Market Reversal Alerts EA
Market-structure reversal EA v5.10 · Stop loss/grid/basket modes · 5-10% monthly target · MT4
About Market Reversal Alerts EA (v5.10)
The Market Reversal Alerts EA, compiled by developer Lee Samson (4+ years documented experience on MQL5) and listed on the MQL5 Market and eafxstore.com, is a versatile MetaTrader 4 Expert Advisor powered by its own companion indicator of the same name, trading based on market-structure shifts.
The underlying indicator identifies breakouts and price momentum, drawing a rectangle on the last opposite-coloured candle near a possible exhaustion point and trailing it along with price. Once price closes back above/below that rectangle, it signals a potential reversal or major pullback. The EA supports multiple trading approaches — stop loss, grid, and basket trading — targeting a 5-10% monthly return via position trading, with customisable filters (RSI, moving averages, ADR) and the ability to filter trades based on the previous day's highs/lows.
- Platform: MetaTrader 4
- Strategy: Market-structure reversal detection + position trading
- Trading modes: Stop loss, grid, basket trading
- Target return: 5-10% monthly
- Filters: RSI, moving averages, ADR, previous-day high/low
- Developer: Lee Samson (best-performing product in 4 years)
- Version: 5.10
- Source: mql5.com · Market Reversal Alerts EA