Reversal Sniper Professional – Full Person Information & Settings Documentation
Product: Reversal Sniper Professional on MQL5 Market
Model: 2.00
Writer: Kaan Çalışkan
Final Up to date: February 2025
Multi-Confluence Excessive Detection Indicator
A Skilled Software for Figuring out Excessive-Chance Reversal Factors Utilizing Multi-Indicator Confluence Evaluation
Introduction
Reversal Sniper Professional is a complicated technical indicator designed to assist merchants determine potential market reversal factors with excessive accuracy. Not like single-indicator approaches, this device analyzes a number of technical indicators concurrently to verify excessive market situations earlier than producing indicators.
The indicator operates on a confluence-based methodology, which means it solely alerts when a number of technical situations align on the similar time. This multi-layered strategy considerably reduces false indicators and helps merchants deal with the highest-probability setups.
This information gives complete documentation on all settings, options, and configuration choices. You will discover ways to customise the indicator for various markets, timeframes, and buying and selling kinds.
Whether or not you are buying and selling foreign exchange pairs like GBPJPY, commodities like Gold (XAUUSD), or indices like NASDAQ, Reversal Sniper Professional adapts to your most popular devices with customizable sensitivity settings.
Half 1: Getting Began
What’s Reversal Sniper Professional?
Reversal Sniper Professional is a chart-based indicator that shows visible indicators when excessive market situations are detected. The indicator makes use of six totally different technical evaluation strategies:
- Z-Rating Evaluation – Statistical deviation measurement
- Bollinger Bands %B – Band place evaluation
- RSI (Relative Energy Index) – Momentum evaluation
- Stochastic Oscillator – Overbought/oversold detection
- CCI (Commodity Channel Index) – Cycle identification
- ATR Spike Detection – Volatility breakout evaluation
How Confluence Works
A sign is just generated when a number of indicators agree on the identical course. For instance, should you set “Minimal Confluence” to three, the indicator will solely present a Purchase sign when at the very least 3 out of 6 technical strategies detect bullish excessive situations concurrently.
This confluence requirement filters out weak indicators and focuses your consideration on high-conviction setups the place a number of technical elements align.
Sign Varieties
The indicator shows three varieties of indicators:
- Confirmed Alerts – Non-repainting indicators on closed bars (inexperienced arrow for Purchase, purple arrow for Promote)
- Potential Alerts – Early warning on the present forming bar (yellow for Purchase, orange for Promote)
- TP Zones – Computerized take-profit space detection (aqua for Purchase TP, magenta for Promote TP)
Set up Steps
- Buy and obtain Reversal Sniper Professional from the MQL5 Market
- The indicator will robotically set up to your MetaTrader 5 platform
- Open any chart and navigate to Insert → Indicators → Market → Reversal Sniper Professional
- The indicator will load with default settings optimized for basic use
- Customise settings primarily based in your buying and selling type (see configuration sections beneath)
Half 2: Excessive Detection Settings
This part controls how the indicator identifies excessive market situations. Every setting lets you fine-tune the sensitivity and accuracy of sign technology.
Minimal Confluence (1-6)
enter int InpMinConfluence = 3; // Minimal Confluence (1-6)
That is crucial setting. It determines what number of technical indicators should agree earlier than a sign is generated.
- Worth: 1-2 – Very delicate, many indicators, appropriate for ranging markets or aggressive scalping
- Worth: 3-4 – Balanced strategy, advisable for many merchants and markets
- Worth: 5-6 – Very strict, fewer however higher-quality indicators, greatest for unstable devices
Really useful Settings by Market:
| Market | Min Confluence | Reasoning |
| XAUUSD (Gold) | 3-4 | Excessive volatility requires stronger affirmation |
| NASDAQ (US100) | 3 | Trending habits advantages from average sensitivity |
| GBPJPY | 4 | Unstable pair wants strict filtering |
| EURUSD | 2-3 | Decrease volatility permits extra sensitivity |
| Bitcoin (BTCUSD) | 4-5 | Excessive volatility calls for highest confluence |
Half 3: Z-Rating Evaluation Settings
Z-Rating measures what number of customary deviations the present value is from its common. Excessive Z-Rating values point out potential reversal factors.
Use Z-Rating Evaluation
enter bool InpUseZScore = true; // Use Z-Rating Evaluation
Allow or disable Z-Rating evaluation. When enabled, it counts towards the confluence whole.
Z-Rating Threshold (2.0-3.0)
enter double InpZScoreThreshold = 2.5; // Z-Rating Threshold
Determines how excessive the value deviation should be to set off a sign:
- 2.0 – Extra delicate, catches smaller extremes (appropriate for indices, trending markets)
- 2.5 – Balanced strategy (advisable for many devices)
- 3.0 – Very strict, solely excessive outliers (greatest for extremely unstable pairs)
Z-Rating Interval
enter int InpZScorePeriod = 20; // Z-Rating Interval
The lookback interval for calculating the common and customary deviation:
- 14-20 – Brief-term extremes, responds rapidly to latest value motion
- 20-30 – Medium-term steadiness (default advisable)
- 30-50 – Lengthy-term statistical evaluation, slower however extra steady
Half 4: Bollinger Bands Settings
Bollinger %B measures the place value is positioned throughout the Bollinger Bands. Values close to 0% or 100% point out potential extremes.
Use Bollinger %B
enter bool InpUseBollinger = true; // Use Bollinger %B
Allow or disable Bollinger Bands evaluation.
BB %B Decrease Threshold
enter double InpBBExtremeLow = 0.03; // BB %B Decrease Threshold (0.05 = 5%)
When %B drops beneath this stage, it indicators potential oversold situations (Purchase sign). Frequent values:
- 0.00-0.03 – Very strict, value should be at or beneath decrease band
- 0.03-0.10 – Average, catches extremes close to the band
- 0.10-0.20 – Relaxed, earlier warnings
BB %B Higher Threshold
enter double InpBBExtremeHigh = 0.97; // BB %B Higher Threshold (0.95 = 95%)
When %B rises above this stage, it indicators potential overbought situations (Promote sign). Frequent values:
- 0.97-1.00 – Very strict, value should be at or above higher band
- 0.90-0.97 – Average, catches extremes close to the band
- 0.80-0.90 – Relaxed, earlier warnings
Bollinger Interval
enter int InpBBPeriod = 20; // Bollinger Interval
Customary Bollinger Bands interval. Default 20 is trade customary.
Bollinger Deviation
enter double InpBBDeviation = 2.0; // Bollinger Deviation
Customary deviation multiplier. Default 2.0 is customary. Improve to 2.5 or 3.0 for wider bands in unstable markets.
Half 5: RSI Settings
RSI (Relative Energy Index) measures momentum. Excessive RSI values point out potential reversal situations.
Use RSI
enter bool InpUseRSI = true; // Use RSI
Allow or disable RSI evaluation.
RSI Interval
enter int InpRSIPeriod = 7; // RSI Interval
The calculation interval for RSI:
- 5-7 – Quick, delicate to short-term strikes (scalping, M5-M15 timeframes)
- 9-14 – Customary (basic use, all timeframes)
- 14-21 – Slower, filters noise (larger timeframes)
RSI Oversold Degree
enter int InpRSIOversold = 15; // RSI Oversold Degree
RSI should drop beneath this stage to set off a Purchase sign:
- 10-15 – Excessive oversold (advisable for reversal buying and selling)
- 20-30 – Customary oversold (basic use)
- 30-40 – Early oversold (aggressive entries)
RSI Overbought Degree
enter int InpRSIOverbought = 85; // RSI Overbought Degree
RSI should rise above this stage to set off a Promote sign:
- 85-90 – Excessive overbought (advisable for reversal buying and selling)
- 70-80 – Customary overbought (basic use)
- 60-70 – Early overbought (aggressive entries)
Half 6: Stochastic Oscillator Settings
Stochastic measures the place the present value is throughout the latest high-low vary. Excessive values point out potential reversals.
Use Stochastic
enter bool InpUseStochastic = true; // Use Stochastic
Allow or disable Stochastic evaluation.
Stochastic %Okay Interval
enter int InpStochK = 5; // Stochastic %Okay Interval
The primary Stochastic line interval. Decrease values = quicker response.
Stochastic %D Interval
enter int InpStochD = 3; // Stochastic %D Interval
The sign line interval. Normally 3 for quick Stochastic.
Stochastic Slowing
enter int InpStochSlowing = 3; // Stochastic Slowing
Inner smoothing. Customary worth is 3.
Stochastic Oversold
enter int InpStochOversold = 10; // Stochastic Oversold
Each %Okay and %D should be beneath this stage for a Purchase sign:
- 5-10 – Excessive (greatest for reversals)
- 10-20 – Customary
- 20-30 – Relaxed
Stochastic Overbought
enter int InpStochOverbought = 90; // Stochastic Overbought
Each %Okay and %D should be above this stage for a Promote sign:
- 90-95 – Excessive (greatest for reversals)
- 80-90 – Customary
- 70-80 – Relaxed
Half 7: CCI Settings
CCI (Commodity Channel Index) identifies cyclical patterns and excessive deviations from common value.
Use CCI
enter bool InpUseCCI = true; // Use CCI
Allow or disable CCI evaluation.
CCI Interval
enter int InpCCIPeriod = 14; // CCI Interval
Customary interval for CCI calculation. 14 is the basic setting.
CCI Excessive Degree
enter int InpCCIExtreme = 200; // CCI Excessive Degree (+/-)
CCI should exceed +200 (overbought) or drop beneath -200 (oversold) to set off indicators:
- 150-200 – Average extremes (extra indicators)
- 200-250 – Customary extremes (balanced)
- 250-300 – Very excessive (fewer however stronger indicators)
Half 8: ATR Spike Detection Settings
ATR (Common True Vary) Spike Detection identifies unusually giant value bars which will sign exhaustion and potential reversal.
Use ATR Spike Detection
enter bool InpUseATRSpike = true; // Use ATR Spike Detection
Allow or disable ATR spike evaluation.
ATR Spike Multiplier
enter double InpATRSpikeMulti = 1.5; // ATR Spike Multiplier
A bar is taken into account a “spike” when its vary exceeds the common ATR by this multiplier:
- 1.2-1.5 – Delicate, catches average spikes
- 1.5-2.0 – Balanced (advisable)
- 2.0-3.0 – Strict, solely excessive volatility bars
The indicator additionally checks bar course: a big bearish bar suggests oversold (Purchase sign), a big bullish bar suggests overbought (Promote sign).
ATR Interval
enter int InpATRPeriod = 14; // ATR Interval
Interval for calculating the Common True Vary. Customary is 14.
Half 9: TP Zone Detection
The indicator can robotically detect potential take-profit zones the place the confluence energy decreases, suggesting the intense situation is fading.
Present TP Zones
enter bool InpShowTPZones = true; // Present TP Zones
Allow or disable computerized TP zone detection and show.
Min Confluence Drop for TP
enter int InpTPMinConfReturn = 1; // Min Confluence Drop for TP
How a lot the confluence depend should drop from the sign bar to set off a TP zone marker:
- 1 – Delicate, exhibits TP zones early
- 2 – Average
- 3+ – Strict, waits for important confluence discount
Instance: If a Purchase sign triggered with 4/6 confluence, and also you set this to 1, a TP zone will seem when confluence drops to three/6 or decrease.
Half 10: Calculation Settings
Max Bars to Calculate
enter int InpMaxBarsBack = 5000; // Max Bars to Calculate (0=limitless)
Limits how far again the indicator calculates. This helps with efficiency on lower-spec computer systems:
- 0 – Calculate complete chart historical past (could also be gradual on lengthy charts)
- 1000-3000 – Current bars solely (quick, appropriate for scalping)
- 5000+ – Prolonged historical past (balanced, advisable)
Half 11: Visible Settings
Customise how indicators seem in your chart.
Confirmed Arrow Dimension (1-5)
enter int InpArrowSize = 3; // Confirmed Arrow Dimension
Dimension of the confirmed sign arrows. 3 is advisable for visibility.
Potential Arrow Dimension (1-5)
enter int InpPotentialSize = 2; // Potential Arrow Dimension
Dimension of the potential sign arrows. Barely smaller than confirmed indicators to distinguish.
Shade Settings
You may customise all sign colours:
enter coloration InpBuyColor = clrLime; // Confirmed Purchase Shade enter coloration InpSellColor = clrRed; // Confirmed Promote Shade enter coloration InpPotBuyColor = clrYellow; // Potential Purchase Shade enter coloration InpPotSellColor = clrOrange; // Potential Promote Shade enter coloration InpTPBuyColor = clrAqua; // TP Zone Purchase Shade enter coloration InpTPSellColor = clrMagenta; // TP Zone Promote Shade
Half 12: Dashboard Panel Settings
The indicator features a skilled on-chart dashboard exhibiting real-time evaluation and statistics.
Present Dashboard Panel
enter bool InpShowPanel = true; // Present Dashboard Panel
Allow or disable your entire dashboard. Helpful should you desire a clear chart.
Panel Place
enter int InpPanelX = 20; // Panel X Place enter int InpPanelY = 50; // Panel Y Place
Regulate the dashboard location in your chart. X = pixels from left, Y = pixels from high.
Dashboard Options
The panel shows:
- Potential Sign – Actual-time sign on the forming bar (Bar 0)
- Confirmed Sign – Final confirmed sign on the closed bar (Bar 1)
- Purchase/Promote Confluence – Present confluence counts (e.g., “BUY: 4/6” means 4 indicators help Purchase)
- Particular person Indicators – Standing of every technical indicator (Z-Rating, BB, RSI, Stochastic, CCI, ATR)
- Statistics – Whole indicators generated and win fee monitoring
Half 13: Alert Settings
Configure how and whenever you obtain notifications.
Alert Varieties
enter bool InpAlertOnConfirmed = true; // Alert on Confirmed Alerts enter bool InpAlertOnPotential = false; // Alert on Potential Alerts enter bool InpAlertOnTP = false; // Alert on TP Zones
Select which sign sorts set off alerts:
- Confirmed Alerts – Really useful for many merchants (no repainting)
- Potential Alerts – Early warnings (could change earlier than bar closes)
- TP Alerts – Notifications when take-profit zones seem
Alert Strategies
enter bool InpAlertPopup = true; // Present Popup Alerts enter bool InpAlertSound = true; // Play Sound Alerts enter bool InpAlertEmail = false; // Ship E mail Alerts enter bool InpAlertPush = false; // Ship Push Notifications
Allow your most popular notification strategies. Push notifications require MT5 cell app setup.
Customized Alert Sound
enter string InpAlertSoundFile = “alert.wav”; // Alert Sound File
Specify a customized sound file out of your MT5 Sounds folder.
Half 14: Configuration Examples
Instance 1: Conservative Gold (XAUUSD) Buying and selling
InpMinConfluence = 4 InpZScoreThreshold = 2.5 InpRSIOversold = 15 InpRSIOverbought = 85 InpStochOversold = 10 InpStochOverbought = 90 InpCCIExtreme = 250 InpAlertOnConfirmed = true InpAlertOnPotential = false
This setup prioritizes high quality over amount, good for unstable Gold markets the place false indicators might be pricey.
Instance 2: Aggressive Scalping (EURUSD M5)
InpMinConfluence = 2 InpZScoreThreshold = 2.0 InpRSIPeriod = 5 InpRSIOversold = 20 InpRSIOverbought = 80 InpStochOversold = 15 InpStochOverbought = 85 InpAlertOnPotential = true
Decrease confluence and relaxed thresholds generate extra indicators for energetic scalping methods.
Instance 3: Swing Buying and selling Indices (NASDAQ H1-H4)
InpMinConfluence = 3 InpZScoreThreshold = 2.3 InpZScorePeriod = 30 InpBBPeriod = 20 InpRSIPeriod = 14 InpCCIExtreme = 200 InpShowTPZones = true InpTPMinConfReturn = 2
Balanced settings with TP zones enabled for swing buying and selling on larger timeframes.
Instance 4: Crypto (BTCUSD) – Excessive Volatility
InpMinConfluence = 5 InpZScoreThreshold = 3.0 InpBBExtremeLow = 0.00 InpBBExtremeHigh = 1.00 InpRSIOversold = 10 InpRSIOverbought = 90 InpCCIExtreme = 300 InpATRSpikeMulti = 2.0
Very strict settings to filter out noise in extraordinarily unstable cryptocurrency markets.
Half 15: Understanding Sign High quality
Excessive-High quality Alerts (Ideally suited Circumstances)
- Confluence of 4-6 indicators
- Z-Rating exceeding ±2.5
- Bollinger %B at 0% or 100%
- RSI beneath 15 or above 85
- Stochastic beneath 10 or above 90
- CCI beneath -200 or above +200
- ATR spike confirming exhaustion
Medium-High quality Alerts
- Confluence of three indicators
- Some indicators close to thresholds however not excessive
- Combined timeframe image
Alerts to Query
- Confluence of solely 1-2 indicators (if min is about low)
- Conflicting larger timeframe development
- Low quantity context (if utilizing quantity evaluation individually)
Half 16: Greatest Practices & Ideas
Timeframe Choice
- M1-M5: Use decrease confluence (2-3) and quicker indicator intervals for scalping
- M15-H1: Balanced settings (3-4 confluence), customary intervals
- H4-D1: Larger confluence (4-5), longer indicator intervals for swing buying and selling
Danger Administration
- At all times use stop-loss orders, even with high-confluence indicators
- Place measurement based on account threat tolerance (1-2% per commerce)
- TP zones are strategies, not ensures – monitor value motion
- Keep away from buying and selling throughout main information occasions no matter indicators
Combining with Different Evaluation
- Test larger timeframe development earlier than taking indicators
- Search for help/resistance confluence at sign areas
- Think about quantity patterns (if out there in your instrument)
- Use chart patterns to verify reversal likelihood
Efficiency Optimization
- On slower computer systems, set InpMaxBarsBack to 2000-3000
- Disable unused indicators (set InpUseXXX to false) to hurry up calculations
- Disguise dashboard panel when recording movies or taking screenshots
Testing New Settings
- Use Technique Tester to backtest configuration adjustments
- Check on demo account earlier than making use of to dwell buying and selling
- Preserve a buying and selling journal to trace which confluence ranges work greatest for you
- Monitor the win fee show on the dashboard to gauge effectiveness
Conclusion
Reversal Sniper Professional is a complete reversal detection system that mixes six confirmed technical evaluation strategies right into a single, easy-to-use indicator. By requiring a number of indicators to agree earlier than producing indicators, it helps merchants deal with high-probability setups whereas filtering out market noise.
The important thing to success with this indicator is correct configuration to your particular market and buying and selling type. Use the examples and pointers on this information as beginning factors, then fine-tune primarily based in your backtesting outcomes and dwell buying and selling expertise.
Keep in mind that no indicator ensures earnings. At all times mix technical indicators with correct threat administration, elementary evaluation, and your personal market judgment.
Key Takeaways:
- Larger confluence = fewer however higher-quality indicators
- Regulate thresholds primarily based on market volatility
- Use confirmed indicators for non-repainting reliability
- Potential indicators provide early warnings however could change
- TP zones assist determine exit alternatives
- Dashboard gives real-time evaluation and efficiency monitoring
- At all times backtest configuration adjustments earlier than dwell buying and selling
Want Assist?
Be a part of our neighborhood group for:
- Configuration help
- Buying and selling technique discussions
- Updates and new function bulletins
- Sharing your outcomes and studying from others
Neighborhood Group: Click on right here to hitch
Extra Merchandise: Discover my different indicators and instruments
Direct Assist: Contact through MQL5 messaging
Disclaimer
Buying and selling in monetary markets includes substantial threat of loss. Previous efficiency is just not indicative of future outcomes. This indicator is a device to help in buying and selling selections and doesn’t assure earnings. At all times use correct threat administration and by no means threat greater than you may afford to lose. The examples and settings on this information are for instructional functions solely and shouldn’t be thought of as monetary recommendation.
Writer: Kaan Çalışkan
Model: 2.00
Final Up to date: February 2025
