About the Trend Profit Signals Forex Indicator
The Trend Profit Signals Forex indicator for MT4 is a complete trading solution that provides accurate buy & sell signals on the main chart.
It functions by scanning price action for specific momentum shifts and volatility expansions that suggest a high-probability reversal or trend continuation.
Once these conditions are met, the indicator prints a clear label directly on the candle, removing the need for manual trendline analysis or complex oscillator reading.
The indicator can be used as a standalone trading tool for both trade entry and exit.
Free Download
Download the “Trend profit signals.ex4” indicator for MT4
Key Features
- Provides instant visual alerts with “BUY” and “SELL” text labels printed on the chart.
- Analyzes multi-layered price data to ensure signals are based on confirmed momentum.
- Functions effectively on various timeframes, from the M1 for scalping to the D1 for long-term trends.
Indicator Chart
The chart displays the Trend Profit Signals Forex indicator, identifying several trade opportunities on a trending currency pair.
You can see the specific points where the “BUY” and “SELL” labels appear, usually following a brief consolidation or a reversal pattern.
These labels provide a clear guide for execution, showing the exact moments when the market sentiment shifts in a new direction.
Guide to Trade with Trend Profit Signals Forex Indicator
Trading with this tool is straightforward, but for best results, it should be used when the market shows clear directional intent.
Buy Rules
- Monitor the price action for a bullish reversal or a continuation of an uptrend.
- Open a buy trade when “BUY” appears on the chart.
Sell Rules
- Watch for the price to reach a resistance zone or show signs of bearish momentum.
- Open a sell trade when “SELL” appears on the chart.
Stop Loss
- Place your stop loss below the most recent swing low for buy orders.
- Position the stop loss above the most recent swing high for sell orders.
Take Profit
- Exit the position when the opposite signal appears on the chart.
- Target the next major horizontal support or resistance level for a fixed exit.
- Consider trailing your stop loss to capture the maximum move during a strong trend.
Day Trading Strategy MT4: Trend Profit Signals + XP Moving Average
This strategy combines the Trend Profit Signals Forex Indicator MT4 with the XP Moving Average Indicator MT4 to identify high-probability intraday trades.
The Trend Profit Signals indicator provides clear entry signals with “BUY” or “SELL” labels directly on the chart, while the XP Moving Average filters trades based on trend direction.
By combining these two tools, traders can confirm entries in line with the prevailing trend and reduce false signals.
The approach provides both precise entry timing and a clear trend filter, making it easier to follow and apply systematically.
Buy Entry Rules
- The XP Moving Average line is green, indicating a bullish trend.
- The Trend Profit Signals indicator shows a “BUY” signal on the chart.
- Open a buy trade immediately when both conditions align.
- Stop loss: a few pips below the recent swing low.
- Take profit: 1.5× the stop loss or exit when the XP MA turns red.
Sell Entry Rules
- The XP Moving Average line is red, indicating a bearish trend.
- The Trend Profit Signals indicator shows a “SELL” signal on the chart.
- Open a sell trade immediately when both conditions align.
- Stop loss: a few pips above the recent swing high.
- Take profit: 1.5× the stop loss or exit when the XP MA turns green.
Advantages
- Clear entry signals with Trend Profit Signals reduce confusion and indecision.
- XP Moving Average confirms trend direction for higher-probability trades.
- Works well on intraday charts with multiple trading opportunities.
- Simple rules make it suitable for traders of all experience levels.
Drawbacks
- Signals can be less effective in choppy or sideways markets.
- Requires active monitoring during the trading session.
- Tight stop losses can be hit by market noise; choose a broker with low spreads.
- Exits based on MA trend change may sometimes occur late in fast-moving markets.
Case Study 1: EUR/USD 15‑Minute Chart
The XP Moving Average line was green, indicating a bullish trend.
The Trend Profit Signals indicator displayed a “BUY” label.
A long trade was opened at 1.1050 with a stop loss at 1.1040 and take profit at 1.1065 (1.5× risk).
Price moved upward and hit the target, confirming the effectiveness of using the trend filter with the signal.
Case Study 2: GBP/USD 30‑Minute Chart
The XP Moving Average line was red, showing a bearish trend.
The Trend Profit Signals indicator showed a “SELL” signal.
A short trade was opened at 1.2850 with a stop loss at 1.2862 and take profit at 1.2832 (1.5× risk).
Price moved down and reached the target.
Strategy Tips
- Only take trades when the XP MA trend and Trend Profit Signals agree.
- Monitor signals closely and exit trades when the XP MA trend changes or price reaches your target.
Download Now
Download the “Trend profit signals.ex4” indicator for Metatrader 4
FAQ
Is this indicator better for trending or ranging markets?
The Trend Profit Signals indicator is optimized for trending markets.
While it provides signals in ranging conditions, the most profitable moves occur when the market breaks out of a consolidation zone and begins a sustained run.
Using a trend filter like a long-term moving average can help you focus on the best setups.
Can I use Trend Profit Signals on Gold and Bitcoin?
Yes, the algorithm works on any instrument available in your MT4 platform, including commodities and cryptocurrencies.
These assets often trend strongly, which makes the signal labels very effective for catching large price swings.
Does the indicator send mobile notifications?
Most versions allow you to enable push notifications or email alerts in the settings.
This is a great feature for traders who cannot spend all day in front of their monitors but still want to be alerted when a new “BUY” or “SELL” signal is generated.
How do I filter out false signals during low volatility?
During the Asian session or before major news releases, volatility can drop, leading to less reliable signals.
Professional traders often avoid trading during these “dead” hours and focus on the London and New York sessions when the volume is high enough to support a real trend.
Summary
The primary benefit of this tool is its ability to highlight potential turning points without the need for manual trendline drawing or complex wave counting.
By focusing on the high-probability zones where momentum shifts, you can enter trades with a clear target and a defined risk profile.
This tool is especially useful for those who want to simplify their chart analysis and remove the emotional burden of decision-making.
When you see a signal, the technical criteria have already been met, leaving you to focus on proper risk management and execution.
It serves as a reliable partner in your trading journey, helping you navigate the complexities of the forex market with ease.
