large timeframes, colors will not matter, but on short interval trades, white will be stronger than black.
Figure 8 Shooting Star and Hammer
Trend reversal according to Sperandeo
The trend reversal according to Sperandeo has the second name of the change in movement by 1-2-3. The method involves the construction of a trend line, in which the following rules must be observed:
- choose the desired period - short-term (from several days to a week), medium-term (up to several months) and long-term (up to several years);
- the upward trend of quotations should be based on determining the upper and lower lows, connecting them with a line without price crossings;
- to draw a band for a downtrend in the market for a given period of time, you need to find two highs (lower and upper), similarly draw a line without price crossings in the selected interval.
After laying the line according to the specified method, it is necessary to designate a trend breakdown on it with the number 1 conditionally. The second point marks that segment on the chart where the price fluctuates at the minimum-maximum, but does not break through the given line. When a breakout still occurs relative to the first designation on the chart, it is necessary to mark this segment with the number 3. Now you can safely open a deal to buy or sell, respectively.
Results
Trading without indicators is actively used by traders, since it has many active and effective algorithms. They help to avoid the use of late signals and increase the likelihood of making a profitable trade.
“One enterprising and successful trader hung a horseshoe over his desk “for good luck”. Colleagues laugh:
- Boy, do you really believe in such prejudices?!
- Well, of course not. But, they say, this thing works whether you believe in it or not.”
The trend reversal indicator without redrawing is about the same story.
What is the happiness of such indicators? They predict price changes, and most importantly - the moment of a reversal or change in the existing trend - to make a decision about entering and exiting the market.
Redraws are multiple repetitions of false and confusing indicator signals. It is clear that without this unpleasant phenomenon, the analysis of market movements should go like clockwork.
But as a matter of fact, we are studying the overview and characteristics of the most profitable indicators - of course, without redrawing.
The concept and application of reversal indicators
Trend reversal indicators are very often used by Forex traders to forecast the likely direction. price movement for a specific currency pair. The trend reversal indicator is a forex indicator that shows a possible change in the price of an asset on Forex, as well as the moments of a reversal (change) of a trend that exists.
It can be very difficult to determine a change in the trend direction of a currency pair, since the indicators do not have a clearly defined shape on the chart, which means that each market player interprets their values in their own way (subjectively).
Therefore, along with the use of trend reversal indicators, it is recommended to use other tools technical analysis(for example: reversal and trend continuation patterns) to check the correctness of the forecast.
Thus, you can get rid of false signals and improve efficiency trading process earning significantly more profit.
What is "redraw"
Before proceeding directly to working with trend reversal indicators, it is necessary to answer the question: what is “redrawing”? This moment is very important for a trader. A redraw is when a candle on the chart is fully formed, and the indicator simply redraws its values after a candle or two, and sometimes more.
Such false (incorrect) readings of the indicator not only differ from the real "behavior" of the chart, but can simply confuse the trader himself. This fact negatively affects the trader's trading decisions.
Indicators without redrawing clearly and clearly show the situation taking place in the market, and the currency exchange player does not have questions about making the right decision to enter a position. Linear instruments are not exactly redrawn, they are used in conjunction with indicators. You can check the indicator for redrawing on a minute chart, observing the readings for half an hour.
Forex trend reversal indicators
There are a lot of trend reversal indicators in Forex: Momentum, Forex X Code, Trend Striker Extreme, Auto Trend Forecaster, Forex Glaz and others. The listed tools do not have redrawing.
The Momentum indicator is one of the most popular. The signal for a reversal of the price trend is the line crossing the level of 100.
Momentum indicator
The next indicator is Forex X Code. This tool is non-standard, however, it works very well. On the chart, the Forex X Code indicator consists of two blue and red curves. Blue symbolizes a trend reversal up, red - down. Everything is very simple.
Before you start working with "Forex X Code", the indicator must be configured. The optimal settings are shown in the figure:
Finally, let's consider another tool - the Trend Striker Extreme indicator. In fact, this is a histogram built by continuation from each trend candle. The appearance of blue bars indicates the beginning of an uptrend, red bars indicate a downtrend.
The downside of "Trend Striker Extreme" is the appearance, which does not allow you to add one or more oscillators to the chart.
Conclusion
There are no exact indicators of a trend reversal, there are only approximate indications of these points. The disadvantage of the above indicators is the impossibility of working in a flat (when the market is at rest). Also, professional traders are advised not to completely trust one auxiliary instrument, but to insure themselves with the signals of several more oscillators, and it is better to conduct a comprehensive forex technical analysis.
Source: "tradexperts.ru"
What is a Forex indicator
This is a mathematically calculated conversion of price and volume financial instrument collectively or separately, which is able to predict future price changes.
The technical indicator gives the trader the opportunity to make the right decision regarding the timely entry into the market and exit from the market, as well as which position is more appropriate to open in order to make a profit in the Forex market.Forex indicators exist great multitude, but at their core, many of them duplicate each other, with only minor differences.
By functionality, indicators are divided into:
- Trend indicators
- Oscillators
- Psychological indicators
Trend indicators
Trend-following indicators allow you to highlight the current price trend, which is the main object of study in technical analysis.
Most of the trend indicators are based on averaging and smoothing the price series using moving averages.
Forex technical indicators of this group give signals about a trend reversal, and also confirm or refute the stability of the current trend, but they cannot be used to predict small price fluctuations in the near future.
Examples of trend indicators (standard indicators in the MetaTrader terminal):
- Moving Averages (MA)
- MACD (MACD - Moving Average Convergence-Divergence) - ADX (ADX - Average Directional Movement Index)
- Bollinger Bands - Bollinger Bands
- Parabolic SAR, etc.
Oscillators
Oscillators - the easiest and most common type technical Forex indicators. They are leading indicators, that is, they allow you to predict price behavior in the near term, which distinguishes them from trend indicators, which only give lagging signals.
Examples of oscillators (standard indicators in the MetaTrader terminal):
- Stochastic Oscillator
- Williams' Percent Range
- RSI (Relative Strength Index), etc.
Oscillators are effective in the following cases:
- in the absence of a clearly expressed trend, that is, during periods of consolidation, when prices move in a horizontal corridor (flat)
- by the time of a slowdown or trend reversal: in this case, the oscillators leave the extreme zones, signaling the end of this trend
- when stagnation is replaced by a new price trend (oscillators reach extreme values)
Conclusion: oscillators give signals about the beginning, slowdown or trend reversal. On a strong trend, a negative oscillator analysis result is also good information confirming the trend.
As a rule, if the oscillator shows the same direction during a strong trend, and the price does not go in the direction indicated by the oscillator, then the stronger the up (down) trend will be in the future.When a trend changes direction, an oscillator can be both the most deceptive and the first signal of a trend change, so you need to be most careful when analyzing oscillators at the end of a trend's life cycle.
Psychological indicators
Psychological indicators determine the mood of market participants (for example, knowing the mood of the "players", you can predict the further movement of the Forex market).
Indicators of different groups can often contradict each other. For example: trend indicators can rise (giving a buy signal) while oscillators indicate an overbought condition and give a sell signal. Conversely, trend indicators may be falling (giving a sell signal), while oscillators may indicate oversold and signal a buy.
It is very easy to wishful thinking and fall into the trap of choosing the signal you like best. Each trader needs to create his own trading system that would take into account the readings of all indicators and resolve their conflicts. Indicators for Forex can be built both in a separate window, and can be plotted on a price chart in trading terminal MetaTrader.
Source: "forexratings.ru"
Why it is important to choose a trend reversal indicator without redrawing
The absence of redrawing is an important and useful property of any indicator. The indications provided by the indicators are obtained as a result of mathematical calculations. As a rule, in order to analyze the market and possibly predict its future behavior, it is necessary to take into account data on its behavior in previous periods.
If in its calculation algorithms the indicator uses, for example, 10 previous candlesticks of the price chart, then immediately after the next new price indicator readings may change as the study period has changed.
In this regard, when choosing such an indicator, you may find yourself in an awkward situation when, after the release of a new candle, the readings have changed, and the order has already been opened, and, as it turned out, incorrectly. In this case, you can get losses. Based on the above, we conclude that it is better to use accurate reversal indicators that work without redrawing.
It is also important to choose an indicator that will work without delay.
The situation in which the indicator shows its new calculations late, and without warning about it, may turn out to be unprofitable. Imagine that you are away from the computer, come and see that the next candle has closed and the indicator shows a buy signal. You open a trade, and after that, the indicator readings are updated, since it works with a delay.
According to his new testimony, the previously given signal is no longer relevant, and the deal becomes unprofitable. Therefore, you should choose trend reversal indicators not only without redrawing, but also without delay. Of course, no indicator will work perfectly. This conclusion can be drawn by analyzing the method of receiving signals.
These are nothing more than mathematical calculations that cannot predict the behavior of people and the market as a whole with 100% accuracy. However, for comfortable work, you do not need an indicator with error-free signals. It will be enough that the useful signals exceed the unprofitable ones.In order to consistently be in the black, you need to properly manage your funds. skillful management own capital will allow you to easily stay in the black and earn. It is important to choose the size of the order in such a way that in case of losses, you can easily cover them. Another important rule entry into the transaction is the strength of the received signal.
It is necessary to calculate how much money you can get if the signal is triggered, and how much you can lose if it is erroneous. This ratio of profit to loss should be at least 2-3 times higher. The higher it is, the better. This will allow one profitable trade to cover several unprofitable ones. Compliance with such simple rules will help not to be afraid to work, but to do it with pleasure and without unnecessary expenditure of nerves and strength.
Source: "fxbook.su"
Reversal indicators for financial markets
A trend reversal in Forex is usually called chaotic jumps and price changes, which are viewed using special indicators. In this case, a trend reversal indicator is used, which allows you to determine the type of movement and price patterns.
It is safe to say that the reversal indicator is a kind of basis for determining actions in a given situation. Most trend reversal indicators are oscillators that determine trading volume, price value, and other inputs.
With the help of such indicators, you can determine the point after which the price changes dramatically. It is these data that are the starting point for entering and exiting the market. The no-redraw trend reversal indicator for financial markets is easy to use. You can easily install this indicator and immediately after the launch you will receive all the necessary information on the indicators you have defined.
The reversal indicator allows you to get all the necessary data and visually represents the current situation in the Forex market. This type of indicator is efficient and easy to use. It will be useful for experienced traders who actively play on the stock exchange, as well as for beginners who are trying to capitalize on cardinal price changes. There is no difficulty in using a specific trend reversal identifier.
If necessary, you can find instructions on the Internet for using a particular terminal or watch video reviews of the indicator you have chosen.
All this will make it easy to learn how to work with the identifier terminal, which in turn will provide high-quality and accurate information about the market. There are numerous fairly accurate indicators that give one hundred percent (well, almost 100%) forecasts of price behavior in the market. Based on the received data, you can easily make buying or selling decisions.
Some varieties of trend reversal indicators take into account time and show trend changes in real time. We recommend using such professional indicators that provide 100% accurate and correct information.
Friends, I generally do not recommend using all possible indicators. They blunt the trader and do not give him further development. Everything described above was for you to understand how almost all sites on the subject of financial markets inspire the use of indicators.If you correctly determine the trend, then there is no need to use a variety of filters for price behavior. Try and study, see where and when the price reverses. Price ranges, the work of major players in the financial markets will help you have stability. Do not repeat the mistakes of hundreds of thousands of traders. Be one step ahead and most importantly, think only with your head.
Source: "pricerange.ru"
Forex indicators for MetaTrader 4 (MT4)
Indicators without redrawing are a special type of technical indicators for trading on foreign exchange market. It is generally accepted that indicators without redrawing are more accurate and efficient than most other indicators.
It often happens that, for example, pointer indicator changes the previously given signal to enter the market, adjusting it to a new market situation, that is, redrawing it, thereby giving a false signal.
Using the first, incorrect signal, the trader receives a loss. Indicators without redrawing, due to special analytical algorithms, do not have this drawback and give unchanging signals to enter the market. This also makes it possible to evaluate their effectiveness on history without distortion.
Signal indicator for binary options PLATINUM
The signal indicator for binary options PLATINUM, according to the authors, has no analogues and has a profitability, with standard settings, of the order of 80-90%. A signal in the form of arrows of the corresponding color appears on one candlestick and is not redrawn.
The newest trend indicator FOREX X CODE with entry signals
Here is the latest Forex X Code trend indicator, which promises 150-300 points of profit daily. Is it hard to imagine? Yes, perhaps... However, this is exactly the statement made by the distributors of this indicator. In fact, the Forex X Code indicator has all the positive and negative properties of any similar indicator: it shows a price reversal well, but it is difficult to behave in a flat.
Its advantage is the fact that the indicator does not redraw, and this, of course, is worthy of praise, given the rather accurate signals for the beginning of a new trend. We find it difficult to say how true the profit figures stated with the Forex X Code indicator are, but for work it will not only fit, but it will definitely perfectly replace the trend filter you use.
We recommend watching it on the GBPJPY on the 15-minute timeframe - that is where it signals best. Be sure to limit yourself to transactions at the moment when the indicator draws horizontal line. You can also work on the exit so as not to lose profit. Additionally, it should be said that the Forex X Code forex indicator has a clear, convenient graphical indicator of the current trend, as well as a sound signal when trends change.
Arrow indicator of binary options KILLBINARYSIGNALS-2
Forex indicator KillBinarySignals-2 is an arrow type indicator, it is universal and can be used for trading binary options, as well as intraday trading any available in trading platform MetaTrader 4 assets. According to the developers, the killbinarysignals-2 binary options indicator gives very accurate signals to enter the market in the form of colored arrows on the first candle.
The developers also claim that the problem with signal redrawing, which was in the first version of the indicator, has been successfully resolved. Binary options indicator KillBinarySignals-2 in without fail must be checked for redraw. When using the indicator as a source trading signals need introduction additional filters.
Indicator for binary options PZ BINARY OPTIONS
Mathematical approach to making a profit. The indicator analyzes the patterns of price movement and, using a clear mathematical approach, allows you to make the right decisions in the binary options market. The indicator for binary options PZ Binary Options is easy to use, does not redraw, and allows you to trade Call and Put options with almost any expiration time.
The indicator for binary options PZ Binary Options uses the readings of moving averages for a specific period, on the basis of which the Call / Put probability ratio is calculated, which is displayed near each candle and in the upper right corner of the chart.
In the basement of the PZ Binary Options indicator for binary options, there is a histogram that is similar in functionality to the MACD indicator, but additionally has two levels, the overcoming of which is regarded as a buy signal for the corresponding binary option.
According to experts, the indicator for binary options PZ Binary Options can be used quite effectively in trading strategies for binary options, such as a strategy for short-term binary options.Also, the indicator for binary options PZ Binary Options can act as a filter for arrow and signal indicators. An additional advantage of the PZ Binary Options indicator is the ability to use it to trade options with any expiration date.
Forex Oscillator LELEDC-SSRC
Forex indicator Leledc-Ssrc has long earned the attention and interest of traders around the world. Its main task is to track the dynamics of the market, indicate the trend and flat.
Its initial version, the Ssrc oscillator, was used in various trading strategies. But almost always the problem side of it was that it redraws the data with the arrival of new data. Here is the Leledc-SsrcForce oscillator, which does not redraw. It also continues to indicate a trend and a flat. It gives a signal to sell and buy at the intersection, but does not change its mind after the candle closes.
Analyzing the operation of the Leledc-Ssrc Force Final No Repaint forex indicator, experts drew attention to the fact that, in general, it is rather late in determining signals and does not process trend movements well. Therefore, before use, we recommend choosing the anti-aliasing parameters for your vehicle and pair, after testing it on a demo.
Signal indicator KANAL HANDELS SIGNAL
The Kanal Handels Signal signal indicator is a modification of the popular Super Signals Channel forex indicator. According to the author, the signal redrawing characteristic of the original has been eliminated in the Kanal Handels Signal indicator. Kanal Handels Signal needs to be tested and applied with other forex indicators that filter its signals.
Forex signal indicator SUPER POINT SIGNAL
Indicator super point Signal for currencies and binary options, according to the author, is focused on binary options trading, however, it can be successfully used in regular Forex trading. Designates with dots of the corresponding color potential price reversal points that are not redrawn.
Additionally, the Super Point Signal indicator implements the display of a text message about the appearance of a signal and sending the signal to e-mail. The principle of operation of the indicator is unknown. When trading Forex, we recommend using its signals only in the direction of the trend.
Forex indicator AUTO TREND FORECASTER
Forex indicator Auto Trend Forecaster opens in a new window and displays the current market trend: blue color indicates an uptrend and the need to buy, red - a downtrend and a sell signal. The indicator can be used on any pair and timeframe, depending on your needs. The indicator does not redraw and for ease of use it has a sound signal that warns of a trend change.
Experts recommend choosing more active pairs and using the filter during the European and American sessions, because the Auto Trend Forecaster will not be so productive on the flat. In addition, we recommend using some kind of oscillator familiar to you in conjunction with the indicator in order to avoid trading in the sideways market, and an indicator or strategy that shows a clear exit from the position in order not to miss profits.
As another strategy option, you can combine several trend indicators in one bundle with the Auto Trend Forecaster forex indicator and work when all three signals are received in one direction.
Arrow forex indicator PZ SWINGTRADING
This is an indicator designed for swing trading, which is built on the cycles of price fluctuations within one week. Forex indicator PZ_SwingTrading operates with several price vectors, monitors trend directions and finds oversold and overbought phases, as well as readiness for corrective impulses.
Indicator features:
- The colored bars on the chart represent the main line of opportunity;
- Arrows of the corresponding color and direction mark the points of reversal swings;
- Dotted lines indicate likely reversal swings.
- Customizable trend and swing periods.
- The PZ_SwingTrading indicator implements a notification system about the appearance of a particular signal.
- Signal redrawing is excluded in the indicator.
Experts note that the life of positions in swing trading ranges from one to four days, with the obligatory closing of the position on Friday. This style of trading is not very suitable for novice traders, however, subject to the rules, it brings a stable income. According to most traders, the arrow forex indicator PZ_SwingTrading is considered the best indicator 2015 for swing trading.
Forex trend indicator SUPER TREND PROFIT
85-90% profitable trading signals. Forex trend indicator Super Trend Profit is similar to the standard Moving Average indicator. It is a line on the chart of a currency pair that changes depending on the direction of the price. In addition to the direction of the line, it changes color at the reversal points, thereby giving a signal to enter the market.
At the color changing points, the indicator also gives a sound signal and the inscription SELL or BUY appears on the chart. In addition, in the indicator settings, it is possible to set the desired stop loss and take profit levels in points. Super Trend Profit gives signals without redrawing, and their accuracy is 85-90%. Unfortunately, the indicator is presented in a closed code, so it is quite difficult to talk about the principle on which it is built.
Forex divergence indicator AWESOME OSCILLATOR DIVERGENCE with entry signals
It is a modification of the standard Awesome Oscillator indicator, which uses a complex mathematical algorithm. In addition to the information provided by the original indicator, the Awesome Oscillator Divergence displays the divergences of the price and the histogram of the indicator with blue lines.
Based on divergences, the Awesome Oscillator Divergence indicator gives signals to enter the market in the form of up and down arrows. According to the author, the arrows are drawn only along closed bars and are not redrawn.
The Awesome Oscillator Divergence will be an excellent replacement for the standard instrument, however, to enter the market based on the indicator's signals, you need to introduce additional filters.
Arrow forex indicator ZIGZAG LARSEN OUT & ALERTS
This is a modification of the popular Zigzag Larsen indicator, which eliminates the redrawing of signals and their delay. At price reversal points, the ZigZag Larsen out & alerts indicator draws arrows of the corresponding color and direction.
Additionally, sound and text alerts are built into the indicator, as well as sending a message to e-mail. Please note that on the zero bar the indicator signal may still disappear, but on the first bar it will appear unambiguously without redrawing.
To eliminate price noise causing a large number of signals, it will be very effective to use the arrow indicator ZigZag Larsen out & alerts on Renko charts.
Forex indicator WILDHOG NRP + DIVERGENCE
As the name implies, it is designed to identify and determine divergences on the price chart of a currency pair. The Wildhog nrp + divergence divergence forex indicator recognizes bullish and bearish divergences, displays them on the chart, and can also display a signal window with a message about the detection of divergence, notify with a sound signal and send a message to the mail.
In addition to identifying forex divergences, the Wildhog nrp + divergence indicator operates with overbought and oversold levels, and also indicates recommendations for entering the market with arrows. According to experts, the Wildhog nrp + divergence divergence forex indicator can be used in trading only in combination with filtering indicators in order to avoid false market entries.
Arrow forex indicator BRAINTREND2SIG
It gives signals to enter the market using the readings of the ATR and Stochastic indicators. Signals to enter the market are displayed as arrows of the corresponding color and direction, and are also duplicated by a sound alert.
Despite the statements that the signals of the BrainTrend2Sig arrow forex indicator are not redrawn, they should be treated with a certain degree of caution, however, as well as the signals of any switchman.
Arrow forex indicator STOP REVERSAL BLUESTOPS + ALERTS MOD
This is a signal indicator that displays market entry points and stop-loss order levels on the price chart. Position opening levels are displayed as arrows of the corresponding color. Signals of the Stop reversal bluestops + alerts mod indicator are not redrawn. The signal to close a position is the appearance of an arrow in the opposite direction.
Setting the stop loss level is possible both at a given distance and based on the calculation of the volatility level. The indicator duplicates graphic signals with sound, text message and sending to e-mail. Arrow forex indicator Stop reversal bluestops + alerts mod should be used on pairs with high volatility and only in trend trading, since it will give false signals in a flat.
Forex Oscillator KWAN ZIGZAG BETA
Based on calculations with RSI, Stochastic and Momentum indicators. At its core, it traditionally indicates the overbought and oversold levels set by the trader, as well as colors the indicator in different colors, showing the uptrend and downtrend of the market.
The signal for the Kwan ZigZag BETA indicator can be either a change in the color of the line or its exit from the established levels. It is also possible to combine both variants of these signals.
Signal forex indicator SIDUS-5
This is a switch indicator, which is based on the well-known currency traders Sidus method. The Sidus method involves the use of two sets of moving averages, which create a kind of channels.
The essence of the Sidus method is that the most profitable positions are opened at the moment of the intersection of these channels.
In the Sidus-5 signal forex indicator, these intersections are not displayed on the price chart, but are indicated by arrows of the corresponding color and direction, which, according to the indicator developers, are not redrawn. The Sidus-5 signal indicator gives the most accurate entry signals on the GBP/USD, EUR/USD and EUR/GBP currency pairs, on the H1 timeframe.
For convenience, in the signal forex indicator Sidus-5, when an arrow appears, a sound signal and a text message are sent in a separate window. The Sidious method is positioned as a profitable trading strategy that does not need additional filters.
An example of the practical application of the Sidus indicator in the forex trading strategy FMFX Trading System
The FMFX Trading System forex trend trading strategy uses standard forex indicators and their modifications, therefore it is easily optimized and has clear rules for entering the market.
Input parameters:
- Currency pairs: any
- Timeframe: M15 - H4
- Trading hours: around the clock
- Strategy type: trending, indicator
Trading strategy forex FMFX Trading System is installed in the standard way. If you did everything correctly, then your terminal desktop should look something like this:
Forex Trading Strategy Template FMFX Trading System
Used indicators
The FMFX Trading System trading strategy includes three indicators, one is responsible for determining the entry point, the rest are filters:
- Sidus v3 indicator - displayed as two lines of yellow and red. The indicator is based on two standard moving averages and the RSI indicator.
A buy arrow appears when the slow moving average crosses upwards + RSI indicator should be above level 50.
A sell arrow appears when the slow moving average crosses down from the fast moving average + the RSI indicator is below the level of 50.
In this indicator, you can optimize the parameters of the moving averages, as well as the RSI indicator.
- Parabolic SAR is a standard indicator of the MetaTrader 4 platform. It is displayed as green dots above and below the price. It acts as a filter in the strategy.
- The Force Index is a well-known indicator in the circles of traders, created by the famous trader Alexander Elder. The indicator is an oscillator that measures the strength of a trend.
Buy signals
To enter a buy, a number of the following conditions must be met:
- The yellow line of the Sidus indicator (fast moving average) crosses the red line (slow moving average) from the bottom up.
- The Sidus indicator draws a blue up arrow.
- The point of the Parabolic SAR indicator is below the price.
- The Force Index indicator line is above level 0 (indicated by the blue line).
Buy entry example
Sell signals
To enter a sell position, a number of conditions must be met:
- The yellow line of the Sidus indicator (fast moving average) crosses the red line (slow moving average) from top to bottom.
- The Sidus indicator draws a yellow down arrow.
- The point of the Parabolic SAR indicator is above the price.
- The line of the Force Index indicator is below level 0 (indicated by a gray line).
Sell Entry Example
Setting a stop loss
In the trading strategy for the forex trading strategy FMFX Trading System, a stop loss is placed in the classic way: at local lows and highs, support and resistance levels. In the strategy, there is an alternative setting of a stop loss at the point of a parabolic - above the candle on which we enter the position.
An example of setting a stop loss
Exit a position
- According to a given take profit (the ratio of profit to loss must be at least 1 to 1). On the opposite signal (sometimes the opposite signal can take all your profit).
- According to the Force Index indicator. If you opened a buy position, the signal to exit the position is the crossing of the zero line from top to bottom, or vice versa.
- You can also close a position at the expected levels (for example, by Fibonacci grid levels, Murray levels, etc.).
Money management. conclusions
Competent observance of money management is the key to your success. The percentage of risk per position should not exceed 2% of the deposit.
The forex trading strategy FMFX Trading System actually consists of classic indicators or their modifications, so I am very pleased with the possibility of optimizing all parameters, which allows you to adjust the strategy to real ones. trading conditions. All indicators are harmoniously matched, complementing each other. The trading strategy of the FMFX Trading System is quite simple, so it can be mastered by both a beginner and a pro. A passing trend, gentlemen.
Countertrend trading is a risky, but promising type of trading, with proper analysis, experienced Forex traders are able to profit from “all” new movements. The use of indicators to determine the trend reversal allows you to increase the accuracy of the forecast, and hence the likelihood of success. KDJ, despite its external simplicity, is a unique tool for predicting a change in an established trend; it can be used both in technical analysis and in building an automated trading strategy.
Unique Forex trend reversal indicator
KDJ belongs to the trend group of indicators, but it is not among the standard MT4 tools. The file with the .mq4 extension can be downloaded for free at the end of the article and installed on the trading platform.
In the terminal this the trend reversal indicator is displayed in a separate window below the chart. The algorithm itself is based on the instrument included in the standard set of MetaTrader4 - . 3 Moving Averages with different periods are used, these lines are observed in a separate window under the price chart. Depending on the location of the MA relative to each other, market participants identify the state of the chart.
A simple trend reversal indicator gives 3 types of signals depending on the position of multi-colored markers:
- for sale - the lines should line up in order, from top to bottom - green, blue and red. Green is the slowest and reacts to price changes with a big delay, blue is average speed and red is the fastest;
- to buy - the lines should line up in the reverse order;
- in the flat market - the lines are intertwined. This signal should be considered only as a recommendation to refrain from trading.
You can find modifications of this current trend reversal indicator on the web. The additions are minor, for example, arrows have been added that appear on the chart when buy or sell conditions are met, but such signaling devices are more likely to confuse showing false trend reversal signals.
Why use a trend indicator
There are only 3 options in the settings:
- nPeriod - sets the number of candles on which the value of the green line is calculated;
- factor1 and factor2 are reduction factors used in calculating 2 faster lines.
Without additional filters, the number of false signals during flat movement will go off scale. The problem is that KDJ allows you to determine trend reversal points quite accurately, but during times of uncertainty in the market, it generates false signals. That's why during a calm on the chart of a working asset, it is not recommended to catch trend reversals by KDJ.
Let's look at a couple of examples:
- in the first variant, the signal was received at the very beginning of the trend movement, first a bullish candle formed, then a doji pattern, and it was on it that KDJ allowed entering the market. Buying would bring about 70-80 points (for 4-digit quotes);
The next example is that the moving averages for KDJ lined up in reverse order and predict a turnaround for market participants, i.e. favorable position for opening sell orders. If the exit from the market was made on the reverse signal of the reversal indicator, then the profit would be 37 points.
The screenshot below shows the area where KDJ warns the trader against trading, this can also be considered a kind of signal. We see that the price is in a narrow corridor, while the indicator lines are intertwined and are within narrow horizontal boundaries.
Hence the main drawback - the KDJ can determine the trend reversal, but it does not provide any protection from the flat. So when working, areas with reduced volatility will have to be filtered independently.
- there are oversold and overbought conditions in this algorithm (similar to those used in ). If you take into work only those trend reversal signals that the indicator gives in these zones, then the number of unprofitable trades will decrease significantly;
- consider the distance between the lines and their direction. If they diverge and are directed in one direction, then the reversal has taken place, the trend is strong. And the sawtooth profile of the lines indicates an uncertain price movement - the signal is not the best, it is better to refrain from trading at such a time;
- to supplement the signals of the forex indicator KDJ with any other .
Recognize the beginning and end of a trend in time financial market Forex is a key skill of any trader, having acquired which you can consistently profit from currency speculation. For experienced traders, it is enough just to look at the market. Beginners, on the other hand, cannot always visually determine the end of one trend and the beginning of another. To do this, you can use trend reversal indicators. What programs can be used to quickly and effectively predict a change in trend?
Moving average indicator Q2MA
Moving averages are one of the most popular indicators in the Forex market. It is the base for many others. software products. You can determine the beginning and end of a trend directly and with the help of the movings themselves, but now we will talk about the modification of the indicator - the Q2MA program. You can download it by link. The appearance of the chart with the indicator installed looks like this.
The product consists of two lines, one of which is a trend line and the other is a moving average. In the settings, the Moving Average period is set to 13 candles. The trend reversal indicator gives signals indicating a trend change in the form of red and green circles located directly on the lines. The red circle indicates a downtrend. If you see a green circle on the chart, the movement of the price of the financial instrument will change to upward in the near future.
Points on the lines of the indicator appear when they cross. At this point, the program beeps. Setting up the product is very easy. You can specify the MA period, the possibility of sound notification and the smoothing period. You can experiment with the settings, but as the experience of other traders shows, the trend reversal indicator works well with preset settings.
Like many similar products, Q2MA is distinguished by a large number of false signals during the flat period. That is why it is better to use the program in a complex way, analyzing the market using other methods as well, or use several more programs to filter signals.
Forex Glaz trend reversal indicator
The job of the next indicator is to determine the extreme points of the trend, which are the presumed place for a trend reversal. In addition, it has a built-in program for determining the time until the completion of the formation of the current candle on the chart.
It independently determines the dominant trend in the market, which informs the trader in the lower right corner of the chart. Also, the program independently draws support and resistance lines that are important from its point of view. This is enough for a comprehensive market analysis. . This is how it is displayed on the chart.
The Forex Glaz Trend Reversal Indicator has a lot of customizable options, but most of them are only related to appearance points and lines on the chart. Usually the program is used in the form in which it was created by the developers. How to use it?
You should not install the product on charts with a time period below M15. In some cases, it can also perform well on smaller timeframes, but for this the trader will have to dodge. The recommended broker whose testing of the product showed good results is the company Alpari. Any currency pairs can be used. The program is universal and equally suitable for any financial instrument on the Forex market.
To trade according to the indicator readings, you need to use yellow dots, with the help of which the product highlights price extremes on the chart. If it appears above the chart of the currency pair, a sell signal is brewing. To do this, the message Down Trend should also appear in the information window. The deal is closed at the opposite signal - in the event of a yellow dot below the price chart. Accordingly, in the lower right corner you should see the inscription Up Trend. The blue and red dots on the chart are for scalpers. You need to enter buys on blue ones, and sells on red ones. In this case, trade is carried out over short distances.
Visual Mac indicator
This indicator is a non-standard display of the famous and popular MACD. The only difference is that it is displayed directly on the currency pair chart itself. Another signal line has also been added. The product has flexible settings. In particular, a trader can independently choose the period of the Moving Average and its type (simple, exponential, etc.), the type of price (closing, opening, minimum, etc.), adjust the parameters of the signal line, set custom colors for all constituent elements programs.
You need to open orders according to the indicator readings at the intersection of the averages. At the same time, the color of the histogram is decisive for the implementation of transactions. If the averages have crossed to sell the currency pair, but the histogram bars are purple, you cannot sell the instrument. This can only be done if the MACD chart turns brown.
Operations to buy a financial instrument can be carried out when the lines cross from the bottom up. Histogram bars should be purple. In the picture below, you can see what the indicator () itself looks like. A signal to buy a currency pair is circled in a green rectangle. In yellow - for sale. As you can see, in both cases the orders closed with a profit.
Despite the versatility of the product and its effectiveness, it is best used in combination with other trend reversal indicators to minimize the number of false entries.
Most traders determine the moment of a trend reversal using software products only at the initial stage of their career. However, the methods presented above may become good helper in trading on the Forex market and for experienced professionals who prefer trading by indicators to manual methods of market analysis.
Remember that the profitability of trading is very dependent on
Trend reversal indicators are technical analysis tools that help to timely determine the end of a directional one-way move. It works like this:
- a clearly defined trend is established in the market;
- the trader watches the reversal indicators and waits for a signal warning of an imminent change in the situation;
- there is an analysis of the received information;
- promising entry points are selected;
- the user opens a trade, trades in a new direction and waits for a return signal.
The value of reversal indicators is that almost all of them show signals without redrawing. Due to this, such tools can be used both in forex and in the market.
- BBandsStop;
- Flat_Trend;
- Robby D.S.S.
- Alex_Activity;
You look at their description, study the signals and see trading systems in which they are involved. All indicators are suitable for MT4, so immediately after reading them you can download them for free. At the end of the article, you will learn how to spot a trend reversal without indicators.
BBandsStop is a simple dot indicator that changes its color and location when the market trend changes.
Flat_Trend
Flat_Trend is a simple multi-colored indicator presented in the form of a histogram. IN binary strategies it is convenient to use it as a filter that absorbs noise on small timeframes.
To download the indicator, click on . 
To see Flat_Trend in action, read the article: "". It describes in which this indicator is involved.
Robby DSS
Robby DSS is not the best, but one of the most convenient reversal indicators. Necessary information the trader receives after evaluating two indicators: the angle of inclination and the color of the auxiliary points.
Alex_Activity
Alex_Activity is not a leading, but rather moving indicator, which was created to track the current market situation. It is convenient to work with it at short intervals and confirm the selected entry point.
TTL
TTL is a red-green histogram, which is displayed in a separate window under the chart. With this tool, a trader can assess the stability of a trend and identify turning points that precede a quick reversal.
Candlestick analysis
Based on this chart, the Price Action method was formed, which, by the composition and number of candlestick combinations, allows you to determine the market reversal in advance.
For more information, see the article "". It lists working models that will help improve the quality of your forecasts. To make things easier, we'll recommend five formations to get you started.
Graphic models
This forecasting method is based on a visual assessment of the structures that the price has formed on the chart. Detailed description you can see the method in the article "". It will consider four popular figures.
- "Head and shoulders".
- "Double and Triple Tops".
- "Wedges".
- "Umbrellas and saucers."
Warning
Conclusion
- Reversal indicators are technical analysis tools that allow you to see a market reversal in advance.
- Reversal indicators are suitable for forex and the binary options market.
- Candlestick patterns and chart patterns are alternative tools that help you timely see a roar reversal without indicators.