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Lucky Reversal Indicator
Forex trend reversals happen all the time. As long as there are trends, there will be reversals. Many trend and trend reversal trading tools and strategies rely on this simple concept. It is now just a matter of how traders use the right tools to catch reversals and trade trends. The Lucky Reversal indicator is one of many reversal trading indicators. However, it has some unique features that make it different from other Forex trend reversal indicators.
What is the Lucky Reversal Indicator
The Lucky Reversal indicator is what the name suggests: it indicates when the trend is shifting from an uptrend to a downtrend, or from a downtrend to an uptrend. It gives signals in the form of blue and red arrows, each followed by a wavy horizontal line. The blue arrows mark the beginning of an uptrend, while the red arrows indicate a market reversal of a downtrend.
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