Forex Reflex MT4 Indicator

Forex Reflex MT4 Indicator:

About the Forex Reflex MT4 Indicator

The Reflex indicator is very easy to use, this is the key point. The indicator forms arrows (red and blue by default) and is installed in the usual way on any trading symbol with any time interval.
It is a trend and trading signal indicator based on the principle of combined analysis of calculated pivot points within a channel as well as overbought and oversold levels.
Indicator advantages
  • High accuracy;
  • Work with any trading symbols;
  • Works at any time intervals;
  • Not redrawn.
Input parameters
  • Period – indicator period;
  • LevelUp – overbought level;
  • LevelMid – balance level;
  • LevelDown – oversold level.

Test results:

Forex Reflex MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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