VininI LRMA color (reversal indicator).

An interesting indicator option that will warn you about trend reversals and the start of a new trend, allowing you to close old trades without losses and open new ones at the most advantageous moment.

The reversal indicator alerts the trader by simply changing the color of the trend line. If you analyze the history, the signals are quite accurate.

The tool can be used equally effectively for both market entry and timely closing of existing positions, and it has no restrictions on currency pairs or trading timeframes.

VininI LRMA color works as follows: after adding it to the trader's terminal , a curved line appears on the chart that follows the trend, but:

• An uptrend is indicated by green.

• A downtrend is indicated by red.

• And the reversal period is yellow.

To achieve a more precise setting, you can change the following parameters:

period - this parameter is responsible for the period on which it is used, we increase it for working on long time frames and decrease it on short ones.

price - the price that will be used in calculations - Close - 0, Open - 1, High - 2, Low - 3, HL/2 - 4

Shift - adjusts the deviation of the indicator line from the trend on the currency pair chart . That is, below or above the trend line.

We check the adjustment by analyzing the number of false signals, such, unfortunately, also occur.

There's no need to explain how to use the reversal indicator. Yellow is the signal for a trend reversal. Once it appears, we close open orders in the direction of the trend and open new positions.

Download VininI LRMA color .