Lucky Reversal Indicator 17

MT4 MT5 TRADING

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: Indicator MT4 , INFORMATION , SIGNAL , TREND

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Size: 300KB Type: .zip

Ngày update: 20.5.2024

Forex trend reversals happen all the time. As long as there are trends, there will always be reversals. Many trend and trend reversal trading tools and strategies depend on this simple concept. It’s now only a matter of how a trader can use the right tools to catch the reversals and trade the trends. The Lucky reversal indicator is one of the many reversal trading indicators out there. But it has some unique features that make it different from other forex trend reversal indicators.

What Is The Lucky Reversal Indicator

The Lucky reversal indicator does what its name implies: it tells when the trend has turned from an uptrend to a downtrend, or from a downtrend to an uptrend. It gives its signals in the form of blue and red arrows, each followed by wavy horizontal lines. The blue arrow marks the beginning of an uptrend while the red arrow signifies a market reversal to the downtrend.

There is another feature of the Lucky reversal indicator that is not obvious at a first glance. This feature is the white square that appears when the indicator is suggesting a temporary or potential reversal.

INDICATOR SETTING

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The Lucky reversal indicator has one setting. It is the SRZZ. The SRZZ determines how often the trend reversal indicator gives you signals. The default setting is 60. Any number lower than 60 would give you more frequent signals. And any number higher than 60 will give you less frequent signals.