ReversalNavi: Marking Reversal Bars and Post-Reversal Entry Levels

Summary

ReversalNavi is described as an indicator for identifying a reversal bar and a subsequent entry point. Its display uses colored marks to signal that a reversal has occurred, arrows to identify the reversal bar, and a line showing the midpoint of the range formed after that bar. The description is focused on the chart annotations and does not explain the conditions that qualify as a reversal or how the entry point is calculated.

The document notes that the indicator was first written in MQL4 and published in 2015. It provides no backtest, performance evidence, exit rules, or risk controls. Traders can learn the intended interpretation of its marks, arrows, and range midpoint, but cannot assess signal reliability or reproduce the method from this description alone.

Key ideas

• The indicator marks a detected reversal and points out the reversal bar.
• A line shows the midpoint of the range formed after the reversal bar.
• The description says an entry point follows the reversal bar but does not define its calculation.
• No validation results, exit rules, or risk controls are given.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.