PZ Reversals Fractals Indicator, Unlock Precise Market Reversals Instantly

The top PZ Reversals Fractals Indicator provides Forex BUY and SELL signals. Learn about significant market reversals.

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Description

An MT4 indicator that plots arrows to reveal market reversals is called the PZ Reversals Fractals Indicator. In order to identify market reversals, the indicator examines fractals. When a shift in the trend begins, it plots bullish and bearish arrows. All periods can be used with the indicator, although timeframes above M30 are the best for determining the trend’s direction.

BUY/SELL signals using the PZ Reversals Fractals Indicator

PZ Reversals Fractals Indicator

Buy and sell indications that are based on indicators are displayed on the EUR/USD H1 chart, which can be found that is located above. It is the indicator that is responsible for doing an analysis of the fractals, which ultimately leads to the identification of the market reversals. The presence of the blue arrow is a sign that a negative trend has reached its conclusion and now represents a positive state. This is a place where traders have the opportunity to place long bets.

Due to the fact that the red arrow signals that the rise is coming to an end, traders are able to profit from shorting the market. Traders also have the option of combining the Reversals Fractals Indicator with other indicators in order to acquire further confirmation of signals. This is done in order to maximize the effectiveness of the signals.

Conclusion

Fractals are analyzed by the PZ Reversals Fractals Indicator, which then gives an overview of significant market reversals. Traders are able to determine whether they should place long or short bets by evaluating the arrows. Also, the indicator is available for free download on our website for your convenience.

 

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EX: Refers to the general settings of the indicator.

Bars in Fractal: Default is 5; specifies the number of bars analyzed within fractals.

Max History Bars: Default is 5000; sets the maximum number of historical bars considered.

CL_Ex: Represents the color configuration settings.

Bullish Color: Default color is DodgerBlue for bullish signals.

Bearish Color: Default color is Red for bearish signals.

Size: Default size value is 3.

Alerts_Ex: Refers to the alert configuration settings.

Custom Alert: Default name is “My Alert Name.”

Display Alerts: Default is false; toggles alert display on or off.

Mail Alerts: Default is false; enables or disables email alerts.

Push Alerts: Default is false; enables or disables push notifications.

Sound Alerts: Default is false; enables or disables sound alerts.

Sound File: Default sound file is “alert.wav.”

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