PZ Reversal Fractals MT5
This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model.

Reversal fractals can start long trends
The indicator is non repainting
It implements alerts of all kinds
Customizable colors and size
This indicator is a reactive or lagging signal, because a a fractal is a formation of an odd number of bars being the middle bar the highest or lowest in the formation, and the indicator draws when the all bars in the fractal close. However, traders with a pre-existing directional bias will find this indicator extremely useful, picking up early entry points.

This indicator is not a boiled-down signals indicator nor a complete trading system. Please don't evaluate or review it as such.


Input Parameters
Bars in Fractal: Amount of bars in each fractal. Must be an odd number such as 3, 5, 7, 9, 11, 13, ...
Max History Bars: Amount of past bars to evaluate when the indicator loads.
Colors: customize arrows and lines colors and sizes.
Alerts: Enable or disable alerts of all kinds.

lucky-reversal_indicator.ex4

🛍 Perfect trading combo!
#education

❓ Try to combine moving averages with a Fibonacci extension to find the best entry and exit points.

🔼As the EMA 50 crosses the EMA 200, it's a good signal to look for buy positions. The level of 0.618 is located in the EMA200, and support zone, which is a perfect confluence area.

🟢The trade should be taken after a positive Price Action reaction to this level (candlestick formation). Fibonacci extension helps a trader to get the best Take Profit levels.

Do you use EMA+Fibo combo in your chart analysis?

Full cracked version - free for life
Standalone version (does not require installation or removal of an already installed version).

Win 10-11, x64.
Activation key: 7HNRX-D7KGG-3K4RQ-4WPJ4-YTDFH