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Turning Points is an MT5 indicator that draws arrows where the market may be reversing. It combines extremes, price action patterns and volume, and has an alert option, with one input to control how many signals appear.
Get one message the moment it launches, with its price.
Turning Points is a custom indicator for MetaTrader 5 that marks possible market reversals with arrows on the price chart. It is a signal display tool, not an automated trading system, so every decision to act on an arrow stays with you.
The indicator looks for turning points using three ideas taken together. First, it searches for the end of a rising or falling move by locating price extremes. Second, it looks for reversal patterns based on price action. Third, it checks the move against contract volume as a form of confirmation. When these conditions line up, an arrow is placed on the chart, and an alert can be raised at the same moment.
The author describes the indicator as non-repainting, which means an arrow that has appeared is not intended to move or vanish later. It is sensible to confirm this yourself by running the indicator on a demo chart and watching new arrows form in real time, because a history view and live trading do not always behave the same way.
The indicator is not tied to a single instrument. It can be attached to any symbol your broker offers in MT5 and to any timeframe. Because it uses volume, results depend on the quality of the volume data your broker supplies, which differs between forex, metals, indices and other instruments. Shorter timeframes generally produce more arrows and more noise, while longer ones produce fewer and slower signals. Test the symbols and timeframes you actually trade before using the arrows in live decisions.
The indicator has one main input, described below. Check the inputs window after attaching it, since defaults and any additional alert options are shown there.
| Input | Purpose | Effect |
|---|---|---|
| Period | Signal intensity | A larger value gives fewer signals; a smaller value gives more |
A practical way to tune it is to scroll back on one chart, try a few Period values, and see how many arrows appear and how they relate to the swings you care about. Then confirm the choice forward on a demo account.
Reversal signals can fail, especially in strong trends where price keeps moving after an arrow. Using a stop loss and sizing positions to an amount you can afford to lose is your responsibility.
Trading leveraged products carries a high level of risk, and you can lose more than you expect. Past results, including any shown on a chart, do not predict future ones. Test on a demo account first.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 (MT5) |
| Strategy focus | General |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator, reversal signals |
| Display | Arrows drawn on the price chart |
| Markets | Any symbol offered by your broker; test each one first |
| Timeframes | Any chart timeframe; test before relying on one |
| Trade style | Discretionary reversal trading; no automatic orders |
| Main input | Period (signal intensity) |
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No. Turning Points only draws arrows and can raise an alert. It does not place, modify or close orders. You decide whether to trade a signal, and you set your own entry, stop loss and position size.
This product is built for MetaTrader 5 and will not load in MT4. The author publishes a separate MT4 version of the indicator, so make sure you choose the build that matches your terminal.
The author describes it as non-repainting, meaning a drawn arrow is not meant to move or disappear. Because chart behaviour can differ between history and live trading, attach it to a demo account and watch several new arrows form before you rely on it.
Period controls signal intensity. A larger value gives fewer signals and a smaller value gives more. Check the default in the inputs window and compare a few values on the symbol and timeframe you trade.
Any broker that provides MT5 should work, since the indicator reads chart prices and volume. Volume data differs between brokers and instruments, so check how signals look on your own symbols before using them.
Turning Points MT5
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