Kicking Pattern is a free mt4 (Metatrader 4) Forex indicator that can be used for both trade entry and exit, or it can act as a price action-based digital filter.
The indicator works on pure price action and is non-lagging in nature.
Kicking Pattern 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 “Kicking_Pattern.mq4” indicator for MT4
Indicator Chart (EUR/USD M30)
The example chart below displays the Kicking Pattern 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 Kicking Pattern 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: Pattern
Does the indicator repaint? No.
Kicking Pattern + 4 MA Strength MT4 Day Trading Strategy
This day trading strategy combines the Kicking Pattern Forex Indicator with the 4 MA Strength Forex Indicator for MetaTrader 4.
The Kicking Pattern Indicator identifies potential market reversals using colored dots—red for bearish reversal signals and yellow for bullish reversal signals.
The 4 MA Strength Indicator confirms the overall trend: green histogram indicates bullish momentum, and pink histogram indicates bearish momentum.
This combination helps traders identify high-probability day trading opportunities.
The strategy works best on M15 and H1 charts for major and minor currency pairs.
Buy Entry Rules
- Confirm that the 4 MA Strength histogram is green, indicating a bullish trend.
- Wait for a yellow dot from the Kicking Pattern Indicator, signaling a bullish reversal.
- Enter a buy trade at the current market price.
- Place a stop loss below the most recent swing low or support level.
- Set take profit at the next resistance level or a fixed intraday target (10–25 pips), depending on volatility.
Sell Entry Rules
- Confirm that the 4 MA Strength histogram is pink, indicating a bearish trend.
- Wait for a red dot from the Kicking Pattern Indicator, signaling a bearish reversal.
- Enter a sell trade at the current market price.
- Place a stop loss above the most recent swing high or resistance level.
- Set take profit at the next support level or a fixed intraday target (10–25 pips).
Advantages
- Combines reversal signals with trend confirmation for higher accuracy.
- Helps traders identify precise entry points during intraday trends.
- Visual signals (dots and histograms) make it simple to follow.
- Works well on multiple currency pairs.
Drawbacks
- Requires patience, as traders must wait for trend confirmation before entering trades.
- Not ideal for scalping on very short timeframes (below M15) due to noise in reversal patterns.
Example Case Studies
Case Study 1 – EUR/USD M15
The 4 MA Strength histogram was green, confirming a bullish trend.
A yellow dot appeared on the Kicking Pattern Indicator, signaling a bullish reversal.
A buy trade was entered at 1.1050, with a stop loss at 1.1040 and a take profit at 1.1075.
The price moved upward, reaching the take profit within the session for a 25-pip gain.
Case Study 2 – GBP/JPY H1
The 4 MA Strength histogram was pink, indicating a bearish trend.
A red dot appeared on the Kicking Pattern Indicator, signaling a bearish reversal.
A sell trade was entered at 148.25 with a stop loss at 148.40 and a take profit at 147.90.
The market moved downward as expected, reaching the target within the day for a 35-pip gain.
Strategy Tips
- Always trade in the direction of the 4 MA Strength histogram to avoid counter-trend trades.
- Use M15 and H1 charts to reduce market noise and improve signal reliability.
- Combine with support and resistance levels for better stop loss and take profit placement.
- Consider taking partial profits when the price approaches a key level, letting the remainder run if the trend remains strong.
- Focus on high-liquidity currency pairs for tighter spreads and faster execution.
Download Now
Download the “Kicking_Pattern.mq4” indicator for Metatrader 4
