The Agimat Forex Reversal Alert indicator runs on Metatrader 4 and finds accurate trend reversal levels in any market.
After loading the indicator on the chart, the blue and red trend reversal arrows will appear on the chart.
You can enable/disable all trading alerts by editing the inputs tab.
- A blue arrow indicates a bullish trend reversal.
- A red arrow indicates a bearish trend reversal.
Indicator Example Chart (EUR/USD H1)
How to trade with it (example)?
Open a long trade as soon as the blue Agimat arrow gets printed on the chart.
Open a short trade as soon as the red Agimat arrow gets printed on the chart.
Exit the trade for a fixed profit target or close for a positive risk to reward ratio of at least 1.5.
Feel free to use your own favorite trading method to open and close trades with the Agimat Forex Reversal Alert indicator.
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Depth, deviation, back step, alerts message, alerts sound, alerts email, alerts mobile, color settings & style
Indicator type: Reversal
Repaint? Does not repaint the trend reversal arrows.
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the agimat-reversal-alert-indicator.ex4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.