This Forex Reversal Indicator has been developed by Ashton Fraser. Ashton Fraser believes in the trend is your friend until the bend. Forex Reversal Indicator works for 21 currency pairs on all timeframes. Take a look at the following screenshot.
As you can see from the above screenshot, this indicator picked the top with a high degree of accuracy. Now take a look at the following screenshot.
Again this indicator was able to pick the bottom with a high degree of accuracy. Now these arrows don’t repaint. Unlike most other indicators that draw the arrow and after a few candles the arrow either disappears or changes positions. This does not happen with this indicator.