Key Reversal

[Apprentice]

Based on request.
viewtopic.php?f=27&t=63104

Key Reversal.lua

(3.09 KiB) Downloaded 1540 times

Key Reversal Signal.lua

(3.53 KiB) Downloaded 1019 times

MTF MCP Key Reversal Dashboard.lua

(8.93 KiB) Downloaded 1205 times

[cave76]

thanks

can you add this to it or change it
to this makes a higher high and closes below previous bars open for bearish
makes a lower low and closes above previous bars open for bullish
thanks

[Apprentice]

Can you define, higher high , lower low
Can i use fractal?

[cave76]

The higher high and lower low would be the extreme high or low of the candle before the signal candle
I don't think fractals would work because it take 5 candles to make a fractal

[cave76]

higher high a candle that makes a new high higher then the previous one
lower low a candle that make a new low lower then the previous one
fractals require 5 candles so I don't think they will work

[jrichardson83]

Could we have an MT4 version of this indicator?

Thanks

[Apprentice]

Your request is added to the development list.

[Apprentice]

Mq4 version can be found here.
viewtopic.php?f=38&t=63151

[Apprentice]

MTF MCP Key Reversal Dashboard Added.

[Apprentice]

The indicator was revised and updated.