N Bar Reversal Detector Indicator for MetaTrader 4
The N Bar Reversal Detector Indicator for MetaTrader 4 is an advanced pattern recognition tool designed to help traders identify bullish and bearish reversal patterns with precision. By analyzing a user-defined number of bars, this indicator highlights potential market turning points using visual overlays, colored rectangles, and directional arrows, making it ideal for traders looking to anticipate trend exhaustion or key reversal zones.
With integrated trend filtering, Support And Resistance levels, and customizable algorithmic settings, the N Bar Reversal Detector adapts to multiple trading styles—from discretionary setups to algorithmic strategies.
How the N Bar Reversal Detector Works
The indicator scans candle patterns over the specified bar count to detect potential reversals:
Bullish Reversals (Teal) – Highlighted with colored boxes and upward arrows
Bearish Reversals (Crimson) – Marked with rectangles and downward arrows
Once a reversal pattern is confirmed, the indicator visually marks the bars forming the setup and aligns the signal with the trend (if trend filtering is enabled). This ensures that traders only act on high-probability reversals consistent with overall market direction.
Additional support and resistance context enhances trade decision-making, giving traders a clear framework for entries, exits, and potential reversal zones.
Key Features
Detects bullish and bearish reversal patterns over user-defined bars
Visual overlay with colored boxes and arrows for easy interpretation
Optional trend filtering to align signals with market direction
Integrated support and resistance levels for better context
Adaptable to discretionary and algorithmic trading strategies
By combining pattern recognition with structural market analysis, this indicator allows traders to anticipate turning points with confidence.
Why Choose the N Bar Reversal Detector
The N Bar Reversal Detector Indicator is perfect for traders who want a structured, visually intuitive method to capture trend reversals. Its combination of pattern detection, trend alignment, and contextual support/resistance levels offers a professional edge for both short-term and longer-term trading strategies.
