About the Profit Sunrise Forex Indicator
The Profit Sunrise Forex indicator for Metatrader 4 is a versatile trading tool designed to support multiple trading styles.
It delivers straightforward buy and sell signals while maintaining alignment with the underlying market trend.
This makes it suitable for scalping, intraday trading, and short swing setups.
Signals are plotted directly on the main MT4 chart window as circled arrows.
Green circled arrows indicate potential buying opportunities.
Red circled arrows indicate potential selling opportunities.
These signals are easy to interpret and allow traders to act without hesitation.
One of the key strengths of the Profit Sunrise indicator is its ability to support trade re-entries.
When a trend remains active, the indicator can generate additional signals in the same direction.
This helps traders stay involved in strong market moves instead of exiting too early.
Free Download
Download the “profit-sunrise-indicator.mq4” indicator for MT4
Key Features
- Displays buy and sell signals directly on the price chart.
- Uses green and red circled arrows for easy recognition.
- Supports trend-based trade re-entries.
- Compatible with all Forex currency pairs.
Indicator Chart
The Profit Sunrise Forex indicator chart shows circled arrows aligned with price movement.
Green arrows appear during bullish market phases. Red arrows appear during bearish trend conditions.
The chart highlights both initial entries and re-entry opportunities.
This helps traders stay synchronized with the broader market direction.
Guide to Trade with Profit Sunrise Forex Indicator
Buy Rules
- Wait for the first green circled arrow to appear on the chart.
- Confirm that price is trading above recent support.
- Enter a buy trade at the close of the signal candle.
Sell Rules
- Wait for the first red circled arrow to appear on the chart.
- Confirm that price is trading below recent resistance.
- Enter a sell trade at the close of the signal candle.
Stop Loss
- Place the stop loss beyond the nearest price rejection zone.
- For long positions, set it below the last confirmed pullback.
- For short position, set it above the last corrective high.
Take Profit
- Use a predefined pip objective that matches the time frame traded.
- Exit the trade when a counter signal appears on the chart.
- Secure profits near nearby intraday support or resistance areas.
Profit Sunrise Indicator + Wildan Trend System Forex Scalping Strategy
This scalping strategy combines the clear reversal signals of the Profit Sunrise Forex Indicator with the trend confirmation of the Wildan Trend System Forex Indicator.
It is ideal for short-term traders looking to capture quick intraday moves while minimizing false entries.
The Profit Sunrise indicator plots green circled arrows for buy signals and red circled arrows for sell signals.
The Wildan Trend System uses a blue histogram to indicate bullish momentum and a red histogram for bearish momentum.
By combining both, traders can take advantage of reversal points while confirming the overall trend direction for higher accuracy.
Buy Entry Rules
- Open a buy trade when the first green circled arrow appears on the chart.
- Confirm that the Wildan Trend histogram is blue, indicating a buy trend.
- Enter at the close of the candle with the green arrow and blue histogram.
- Set a stop loss 10–15 pips below the recent swing low.
- Take profit between 20–30 pips or exit when the histogram turns red.
Sell Entry Rules
- Open a sell trade when the first red circled arrow appears on the chart.
- Confirm that the Wildan Trend histogram is red, indicating a sell trend.
- Enter at the close of the candle with the red arrow and red histogram.
- Set a stop loss 10–15 pips above the recent swing high.
- Take profit between 20–30 pips or exit when the histogram turns blue.
Advantages
- Simple and fast visual signals with circled arrows and color-coded histograms.
- Effective for short-term scalping and intraday setups.
- Combining reversal and trend confirmation increases the probability of successful trades.
- Applicable to most major and cross-currency pairs, such as EUR/USD, GBP/JPY, and AUD/USD.
Drawbacks
- Rapid price spikes can trigger stop losses before the trend develops.
- Too many consecutive signals in choppy conditions can lead to small losses stacking up.
- May underperform during major news events or high-impact economic releases.
Example Case Study 1 – EUR/GBP
On the 5-minute chart, a green circled arrow appeared at 0.8912 while the Wildan Trend histogram was blue.
A buy position was entered at 0.8915 with a stop loss at 0.8902 and a take profit at 0.8935.
Within 30 minutes, the trade reached the target for +20 pips.
Example Case Study 2 – AUD/JPY
During the Tokyo session, a red circled arrow appeared near 91.75 with the Wildan Trend histogram showing red.
A sell trade was taken at 91.72 with a stop loss at 91.88 and a take profit at 91.42.
The price dropped steadily and reached the take profit level within 45 minutes, yielding +30 pips.
Strategy Tips
- Focus on high-liquidity trading sessions like London and New York for stronger price moves.
- Use short timeframes (5M–15M) for scalping opportunities.
- Consider trailing stops once a trade moves in your favor to lock in profits.
- Avoid entering trades near major economic news releases to reduce the risk of sudden volatility.
Download Now
Download the “profit-sunrise-indicator.mq4” indicator for Metatrader 4
FAQ
Can the Profit Sunrise indicator generate multiple signals in one trend?
Yes, the indicator is designed to allow re-entries.
This helps traders stay involved during extended directional moves.
Is the indicator suitable for beginners?
The arrow-based signals are simple and intuitive.
This makes it accessible for traders with limited experience.
Does the indicator work during low-volatility markets?
It performs best when the market shows directional intent.
Low-volatility periods may produce fewer signals.
Can the indicator be combined with other tools?
Yes, it works well with support and resistance analysis.
Many traders also combine it with trend confirmation tools.
Summary
The Profit Sunrise Forex indicator for MT4 offers a flexible approach to trend-based trading.
Its simple visual signals make decision-making faster and more consistent.
The ability to re-enter trades helps traders maximize strong market moves.
It encourages traders to follow trend direction rather than reacting emotionally.
Used correctly, it becomes a reliable addition to a structured trading plan.
