About the Sixty Second Trades Forex Indicator
The Sixty Second Trades for MT4 delivers a streamlined approach to fast-paced trading by focusing on high-probability momentum bursts.
This setup presents market data in a clear, visual format, which helps traders act quickly without the distraction of complex lagging indicators.
The Sixty Second Trades indicator for Metatrader 4 is a simple trend prediction tool developed for binary trading and Forex scalpers who need instant clarity.
The indicator pops up in the main MT4 chart window as green and red colored buy and sell circled arrows, providing a direct map of market sentiment.
The buy and sell trading rules are simple to understand, even for absolute beginners, making it an accessible choice for those new to the world of high-speed trading.
Free Download
Download the “SixtySecondTrades.ex4” indicator for MT4
Key Features
- It features a non-repaint logic to ensure that historical signals remain accurate for backtesting.
- The indicator utilizes color-coded circled arrows for easy identification of trade setups.
- The tool is specifically designed for 60-second binary options and M1/M5 forex scalping.
- It works effectively on all major currency pairs, indices, and liquid commodities.
Indicator Chart
The Sixty Second Trades indicator chart displays price action with distinct circled arrows placed near the candles.
A green circled arrow indicates a bullish momentum signal, while a red circled arrow represents a bearish signal.
Because these signals are designed for speed, they often appear at the very beginning of a new 1-minute candle, giving the trader the maximum amount of time to manage the position before the next shift occurs.
Guide to Trade with Sixty Second Trades Forex Indicator
Trading with this system requires a focus on fast execution and disciplined timing to match the 60-second window.
Buy Rules
- Monitor the M1 timeframe for a potential shift in buyer momentum.
- A buy signal occurs when the green circled arrow is printed on the chart.
- Enter the trade at the opening of the next candle following the arrow’s appearance.
- Confirm the signal by ensuring the price is trending upward on the 5-minute chart.
Sell Rules
- Watch for a transition where sellers begin to push the price lower at a resistance zone.
- A sell signal occurs when the red circled arrow is printed on the chart.
- Execute your sell entry immediately after the signal candle closes.
- Verify that the broader market sentiment aligns with the bearish signal for higher accuracy.
Stop Loss
- For forex scalping, place the stop loss a few pips below the most recent swing low for buy orders.
- Position your sell stop loss slightly above the most recent swing high.
- Keep your risk parameters tight to account for the rapid nature of 60-second moves.
- Always use a fixed risk percentage to protect your trading capital during volatile sessions.
Take Profit
- Exit the trade when an opposite signal (red circle for buy, green circle for sell) appears.
- For binary options, set your expiry to 60 seconds or 5 minutes based on your preference.
- Target a 1:1.5 risk-to-reward ratio for consistent scalping results.
- Consider closing the position if the price reaches a major horizontal support or resistance level.
Sixty Second Trades + Golden Super K Trend Forex Scalping Strategy For M1 Charts
This scalping strategy combines the Sixty Second Trades Indicator MT4 with the Golden Super K Forex Trend Indicator MT4.
The Sixty Second Trades indicator generates fast entry signals: green circled arrows for buy trades and red circled arrows for sell trades.
The Golden Super K trend indicator confirms market direction with a blue line for bullish trends and an orange line for bearish trends.
Combining both indicators helps scalpers catch quick moves on M1 charts with high precision.
This strategy is ideal for traders looking to execute rapid scalps during active sessions like London and New York.
It works best on M1 charts where small price movements can be exploited with tight targets and strict risk management.
Buy Entry Rules
- Confirm that the Golden Super K line is blue, indicating a bullish trend.
- Wait for a green circled arrow on the Sixty Second Trades indicator.
- Enter a buy trade at the close of the candle with the green arrow.
- Set a stop loss a few pips below the recent swing low.
- Take profit between 5–10 pips, suitable for rapid M1 scalps.
Sell Entry Rules
- Confirm that the Golden Super K line is orange, indicating a bearish trend.
- Wait for a red circled arrow on the Sixty Second Trades indicator.
- Enter a sell trade at the close of the candle with the red arrow.
- Set a stop loss a few pips above the recent swing high.
- Take profit between 5–10 pips, optimized for quick scalping on M1 charts.
Advantages
- Fast and precise entry signals make it ideal for aggressive M1 scalping.
- Combines signal arrows with trend confirmation for higher probability trades.
- Works on major pairs with tight spreads for consistent small gains.
- Helps traders take advantage of short bursts of market momentum during active sessions.
Drawbacks
- A very short time frame requires constant monitoring and fast execution.
- Spread and slippage can reduce profits on 5–10 pip targets.
Case Study 1: EURUSD M1 – London Session
During the London session, EURUSD showed a blue Golden Super K line confirming a bullish trend.
A green circled arrow appeared at 1.1012 on the Sixty Second Trades indicator.
A buy trade was entered with a 3-pip stop loss.
Within 2 minutes, the price reached 1.1019, yielding a 7-pip profit.
The alignment of trend confirmation and arrow signal resulted in a high-probability M1 scalp.
Case Study 2: GBPUSD M1 – New York Session
GBPUSD displayed an orange Golden Super K line, indicating a bearish trend.
A red circled arrow appeared at 1.2788.
A sell trade was executed with a 4-pip stop loss.
Price dropped to 1.2781 within 3 minutes, achieving a 7-pip profit.
Strategy Tips
- Trade during high-liquidity sessions for stronger and more reliable moves.
- Focus only on signals that align with the Golden Super K trend line.
- Use tight stop losses and small take profit targets to maintain consistent scalping results.
- Monitor spreads carefully; wide spreads can reduce profitability on small targets.
- Do not overtrade; wait for a clear signal and trend alignment before entering.
Download Now
Download the “SixtySecondTrades.ex4” indicator for Metatrader 4
FAQ
Is this indicator better for binary options or forex?
While it was originally developed for binary options, many forex scalpers find it highly effective.
The indicator’s strength is its ability to find quick, short-term trends.
In binary options, this helps with expiry timing; in forex scalping, it helps you capture 5-10 pip moves very quickly during active sessions.
Does the indicator repaint the circled arrows?
The Sixty Second Trades indicator is designed to be non-repainting.
Once a candle closes and the circled arrow is fixed on the chart, it will not disappear or move.
This allows you to trust your historical chart data when reviewing your performance and refining your strategy.
What is the best time of day to use this tool?
This indicator performs best when there is high liquidity and consistent price movement.
The London and New York sessions are the ideal times, particularly during the overlap.
Avoid using it during bank holidays or the Asian session when the market tends to range, as low volume can lead to “choppy” signals.
Summary
The Sixty Second Trades for MT4 is an effective momentum tool that assists in determining the appropriate timing for market entries.
By providing a clear and simple visual guide to trend changes, it helps you stay ahead of the curve in fast-moving markets.
This tool helps traders maintain a disciplined routine by focusing on high-probability setups that occur within small timeframes.
Using this indicator allows you to filter high-risk trades and concentrate on the most volatile and profitable periods of the trading day.
