Lock Kijun Sen Channel is a free mt4 (Metatrader 4) Forex indicator that displays the Kijun Sen channel on the activity chart.
The indicator consists of 3 orange colored lines that form the actual channel.
- A rising channel indicates rising currency prices.
- A falling channel indicates falling currency prices.
The Kijun Sen Channel indicator performs best when combined with an existing trading strategy or system of your preference.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “LOCKijunSenChannel.mq4” indicator for MT4
Indicator Chart (EUR/USD Daily)
The example chart below displays the Kijun Sen Channel mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Kijun Sen Channel 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: Kijun
Does the indicator repaint? No.
Download Now
Download the “LOCKijunSenChannel.mq4” indicator for Metatrader 4
