Key Reversal Indicator for MetaTrader 5 Download - [Trading Finder]

The Key Reversal Indicator in MetaTrader 5 is a tool for identifying key reversal (pivot) points in price trends. This MT5 indicator uses colored arrows (green for buy signals and red for sell signals) to detect suitable entry and exit points in upward and downward trends.

Key Reversal Indicator Specifications Table

The general details of the Key Reversal Indicator are summarized in the table below:

Category	Trading Assist – Pivot Points & Fractals – Signal & Forecast
Platform	MetaTrader 5
Skill Level	Intermediate
Indicator Type	Reversal – Continuation
Timeframe	Multi timeframe
Trading Style	Intraday Trading
Trading Market	All Markets

Uptrend Conditions

On the EUR/USD price chart in the 1-hour timeframe, indications of trend reversal appear when the price reaches a key support level or an important order block.

As a result, the Key Reversal Indicator displays a green arrow below the candlestick.

This arrow acts as a buy entry signal, suggesting the potential start of an upward trend.

Downtrend Conditions

The price chart of USD/JPY in the 4-hour timeframe demonstrates that when the price reaches a significant key level and reverses, a red arrow appears above the candlestick.

The red arrow signals a trend reversal, indicating a suitable sell entry point.

Indicator Settings

The Key Reversal Indicator settings panel parameters are shown in the image below:

• Trend Detection Period: Defines the period for trend identification
• Max Bars: Maximum number of candlesticks considered
• Show Alerts: Enables alert notifications
• Send Mail: Sends email notifications
• Send Notifications: Sends push notifications

Conclusion

The Key Reversal Indicator is a tool for identifying key reversal (pivot) points in price trends. This MT5 signal and forecasting indicator uses green arrows (buy) and red arrows (sell) to detect suitable entry and exit points in upward and downward trends.