The Projection Of Reversal Key-zone (PORK) is a powerful indicator that spots price reversals before they happen. This indicator displays and provides audio alerts when price creates key zones that indicate an upcoming reversal. Indicator auto-plots entry, target and risk levels. Get your FREE Trial today and bring precision in your trading!
Once, the indicator finds a good trading zone, it will plot the zone based on the direction that it thinks the price may move. It provides you with 2 stop loss placements lines and three targets.
PORK indicator can be traded with other indicators that we provide for better entries and exits.
Optimum Marking indicator will show you help you with buy and sell signals that you can use with PORK.
Wave Manager indicator will draw Elliott waves for you, so that you be confident of your trade entry.
Benefits of PORK Indicator:
There are various benefits of this indicator. it primarily helps you with
- No parameters to configure except Audio Alert
- Can be used for scalping
- Can be used for day trading
- Can be used for long term investing
- Visual Signals on the Chart
- Audio Alerts can be configured by simply selecting sound file name
- Can be used on any timeframe
PORK Indicator Properties Window:
Chart Examples:
Here is a 300 Tick chart that shows red sell zone plotted. Based on your risk tolerance, you may consider to go with a little risky stop loss or you may consider the conservative stop-loss. Target 1 is always fixed. Target 2 and Target 3 will change based on the depth of the reversal.
Here is a 10 Range chart that shows Green buy zone plotted. Based on your risk tolerance, you may consider to go with a little risky stop loss or you may consider the conservative stop-loss. Target 1 is always fixed. Target 2 and Target 3 will change based on the depth of the reversal.
Here is a 1 Minute chart that shows red sell zone plotted. Based on your risk tolerance, you may consider to go with a little risky stop loss or you may consider the conservative stop-loss. Target 1 is always fixed. Target 2 and Target 3 will change based on the depth of the reversal.
Here is a 1 Hour chart that shows red sell zones plotted. Based on your risk tolerance, you may consider to go with a little risky stop loss or you may consider the conservative stop-loss. Target 1 is always fixed. Target 2 and Target 3 will change based on the depth of the reversal.
The price may or may not enter the sell zone. You can use some oscillator just in case you want to enter even if price doesn’t enter the buy or sell zone.