"Reversal Trend Market Setup"
"Reversal Trading Setup"
"Metatrader IV Platform"
Reversal Trend Indicator
The reversal trend indicator knows the price direction of the asset. A reversal can occur upward / downward. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside. Regressions are based on overall price direction and not typically found on one or two periods/bars on a chart. That's why a reversal trend indicator must have to spot reversals and to avoid losses of the trade.
The indicator creates a signal if the momentum retracts. The dotted line helps the system to find the trend. Best to trade with 30M to 1HR on USD/JPY pairs.
