Kijun Sen and Envelopes is a free mt4 (Metatrader 4) Forex indicator that works on the Kijun trading method and can be used for both trade entry and exit.
The indicator draws the 3 Sen and Envelopes colored lines (green, blue and red) on the main MT4 chart.
The Kijun Sen and Envelopes indicator performs the 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 “Kijun_Sen_and_Envelope.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The example chart below displays the Kijun Sen and Envelopes 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 when trading with the Kijun Sen and Envelopes 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 “Kijun_Sen_and_Envelope.mq4” indicator for Metatrader 4
