Star Reversal Pro

Star Reversal Pro

Star Reversal Pro - Morning & Evening Star Pattern Detector with Advanced Filters

Star Reversal Pro is a professional technical indicator for MetaTrader 4 that automatically detects Morning Star and Evening Star candlestick patterns. The indicator features an intelligent trend filter and Higher Timeframe confirmation to improve signal quality and reduce false signals.

Main Features:

The indicator precisely detects Morning Star (bullish reversal signal) and Evening Star (bearish reversal signal) formations. Detected patterns are marked with colored arrows - blue arrows for bullish and red arrows for bearish signals.

Trend Filter (optional, Default: OFF):

The trend filter uses a moving average to ensure signals are only generated in the context of the prevailing trend. Morning Stars are only displayed with prior downtrend, Evening Stars only with uptrend. Configurable MA period, method, and applied price.

HTF Confirmation (optional, Default: OFF):

The Higher Timeframe confirmation checks whether the signal is supported by a higher timeframe. This leads to significantly more reliable signals. You can freely configure the HTF timeframe and MA parameters.

Alert System:

Integrated notifications immediately inform you about detected patterns. Available are acoustic alerts and push notifications. Alerts display pattern type, direction, active filters, symbol, and price.

Customizable Parameters:

• Distance: distance of arrows from candles
• Alert settings: sound and push notifications
• Trend filter: On/Off, MA period, method, price
• HTF confirmation: On/Off, timeframe, MA settings

Flexible Filtering:

Both filters can be independently enabled and disabled for maximum flexibility - from all signals without filters to highest precision with both active filters.

Application Possibilities:

Ideal for scalping, day trading, and swing trading on all timeframes. Works on all currency pairs, indices, commodities, and cryptocurrencies. Particularly effective in combination with support and resistance zones.