The Kairi Forex Oscillator indicator for Metatrader 4 (MT4) is a powerful trading tool that displays the short-term trend on the chart.
It’s a great tool for scalpers and day traders alike.
The indicator appears as a blue signal line in a separate MT4 chart window.
Buy & Sell Trade Example
- Buy the asset when the blue signal line crosses the 0.00 level bottom-up.
- Sell the asset when the blue signal line crosses the 0.00 level top-down.
The Kairi Forex Oscillator indicator can be used for both trade entry and exit, or as an additional trend filter for other strategies and systems.
For trading the M1 and M5 charts, the indicator tends to perform the best during the London and New York trading sessions.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “kairi-indicator.mq4” indicator for MT4
Indicator Chart (EUR/USD Daily)
The example chart below displays the Kairi Forex Oscillator 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 Kairi Forex Oscillator 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: Oscillator
Does the indicator repaint? No.
Kairi Forex Oscillator + CCI MTF Signals MT4 Scalping Strategy
This scalping strategy combines the Kairi Forex Oscillator Indicator for MT4 and the CCI MTF Signals Indicator for MT4.
The Kairi Oscillator shows trend direction: when the blue line is above zero, the trend is bullish; when it is below zero, the trend is bearish.
The CCI MTF Signals indicator provides precise entry points with blue arrows for buy and red arrows for sell.
Combining these two indicators allows scalpers to enter trades in the direction of the trend with high probability and tight risk management.
This strategy works best on M1 and M5 charts, making it suitable for active scalpers.
It is effective on major and minor pairs, including EURJPY, AUDUSD, and GBPCHF, where volatility and spreads are suitable for short-term trades.
Buy Entry Rules
- Confirm that the Kairi Oscillator blue line is above zero, indicating a bullish trend.
- Wait for the CCI MTF Signals indicator to display a blue arrow.
- Enter a buy trade at the close of the candle with the blue arrow.
- Stop Loss: place 5–10 pips below the recent swing low or below the arrow candle.
- Take Profit: target 8–15 pips, or exit when the Kairi Oscillator drops below zero or a red arrow appears.
Sell Entry Rules
- Confirm that the Kairi Oscillator blue line is below zero, indicating a bearish trend.
- Wait for the CCI MTF Signals indicator to display a red arrow.
- Enter a sell trade at the close of the candle with the red arrow.
- Stop Loss: place 5–10 pips above the recent swing high or above the arrow candle.
- Take Profit: target 8–15 pips, or exit when the Kairi Oscillator moves above zero or a blue arrow appears.
Advantages
- Combines trend confirmation and precise entry signals for high-probability scalping.
- Visual and easy-to-follow indicators allow quick decision-making.
- Works on multiple currency pairs and active sessions.
- Helps manage risk with clear stop-loss and exit rules.
Drawbacks
- May produce false entries in low-volatility or ranging markets.
- Multiple trades in rapid succession can lead to overtrading and reduced accuracy.
- Limited effectiveness on exotic or illiquid currency pairs due to low momentum.
Example Case Study 1 — EURJPY, M1
During the Asian session, the Kairi Oscillator was above zero, confirming a bullish trend.
The CCI MTF Signals indicator showed a blue arrow.
A buy trade at 145.80 was entered with a stop at 145.72 and a take profit at 145.92.
Price moved upward and hit the target within 12 minutes, yielding +12 pips.
Example Case Study 2 — AUDUSD, M5
During the London session, the Kairi Oscillator dropped below zero, indicating a bearish trend.
The CCI MTF Signals displayed a red arrow.
A short trade at 0.6685 with a stop at 0.6693 and a take profit at 0.6675 resulted in a successful 10 pip scalp within 15 minutes.
Strategy Tips
- Trade only when both the Kairi Oscillator trend and CCI arrow confirm the direction.
- Focus on active trading sessions for better volatility and faster moves.
- Keep position sizes small to manage risk on quick trades.
- Exit immediately if the trend flips or the opposite arrow appears.
- Backtest different pairs and timeframes to optimize stop-loss and take-profit levels.
By combining the Kairi Forex Oscillator and CCI MTF Signals, scalpers can enter high-probability trades with clear trend alignment and precise entry points, capturing fast intraday profits with controlled risk.
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Download the “kairi-indicator.mq4” indicator for Metatrader 4
