The Sidus Forex System indicator for Metatrader 4 is a good trading system that comes with simple-to-use buy/sell arrows and signal lines.
Basically, the indicator will notify traders of any trend changes by drawing buy and sell arrows on the main MT4 chart.
Buy & Sell Trade Example
- Open a buy trade when the price is trading above the two red lines and a green arrow appears on the chart.
- Open a sell trade when the price is trading below the two red lines and a red arrow appears on the chart.
The indicator works for any trade style of your preference, and it can be used as a standalone trading tool for both trade entry and exit.
The indicator works equally well on all currency pairs (majors, minors, and exotic) and shows promising results if used correctly.
Free Download
Download the “sidus.mq4” indicator for MT4
Indicator Chart (EUR/USD H4)
The picture below shows the Sidus Forex System mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy when trading with the Sidus Forex System 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 4 (MT4)
Currency pairs: Works for any pair
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: Forex system
Does the indicator repaint? No.
