Reversal First Impulse levels (RFI) - are the maximum volume levels/areas that turn the market around, so they play a critical role in future trading decisions. The logic behind the movement of any chart is that the price moves from the first impulse level (RFI) to the first impulse level (RFI) of the past trend. The first impulse level (RFI) is the most powerful level during a trend reversal, which forms a reversal zone. The first impulse level from the reversal of the previous movement is also a strong level for correction or reversal. You should look for entry points only after the inscription of one of the Template appears on the levels (RETEST - BROKEN - MIRRORED). Initially, the creation of this indicator was intended for trading using the Tpsprosystem trading strategy. We have opened free access to the trading algorithm to everyone.
- More details about the indicator in our blog
- Version MT4
- Version MT5
With this indicator you can:
- It is easy to determine levels for entry points into the market both behind the trend and against the trend.
- With a high level of target definition (exit point) on any timeframe.
- Include levels (RFI) from a higher timeframe - MTF mode.
- Only three templates for determining trade priorities.