FIN Reversal BreakDancer

The indicator based on stochastic indicator projected on main chart. It is shows potentially reversal zones. The indicator contains a self-optimization module for finding the optimal settings. The indicator automatically saves optimized settings for each trading symbol and timeframe.

Key features

• Stochastic projected on the main chart;
• Price action confirmation of reversal patterns;
• Fixed takeprofit level based on price action;
• Fixed stoploss level based on price action;
• Signals generation for automatic trading;
• Statistics module for measure trading perfomance;
• Optimization module for find the best settings;
• Store optimized settings for each currency and timeframe;

Indicator Settings

• UseInputSettings - force use of input indicator settings instead saved optimized settings. This option usually used in automatic trading with expert advisors.
• KPeriod - stochastic K-line period;
• Slowing - stochastic slowing of K-line;
• DPeriod - stochastic D-line (signal) period;
• MovingPeriod - price channel moving period;
• ATRPeriod - price channel ATR period (used D1 timeframe);
• ATRMult - price channel ATR multiplier;
• Overbought - stochastic overbought percent level;
• Oversold - stochastic oversold percent level;
• RetracementCoef - entry retracement coefficient after detecting entry zone;
• TakeProfitCoef - increase of takeprofit;
• StopLossCoef - increase of stoploss;

Optimization Settings

• PrecalculateBars - bars for optimization and measure statistics;
• MinimumTradesPerMonth - minimum count of trades in one month;
• MinimumPipsPerTrade - minimal average profit per one trade;
• MaximumLossSequence - maximum consequtive losses;

Notification Settings

• Usealert - use alerts;
• UseMail - use email notifications;
• UsePush - use push notifications;
• UseSound - use sound notifications;
• NotifySound - sound of notifications;

Drawing Settings

• ShowPanels - show statistics and optimization panels;
• clrBullishRect - color of bullish entry zone;
• clrBearishRect - color of bearish entry zone;
• clrBullishBreakoutLine - color of bullish entry line;
• clrBearishBreakoutLine - color of bearish entry line;
• clrTakeprofit - takeprofit color;
• clrStoploss - stoploss color;