You can specify which currency pairs and which time-frame you want the indicator to scan for Wolfe Wave patterns: Remember, you can specify as many pairs as you like. You can also use it for indices, stocks, futures, and gold (anything your broker offers in Metatrader). Our Reversal Dashboard takes care of it all. 🔝 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.Reviews (1) The Volume Rate Change indicator for MetaTrader, otherwise known as VROC, is a custom trading tool that gauges the fluctuation rate of the market volume. The indicator was designed to give you a visual representation of the rate at which the volume of an asset fluctuates. The indicator’s algorithm evaluates and displays the change ...Jan 20, 2019 · Here is a good indicator that helps predict trend reversals. Using it on m15 and daily timeframes gives good results. When a line is drawn on the bottom price usually rises. 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. 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. 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. 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. The indicators use advanced algorithms to analyze price data to help you spot trends to apply your personal trading strategy. Each indicator is unique in its own way, from trend lines and the Ichimoku cloud to identifying trends in the direction of the moving average line. They will become your indispensable tool, whether you are an experienced ...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. Jul 27, 2023 · The Super Trend is a non-repaint MT4 trend indicator. It applies only a single trendline curve for showing the reversal points of the market trend. In financial trading, a trend is your friend only when you can anticipate its direction correctly. However, determining the right trend is not enough for making profitable entries. The Super Forex Trend Reversal indicator for MT4 is based on the Alligator indicator and provides great buy & sell trend reversal signals. The indicator works both in trending and sideways markets. Key Points: A green histogram bar + arrow predicts a bullish trend reversal. An orange histogram bar + arrow predicts a bearish trend reversal.The idea here is to try and catch the maximum price swing. Here is how it works: a trend reversal indicator spots the crossover of two modified moving averages. They are generally displayed in a separate window. Some traders also know those moving averages under the MKNC4 abbreviation. The PSAR with Trend and Alerts applies dynamic trend lines to spot trend-reversal conditions. Also, it plots bullish/bearish trend alerts using arrow signals. This indicator offers a complete trading solution for forex and stock speculators by guiding them through key support/resistance levels and real-time trend alerts.The Reversal Diamond Indicator is a great trend trading tool able to predict retracements and reversals. Signals are highly accurate especially with volatile side way trend in any time frame as you can see in the video. Features of Reversal Diamond indicator: ☀ The indicator available on both metatrader 4 and metatrader 5. ☀ The indicator ...The Reversal Diamond Indicator is a great trend trading tool able to predict retracements and reversals. Signals are highly accurate especially with volatile side way trend in any time frame as you can see in the video. Features of Reversal Diamond indicator: ☀ The indicator available on both metatrader 4 and metatrader 5. ☀ The indicator ...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. 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. Jan 20, 2019 · Here is a good indicator that helps predict trend reversals. Using it on m15 and daily timeframes gives good results. When a line is drawn on the bottom price usually rises. 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.What you get. Non-Repainting Trend Reversal Indicator for MT4 + MT5. Position Size Calculator. Pop-Up Alerts. Sound Alerts. Email Alerts. Push Notifications. Our best and accurate non-repainting trading systems are here available ». Submit your review. 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 Super Forex Trend Reversal indicator for MT4 is based on the Alligator indicator and provides great buy & sell trend reversal signals. The indicator works both in trending and sideways markets. Key Points: A green histogram bar + arrow predicts a bullish trend reversal. An orange histogram bar + arrow predicts a bearish trend reversal.May 22, 2023 · 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. Trend reversal is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits. (downloadable file Trend reversal.rar contains Trend reversal.ex4 ) Many indicators detect the chart trend reversal, but not all are accurate. This one, however, is a good and valid forex indicator for detecting the change in direction. Working of reversal forex indicator mt4. When you apply this forex indicator to the charts, you will see yellow color dots with blue and red color circles around them.🔝 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. 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 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 ...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.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.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. 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.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 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.Trend reversal is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits. (downloadable file Trend reversal.rar contains Trend reversal.ex4 )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. Jun 4, 2022 · 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. 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. Jul 27, 2023 · The Super Trend is a non-repaint MT4 trend indicator. It applies only a single trendline curve for showing the reversal points of the market trend. In financial trading, a trend is your friend only when you can anticipate its direction correctly. However, determining the right trend is not enough for making profitable entries. I have been a big fan of accurate reversal indicators which are really useful in joining the trend after a pullback. - optimization results for eurusd m15 (for 1 year), every tick, slow complete. - results for backtesting and the settings for eurusd m15 timeframe, for one year with 2 indicators as the filters: nrtr color line and trendstrengthTraders Union Best Leading Indicators for Day Trading Forex with MT4/MT5: The Ultimate List. By PlatinumTrader. Forex day trading is a fascinating and potentially highly lucrative activity,... Read More. 22May22.05.2023. Mastering Market Dynamics: The Best Trend Reversal Indicators. By Anastasiia.🔝 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. 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. Dec 30, 2021 · Download the Trend Reversal.rar archive at the bottom of this post, unpack it, then copy and paste the Trend Reversal.ex4 or Trend Reversal.mq4 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: Aug 12, 2023 · 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. The PZ Reversals Fractals Indicator is an MT4 indicator that plots arrows to tell about the market reversals. The indicator analyzes fractals to locate the market reversals. It plots bullish and bearish arrows when the trend starts to change. The Indicator works on all timeframes, but it’s better to look for the trend’s direction on ...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.May 18, 2023 · Alfa Trend Indicator. Renko Trend indicator. Trend Momentum. 2. Moving Averages – Trend Reversal Direction Indicator. Moving averages are best for traders and they are very use to it, they can play with it and for using this they can get good experience and profit. There are some indicators that are best for traders so this is one of them to ... Aug 5, 2023 · 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 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 Reversal Diamond Indicator is a great trend trading tool able to predict retracements and reversals. Signals are highly accurate especially with volatile side way trend in any time frame as you can see in the video. Features of Reversal Diamond indicator: ☀ The indicator available on both metatrader 4 and metatrader 5. ☀ The indicator ...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.Aug 28, 2023 · 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. 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.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 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.Features of Reversal Diamond indicator v2.0. The indicator is available on MetaTrader 4. The indicator does not repaint. The indicator does not recalculate. The indicator works on any time frame but recommended is H4 and in any other time frame, the trend must be in a volatile sideways trend only. The indicator works on any pairs, stock, and ...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 Trend Reversal Indicator for MT4 is an oscillator that is based upon moving averages. The indicator plots continuous lines based on a fast and a slow-moving EMA. How Forex works for Beginners. The difference however is that this indicator works as an oscillator and sits in the sub-window. When the EMA’s intersect, buy and sell signals are ...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.MT4. 1 customer review. TopTrend is the best MT4 indicator for breakout & trend-following trading. Determines trend reversals & dynamic trend lines. Shows buy-sell entry & exit levels. Categories: Trend, MT4, Levels. Updated on: 27.05.2023. Download Size: 27.32 KB Type: .zip.May 22, 2023 · 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. 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. The trend market reversal indicator for MT4 simply plots two EMAs to present you with a direction of the trend. The indicator comprises two EMAs; one with the faster period and the other with the slower period. When there is a downward trend reversal, the slower EMA crosses above, the faster one. Conversely, when there is a downward reversal ...The PZ Reversals Fractals Indicator is an MT4 indicator that plots arrows to tell about the market reversals. The indicator analyzes fractals to locate the market reversals. It plots bullish and bearish arrows when the trend starts to change. The Indicator works on all timeframes, but it’s better to look for the trend’s direction on ...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. 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. Extract the downloaded Super Reversal Signal.rar. Go to “File menu” in Mt4 trading platform and click “open data folder”. Open Mql4 folder and open the indicators folder. Now paste the Super Reversal Signal.ex4 file into indicators folder and restart the MetaTrader 4. Traders UnionJul 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. Jul 23, 2018 · I have been a big fan of accurate reversal indicators which are really useful in joining the trend after a pullback. - optimization results for eurusd m15 (for 1 year), every tick, slow complete. - results for backtesting and the settings for eurusd m15 timeframe, for one year with 2 indicators as the filters: nrtr color line and trendstrength Here is a good indicator that helps predict trend reversals. Using it on m15 and daily timeframes gives good results. When a line is drawn on the bottom price usually rises.🔝 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 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. 🔝 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.The indicators use advanced algorithms to analyze price data to help you spot trends to apply your personal trading strategy. Each indicator is unique in its own way, from trend lines and the Ichimoku cloud to identifying trends in the direction of the moving average line. They will become your indispensable tool, whether you are an experienced ...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. Jun 4, 2022 · 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. In MT4 or MT5, the Profit Ratio indicator is presented as a chart. You can also display the delta of this parameter and the percentage of winning buyers/sellers separately. If you often go counter-trend while day trading, the indicator will become your indispensable assistant and protect you from opening hasty positions.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. Traders Union The Lucky Reversal Indicator is a custom-built indicator that is used to identify potential trend reversals in the market. This indicator is based on a combination of technical indicators and algorithms, which are designed to provide traders with high accuracy in identifying trend reversals. The Lucky Reversal Indicator works by analyzing the ...
The trend market reversal indicator for MT4 simply plots two EMAs to present you with a direction of the trend. The indicator comprises two EMAs; one with the faster period and the other with the slower period. When there is a downward trend reversal, the slower EMA crosses above, the faster one. Conversely, when there is a downward reversal .... Echo pb 250ln gas mix
The Brilliant Reversal Indicator for MT4 is a non-repaint trend reversal indicator that highlights the potential reversal zones of the price. Furthermore, it is also recommended for different trading styles like scalping, day/intraday, and swing trading. Finally, it is free to download.Best Leading Indicators for Day Trading Forex with MT4/MT5: The Ultimate List. By PlatinumTrader. Forex day trading is a fascinating and potentially highly lucrative activity,... Read More. 22May22.05.2023. Mastering Market Dynamics: The Best Trend Reversal Indicators. By Anastasiia.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. 🔝 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. 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. 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.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. Using the CyberZingFx Trend Reversal Indicator is easy - simply Buy when a Buy Arrow appears, and Sell when there is a Sell Arrow. To ensure your trades are secure, the indicator comes with specific Stop Loss placements. For a Sell order, place your Stop Loss above the Higher High, and for a Buy order, below the Lower Low.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...The idea here is to try and catch the maximum price swing. Here is how it works: a trend reversal indicator spots the crossover of two modified moving averages. They are generally displayed in a separate window. Some traders also know those moving averages under the MKNC4 abbreviation.The Super Forex Trend Reversal indicator for MT4 is based on the Alligator indicator and provides great buy & sell trend reversal signals. The indicator works both in trending and sideways markets. Key Points: A green histogram bar + arrow predicts a bullish trend reversal. An orange histogram bar + arrow predicts a bearish trend reversal.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).Traders Union.