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TPSpro RFI Levels MT5

What is TPSpro RFI Levels MT5?

TPSpro RFI Levels MT5 is a powerful indicator designed for MetaTrader 5, aiming to identify key reversal zones in the Forex market. It highlights areas where significant volume changes occur, which can indicate potential market reversals. This indicator is essential for traders who want to catch the early stages of trend reversals and make informed trading decisions.

Main Functions

  • Displaying active zones for sellers and buyers
  • Highlighting correct initial impulse levels/zones for buying and selling
  • Changing color and filling with specific shades upon activation
  • Arrows for intuitive understanding of market situations
  • Displaying levels/zones from a higher timeframe (MTF mode)
  • Automatic trend detection function (TPSproTREND PRO)
  • Graphic and sound alerts to ensure you don't miss trade entry signals
  • Mobile phone notifications
  • Simple and effective active pattern scanner

Features for Experts and Beginners

  • Step-by-step video guide and instructions
  • Determining levels for entry points both behind the trend and against the trend
  • Determining goals (exit points) on any timeframe with high accuracy
  • Including levels (RFI) from a higher timeframe - MTF mode
  • Three templates for determining the priority for trading

Hotkeys

  • R - Show all RFI levels on history
  • Z - Hide/show panel

Usage Across Various Timeframes

TPSpro RFI Levels MT5 can be used on any timeframe, from the one-minute (M1) to the monthly (MN). This flexibility allows traders to adapt the indicator to their preferred trading style, whether it be scalping, day trading, or swing trading.

Graphic and Sound Alerts

The indicator provides both graphic and sound alerts, ensuring that traders do not miss any trade entry signals. Additionally, mobile phone notifications are available, allowing traders to stay informed even when they are away from their trading terminals.

Active Pattern Scanner

This compact active pattern scanner automatically alerts and sends notifications to your phone when patterns are activated across all timeframes in one direction. This feature is extremely useful for traders who want to catch market movements as they happen.

Professional Trading Algorithm

The TPSpro RFI Levels MT5 includes a separate professional step-by-step algorithm for trading. This algorithm is designed for intraday trading, both following the trend and against it. Detailed instructions are provided for each active template, making it easier for traders to implement the strategy effectively.

Advantages of TPSpro RFI Levels MT5

  • Easy determination of entry points and exit goals on any timeframe
  • High accuracy in identifying market reversal zones
  • Integration with higher timeframe levels for a comprehensive market view
  • Suitable for both trend-following and counter-trend trading strategies
  • Intuitive visual cues and alerts for better decision-making

Conclusion

TPSpro RFI Levels MT5 is a versatile and powerful tool for traders looking to identify key market reversal zones and make informed trading decisions. With its comprehensive features, graphic and sound alerts, and professional trading algorithm, it is suitable for both beginners and experienced traders. Whether you are trading on short timeframes or looking for long-term trends, this indicator provides the necessary tools to enhance your trading strategy. 🚀📈

Unveil the secrets of TPSpro RFI Levels MT5, an indicator that promises to revolutionize your trading strategy. But does it live up to the hype? With features like multi-timeframe analysis and automatic trend detection, it sounds impressive. Yet, we dig deeper to see if it truly ...

Release Date: 14/11/2023