About the Forex Profit Supreme Signal Indicator
The Forex Profit Supreme Signal indicator for MT4 is designed to provide clear buy and sell signals directly on the chart.
Blue arrows indicate potential buy opportunities, while red arrows signal potential sell trades.
It is beginner-friendly and allows traders of all levels to enter trades without complicated analysis.
This indicator works on all timeframes and is suitable for scalping, day trading, and swing trading.
It can also be combined with other trend or momentum indicators to improve the accuracy of entries and exits.
Using simple arrow signals reduces hesitation and helps traders act faster in dynamic markets.
Free Download
Download the “Forexprofitsupreme Signal.mq4” indicator for MT4
Key Features
- Red arrows indicate sell signals, blue arrows indicate buy signals
- Works on any currency pair and timeframe
- Simple, intuitive interface for fast decision-making
- Can be combined with other indicators for added confirmation
- Helps identify market trends and reversals
Indicator Chart
The chart displays Forex Profit Supreme Signal arrows in real-time.
Blue arrows mark potential buying points, and red arrows mark potential selling points.
This helps traders quickly spot profitable opportunities without extra analysis.
Guide to Trade with Forex Profit Supreme Signal
Buy Rules
- Enter a buy trade when a blue arrow appears
- Confirm with nearby support if desired
- Reverse or close trade if a red arrow appears
Sell Rules
- Enter a sell trade when a red arrow appears
- Confirm with nearby resistance if desired
- Reverse or close trade if a blue arrow appears
Stop Loss
- Place below the recent swing low for buys
- Place above the recent swing high for sells
- Tight stops in low volatility, wider in choppy markets
Take Profit
- Close trades when the opposite arrow appears
- Optionally exit after a fixed pip target
Practical Tips
- Best on M5–H1 charts for fast trades
- Avoid trading during news spikes
- Focus on strong and consistent arrow signals
- Adjust stop and take profit based on volatility
Day Trading Strategy: Forex Profit Supreme Signal + Buzzer Indicator (MT4)
This strategy combines the Forex Profit Supreme Signal and the Buzzer Forex Indicator to identify high-probability intraday trades.
The Forex Profit Supreme Signal provides blue arrows for buy entries and red arrows for sell entries.
The Buzzer Forex Indicator confirms the trend: a green line indicates bullish momentum, while a red line signals bearish momentum.
This strategy is suitable for 15-minute to 1-hour charts during high-liquidity trading sessions.
Buy Entry Rules
- Wait for a blue arrow from the Forex Profit Supreme Signal indicating a buy signal.
- Confirm the trend is bullish with the green line of the Buzzer Indicator.
- Enter a buy trade at the close of the confirming candle.
- Set the stop loss below the recent swing low or a nearby support level.
- Set take profit at a 1:2 reward-to-risk ratio, or exit if the Buzzer line turns red or a red arrow appears.
Sell Entry Rules
- Wait for a red arrow from the Forex Profit Supreme Signal indicating a sell signal.
- Confirm the trend is bearish with the red line of the Buzzer Indicator.
- Enter a sell trade at the close of the confirming candle.
- Set the stop loss above the recent swing high or a nearby resistance level.
- Set take profit at a 1:2 reward-to-risk ratio, or exit if the Buzzer line turns green or a blue arrow appears.
Advantages
- Combines precise entry signals with trend confirmation for higher accuracy.
- Non-repainting indicators ensure past signals remain valid.
- Helps traders avoid entering against the prevailing trend.
- Works on multiple currency pairs and intraday timeframes.
- Clear entry and exit rules improve trading discipline.
Drawbacks
- Signals may lag slightly in fast-moving markets, causing delayed entries.
- Monitoring multiple charts for different currency pairs can be overwhelming for some traders.
- Overtrading may occur if all signals are followed without filtering for quality setups.
- Less effective for scalping on very short timeframes due to noise and indicator lag.
- Patience is required; entering too early can result in losing trades.
Case Study 1
On the EUR/USD 30-minute chart, a blue arrow appeared from the Forex Profit Supreme Signal while the Buzzer Indicator showed a green line.
A buy trade was entered at 1.1870, with a stop loss at 1.1855 and a take profit at 1.1900.
The trade reached take profit within 2 hours, yielding a 30-pip gain.
Case Study 2
On the GBP/USD 1-hour chart, a red arrow appeared from the Forex Profit Supreme Signal while the Buzzer Indicator showed a red line.
A sell trade was entered at 1.3455, with a stop loss at 1.3475 and a take profit at 1.3415.
The trade reached take profit in 3 hours, capturing a 40-pip gain.
Strategy Tips
- Use trailing stops to lock in profits during strong intraday trends.
- Wait for full confirmation from both indicators before entering a trade to avoid premature entries.
- Adjust stop loss and take profit levels according to market volatility and the specific currency pair.
- Focus on trending pairs rather than choppy or sideways markets for better results.
Download Now
Download the “Forexprofitsupreme Signal.mq4” indicator for Metatrader 4
FAQ
Can it be used on multiple timeframes?
Yes, it works on any timeframe. Lower timeframes are best for scalping, higher ones for swing trades.
Can I trade other pairs besides EUR/USD?
Yes, it works on all currency pairs in your MT4 market watch.
How should I confirm signals?
Use trend indicators or support/resistance levels to increase accuracy before entering a trade.
Is it beginner-friendly?
Absolutely. The arrow system is simple to follow and requires no prior experience.
Summary
The Forex Profit Supreme Signal indicator for MT4 provides instant buy and sell signals with red and blue arrows.
It’s perfect for traders who want a fast way to spot entry and exit points.
Suitable for scalping, day trading, and swing trades, it can also be combined with trend or momentum tools for added confirmation.
The indicator helps you identify potential reversals and trend continuation opportunities quickly, making trading simpler and more efficient.
