Description
The REA_DVT_Reversal it is an indicator that draws an arrow whenever it detects optimal conditions for a reversal. Designed and built for cTrader in collaboration with Protocol Automation, you can find the MT4 version by contacting them on Telegram here @ProtocolAutomation.
Functionality
- Arrows directly on the Graph
- Signal with pre-set message on Telegram via a Telegram bot –> Watch Tutorial HERE.
Parameters
Assistant
- Timeframes: Select the Timeframe where you want to Confirm the reversal
BUT
- Period: Select the Moving Average Periods (default 50)
CSR
- Period: Select RSI Periods (default 5)
- OverBought: Select the Overbought Level (default 80)
- OverSold: Select the Oversold Level (default 20)
Body
- –Value: Select the Minimum Pip Value of the Reversal Pattern Candles (default 5)
Arrow
- Up Color: Customize the color of the Buy Arrow, write the name of a color in English or enter Hex color code e.g. #ffffff (white)
- Down Color: Customize the color of the Sell Arrow, write the name of a color in English or enter Hex color code e.g. #000000 (black)
Telegram
- Telegram : Active with Yes or Deactivate with No
- Tokens: Enter the Token (string of numbers and letters) of your Telegram Bot that will send the Signals
- chatID: Enter the ID of the Telegram chat where you want the messages to arrive
Backtesting
- Bcktest: Enable or Disable Backtest mode with Yes or No