Mastering the N Bar Reversal Detector Indicator MT5: Catch Precise Market Reversals


Traders know all too well the frustration of missing a market turn—getting stopped out just before the big reversal or stepping in too late, only to watch profits vanish. If you’ve ever wished for a tool that flags reversal zones with pinpoint accuracy, the N Bar Reversal Detector Indicator MT5 could be your missing puzzle piece. Designed for MetaTrader 5, this indicator scans price action over a customizable look-back period (the “N” bars) and highlights potential turning points before they fully unfold.


In this post, we’ll dive into what makes the N Bar Reversal Detector Indicator MT5 unique, explore its key benefits, walk through installation and configuration steps, and share best practices so you can trade more confidently. Whether you’re new to MT5 or an experienced price-action trader, this complete guide will help you add a powerful reversal-spotting tool to your arsenal—and potentially improve your entry timing across any currency pair or timeframe.


Overview


At its core, the N Bar Reversal Detector Indicator MT5 analyzes the last N bars—where N is a user-defined value—to detect classic reversal patterns such as pin bars, engulfing bars, and inside bars. Instead of triggering noisy signals on every minor swing, it applies filters to ensure only high-probability setups are marked on the chart.


Under the hood, the indicator:



  • Calculates the high, low and close of each bar over the N-bar window

  • Compares those levels to identify extreme bars that reject price

  • Applies optional confirmation filters (volume spike, moving average alignment)

  • Plots a clear arrow or label at the bar where a reversal is likely


This approach gives you an objective method for spotting reversal points, without manually scanning each price swing. It works across all symbols supported by MT5—FX majors, metals, indices—and can be fine-tuned for different market conditions.


Want to learn more about applying reversal strategies? Check out our Best Price Action Strategies guide.


 


N Bar Reversal Detector Indicator MT5


 


Key Features



  • Customizable Look-Back Period: Define the N value (default: 5 bars) to capture short-term or longer-term reversal setups.

  • Multiple Pattern Detection: Built-in recognition for pin bars, engulfing bars, inside bars, and hammer patterns.

  • Optional Confirmation Filters: Enable moving average alignment or volume spike checks to reduce false signals.

  • Alert System: Pop-up, email or push notifications when a reversal is detected.

  • Multi-Timeframe Support: Attach to any chart timeframe—from M1 scalps to H4 swing trades.

  • Lightweight & Fast: Optimized code ensures minimal impact on MT5 performance.

  • Clear Visuals: Arrows and labels plotted directly at reversal bars for easy identification.

  • Built-in Backtest Auditor: Quickly review how many signals occurred historically over your look-back period.

  • User-Friendly Input Panel: Simple parameter fields with tooltips explaining each setting.

  • Free Updates & Support: Ongoing improvements delivered at no cost.


 


N Bar Reversal Detector Indicator MT5


 


How It Works



  1. Bar Scanning
    Once attached to a chart, the indicator reads the last N bars’ high, low and close values. If the latest bar meets your chosen pattern criteria (for example, the close below the previous bar’s low for a bearish engulfing), it flags the bar.

  2. Filter Application
    If you’ve enabled confirmation filters—such as requiring the price to be below a 50-period moving average for bearish signals—the indicator checks these secondary conditions before plotting.

  3. Signal Plotting
    When conditions align, an arrow appears above or below the reversal bar. Simultaneously, a customizable alert fires (desktop pop-up, email or MT5 push notification), so you never miss an entry even if you’re away from the screen.

  4. Backtest Audit
    Use the built-in auditor to replay historical signals over your chosen timeframe. This feature shows you how many valid reversals would have occurred, helping you gauge signal frequency and past performance.


 


N Bar Reversal Detector Indicator MT5


 


Installation & Configuration




  1. Download the Indicator
    Grab the latest build from the official download page:
    N Bar Reversal Detector Indicator MT5




  2. Copy to MT5 Folder




    • Unzip the download




    • Copy the .ex5 file to MQL5/Indicators in your MT5 data directory




    • Restart MetaTrader 5






  3. Attach to Chart




    • Open a chart for your desired symbol and timeframe




    • In the Navigator panel, expand “Indicators” and drag “N Bar Reversal Detector” onto the chart






  4. Recommended Settings




    • Look-Back Period (N): 5–10 for H1–H4 charts; 3–5 for M15–M30




    • Pattern Types: Pin Bar + Engulfing




    • Confirmation Filter: Volume Spike (optional)




    • Alerts: Pop-up + Push Notification




    (Refer to the MT5 input settings panel screenshot below — alt text: “MT5 input settings panel for N Bar Reversal Detector Indicator”)




For a deeper dive into MT5 indicator basics, check our MT5 Beginner’s Guide.


Why Choose the N Bar Reversal Detector Indicator MT5


With dozens of reversal indicators on the market, the N Bar Reversal Detector stands out thanks to its balance of simplicity and power. Instead of overwhelming you with every minor swing, it focuses on high-probability patterns and optional filters that align with sound price-action principles. And because it’s built specifically for MT5, you benefit from lightning-fast execution and seamless integration with your existing templates and EAs.


Best Practices & Tips



  • Higher Timeframes First: Confirm H1 or H4 reversal signals before considering M15/M30 entries.

  • Confluence Zones: Combine indicator signals with established support/resistance or trend lines.

  • Risk Management: Place stop-loss beyond the reversal bar’s extreme and size your position for a 1–2% risk per trade.

  • Backtest Periodically: Use the auditor to review signal frequency every month and adapt N or filters as market volatility shifts.

  • Avoid News Spikes: Disable alerts during major economic releases to prevent whipsaw signals.


Frequently Asked Questions


Q1: Can I use this indicator on commodities or indices?
Absolutely. The N Bar Reversal Detector Indicator MT5 works on any symbol available in your MT5 platform—FX majors, gold, oil, indices and cryptocurrencies.


Q2: How many reversal signals can I expect in a week?
Signal frequency varies by timeframe and N value. On H1 charts with N=5 and default filters, you might see 3–7 high-probability reversals weekly. Adjust N or filters to raise or lower signal count.


Q3: Is there a trial period or demo version?
Yes. We recommend testing on a demo account first. The free download includes everything you need to trial on historical and live charts before committing real funds.


Q4: Will this slowdown MT5 or conflict with other indicators?
No. It’s been optimized for performance. You can safely run it alongside other indicators and EAs without noticeable lag.


Support & Disclaimer


If you hit any bugs or need help with configuration, our support team is just a message away:



Please remember, past performance is not a guarantee of future results. Always demo-test before trading live, and practice sound risk management.


Conclusion & Call to Action


Ready to pinpoint market turns with confidence?
Download the N Bar Reversal Detector Indicator MT5 now for free at the official page and start spotting high-probability reversals today. Unlimited support is available via WhatsApp and Telegram—so you’re never trading alone.


Happy Trading!