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Content: Indicator: Market Reversal Alerts.ex4 v5.1 (Unlocked-Unlimited), NO MANUAL.
This Market Structure Reversal Alert Indicator is a powerful tool designed to help traders spot potential trend reversals or major pullbacks early by analyzing changes in the market structure. Here’s a summary and how you can use it effectively:
What It Does:
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Identifies when a trend is weakening or exhausting, signaling a potential reversal or pullback.
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Detects new highs/lows near exhaustion points and marks these with rectangles on the chart.
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Trails these rectangles as price moves, highlighting the tightest entry zones.
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Changes rectangle color on alert to show where a potential market structure shift has occurred.
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Works on all symbols and timeframes.
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Provides pop-up, push, and email alerts.
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Can show higher timeframe reversal zones on lower timeframes, aiding in bigger picture analysis.
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Offers options to filter alerts by direction and trade bias.
How to Trade Using This Indicator:
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Wait for a reversal alert (colored solid rectangle appears).
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Look left on the chart for confluence: Is the reversal happening near key support/resistance or supply/demand levels?
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Check a higher timeframe for major levels aligning with the reversal alert.
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If the reversal alert coincides with these levels, enter a trade in the direction of the reversal.
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Use stop loss just beyond the most recent swing high or low (whichever side invalidates the reversal).
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Set take profit using a sensible risk-to-reward ratio (1.5:1 or 2:1 minimum). For advanced traders, managing multiple entries with trailing stops can yield 5:1 or more.
Additional Tips:
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Combine with other indicators or strategies for confirmation.
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Use the alerts to avoid chasing trades; wait for the price to show signs of confirming a shift.
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The ability to view higher timeframe reversal zones on your lower timeframe chart adds a strong multi-timeframe perspective.
This indicator can help catch turning points early with clearer entries and managed risk — perfect for traders who want to trade pullbacks and reversals with confidence.

