Introduction to Reversal Navi Indicator

Sometimes, strong market momentum can be followed by a strong counter reaction. What goes up must also go down. This is the basis of the Reversal Navi Indicator. This indicator can be used for many purposes, including trading against momentum.

What's the Reversal Navi indicator?

Reversal Navi Indicator, a momentum indicator that tracks price action movements to determine the current direction of momentum, is called the Reversal Navi Indicator. It detects reversals against momentum as well as signals that indicate the cross-over of momentum and price.

This indicator plots arrows that indicate a signal to reverse the momentum. It also shows dots that indicate reversals at the middle of the range. Based on the reversal signals, the line represents the midpoint.

How does the Reversal Navi Indicator Work?

Reversal Navi Indicator employs a complex algorithm to identify reversal signals which are against the direction of momentum. The Reversal Navi Indicator plots a line based on the range of price movement and the arrow indicating reversal signals. The red lines indicate that there was a last momentum direction that was bullish and the blue lines indicate that there was a last momentum direction that was bearish. The dots represent the candles in which price action touched the line following a reversal.

Reversal Navi Indicator for Microsoft MT4

Reversal Navi Indicator offers traders a few options in its indicator settings that can be used to adjust the indicator's sensitivity.

The variable "High Low Period" refers to how many bars the indicator will base its price range upon and adjusts the length the indicator plots.

You can adjust the indicator's sensitivity by using the "Standby Bars" variable.

This indicator was created to detect possible reversals of current momentum. These are often initiated by the reverse arrows. Trading against momentum is a low-probability trade option.

Instead of trading against momentum, traders can watch how price action responds to the point at which the indicator plots an indicator dot signal and then trade in the direction that the momentum directs when appropriate.

Trade Setup

How to Enter?

Red should indicate bullish momentum. On the confluence between the red dot signal, a bullish reverse pattern, or an indecision candle, place a buy order. Place the stop loss below the entry candle.

When do you want to exit?

As soon as you see a red arrow pointing downward, close the trade.

Setup for Trades

How to Enter?

A bearish momentum signal is indicated by the line being blue. On the confluence between the blue dot signal, a bearish reverse pattern, or an indecision candle, place a sell order. Place the stop loss at the resistance higher than the entry candle.

When do you want to exit?

As soon as you see a blue arrow pointing upward, close the trade.

Conclusion

Sometimes, this indicator can produce conflicting and confusing reversal signals. Because the reversal signals are usually generated against the momentum's direction, this is a problem. Users can however observe price action and use this indicator to identify momentum direction and entry points.

Indicators - Download Instructions

Metatrader 4 (MT4) Indicator Reversal Navi is a Metatrader4 (MT4) indicator. The essence of this indicator is to transform the accumulated historical data.

The Reversal Navi indicator for MT4 allows you to spot patterns and peculiarities in price dynamics that are not visible to the naked eye.

This information allows traders to assume additional price movements and adjust their strategies accordingly. Click Here for MT4 Strategies

Forex Metatrader 4 Trading Platform

• Support available 24/7 by an international broker.
• Over 12,000 assets, including Stocks, Indices, Forex.
• Spreads and execution of orders are faster than ever with spreads starting at 0 pip.
• Start depositing now to get a bonus of up to $50,000
• Demo accounts are available to test trading strategies.

Step-by-Step RoboForex Trading Account Open Guide

How do I install Reversal Navigation Indicator for MSMT4.mq4?

• Download the Reversal Navigator for MT4.mq4
• Copy Reversal Navi indicator for MT4.mq4 and add it to your Metatrader Directory/experts/indicators /
• Metatrader 4 Client can be restarted or started
• Choose Chart and Timeframe to test your MT4 indicator
• You can search "Custom Indicators" using your Navigator, mostly left in your Metatrader4 Client
• Right click on the Reversal Navigator for MT4.mq4
• Attach a chart
• Change settings or click ok
• Your Chart contains the Indicator Reversal Navi indicator for MT4.mq4.

How do I remove the Reversal Navi Indicator from MT4.mq4?

• Select the Chart in which the Indicator is running in your Metatrader4 Client
• Right-click to open the Chart
• "Indicators list"
• Select the indicator and click delete

Reversal Navigation Indicator for Mt4 (Free Download).

--------------------