The FX Prime indicator for the Metatrader 4 platform is a simple, yet precise buy and sell signal indicator that follows the most profitable trend.
The indicator pops up in the main MT4 chart window as a bi-colored signal line.
Buy & Sell Trade Example
- A green colored signal line is a buy signal.
- A red colored signal line is a sell signal.
- Reverse the open position whenever an opposite signal get displayed on the chart.
The FX Prime 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 “fxprime.mq4” indicator for MT4
Indicator Chart (EUR/USD Daily)
The example chart below displays the FX Prime mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the FX Prime 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.
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Download the “fxprime.mq4” indicator for Metatrader 4
