Here is a useful indicator called "Waddah Attar Explosion." The author describes it as such:
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Indicator Waddah_Attar_Explosion is very powerful. It alerts you to buy , sell , exit buy and exit sell.
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I found it to be excellent for giving a hint as to when the trend is likely to change - aka trend reversals.
I've attached the indicator and a screenshot which shows the indicator in action.
The indicator was downloaded from the MQL codebase over here:
Waddah Attar Explosion - MQL4 Code Base
I hope you found it useful.