The Target Points Forex indicator for mt4 (Metatrader 4) analyses the chart and provides take profit levels for both long and short trades.
The indicator appears in the main MT4 chart as a dashboard that contains 4 take profit levels for long trades and 4 take profit levels for short trades.
Additionally, it also provides the recommended stop loss level for buy and sell trades.
This indicator can be used together with your own favorite buy/sell indicator, trading system or strategy.
Free Download
Download the “kg target points.ex4” indicator for MT4
Indicator Chart (EUR/USD H1)
The example chart below displays the Target Points 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 Target Points Forex 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: Profit target
Does the indicator repaint? No.
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Download the “kg target points.ex4” indicator for Metatrader 4
