Reversal First Impulse levels (RFI)

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.

1. More details about the indicator in our blog
2. Version MT4
3. Version MT5

With this indicator you can:

1. It is easy to determine levels for entry points into the market both behind the trend and against the trend.
2. With a high level of target definition (exit point) on any timeframe.
3. Include levels (RFI) from a higher timeframe - MTF mode.
4. Only three templates for determining trade priorities.

Each template has its own additional conditions They are displayed when clicking on the main circle. And, of course, it's better to trade according to the trend and follow our recommendations!

TPSpro RFI Levels
MT5 - https://www.mql5.com/ru/market/product/108444
MT4 - https://www.mql5.com/ru/market/product/106671

Unlocking the full potential is only possible by combining these indicators.
Their cost can be 'recovered' even in a single trade, following standard rules. (P/S - EURUSD 03/01/24)
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Раскрыть полный потенциал можно только, совмещая данные индикаторы.
Их стоимость можно ''отбить'' даже за одну сделку, следуя стандартным правилам. (P/S - EURUSD 03/01/24)

2 Multitimeframe (MTF 2) Hot button / Displaying levels from a higher timeframe

Can you post a video of it working live?

Hello, there will be video reviews of the indicator soon

Newly formed RFI levels (without templates)
On MTF1 and MTF2, only newly formed RFIs are displayed as grey levels and can be used solely for transactional purposes. We never trade at the exact moment of reversal (formation of RFI), except for 'MIRRORED,' w hich is extremely rare. They are activated by pressing the vertical button - RFI MTF1/RFI MTF2.

1. NEW UPDATE 3.2 TPSpro RFI LEVELS (https://www.mql5.com/en/market/product/106671)

Auxiliary logic (LOGIC AI) has been added for the "BROKEN" template. In the future, additional logic will be added for RETEST and MIRRORED. A new visual mode has been developed for MTF2. (It is recommended to use on timeframes higher than H1). A complete blog with instructions in Russian (RU BLOG) (https://www.mql5.com/ru/blogs/post/754540) and English (EN BLOG) (https://www.mql5.com/ru/blogs/post/755226) will soon be posted. Video overviews (https://www.youtube.com/channel/UC2z...jMPRDU96sKc2ZQ) are also planned, where you will get answers to questions: what are RFI levels and how to trade with them.

Blogs for RFI LEVELS will be completed by the end of the week. (https://www.mql5.com/ru/market/product/106671)
- RUS VERSION (https://www.mql5.com/ru/blogs/post/754540)
- ENG VERSION (https://www.mql5.com/ru/blogs/post/755226)

After activating the RETEST template, we require the following conditions on MTF1 (TIMEFRAME M5):

 

1. False Breakout or Non-Breakout of the RFI level (In detail)
2. Trend change on the current timeframe (TPSproTREND PRO indicator)
   BLOG - https://www.mql5.com/ru/blogs/post/755226
   Attached Image (click to enlarge)

   
   

We begin to search for trading ideas only at the initial touches - reactions to RFI, after the RFI level/zone has formed. We only know one thing, who dominates the market!

Attached Image (click to enlarge)

In this RFI SELL, we only know that there is a peak volume that has reversed the market. But we are not taking any action for now. We are waiting for the price to touch this zone/level. And now, what trading ideas can we consider?

We always have two main options for how events may unfold.

At each stage, I will insist on using the RETEST or BROKEN template in the direction of the trend.

More details - https://www.mql5.com/ru/blogs/post/755226

https://www.mql5.com/ru/blogs/post/755226

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