The Brain Trend Signal Alert indicator for MT5 is an excellent buy/sell rapid signals tool for scalpers and day traders alike.
The signals are very easy to understand and they appear in the main chart window as blue and red colored dots.
Buy & sell signal:
- A blue dot is a buy signal.
- A red dot is a sell signal.
Feel free to experiment with the indicator’s different settings and input values.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Indicator Example Chart (EUR/USD M15)
The example chart below displays the Brain Trend Signal Alert indicator in action on the MT5 trading chart.
After you downloaded and installed the indicator on the MT5 trading platform, it should look like the image as shown above.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy when trading with this scalper indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 5 (MT5)
Trading Instruments: Works for Forex, Stocks, Commodities, Equity Indices, Precious Metals, Energies and Shares
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Signals
Does the indicator repaint? No.
