The Golden Variety Forex Signals indicator for the Metatrader 4 (MT4) platform analyses the chart and provides precise buy/sell trend arrows.
The indicator pops up in a separate MT4 window as easy to trade buy & sell arrows and colored trend bars.
Golden Variety can be used in different ways.
Buy & Sell Trade Example
- A blue up arrow is a buy signal.
- An orange down arrow is a sell signal.
- Trade in agreement with the longer-term trend.
The Golden Variety Forex Signals indicator can be used for both trade entry and exit, or as an additional confirmation filter for other strategies and systems.
For scalping and day trading purposes, the indicator tends to generate the most profit during the London and U.S. 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 “Golden Tendency String V2.ex4” indicator for MT4
Indicator Chart (EUR/USD M5)
The example chart below displays the Golden Variety Forex Signals mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy to trade with the Golden Variety Forex Signals 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: Trend signal
Does the indicator repaint? No.
Download Now
Download the “Golden Tendency String V2.ex4” indicator for Metatrader 4
