Dorsey Inertia Forex Indicator (MT4)

Dorsey Inertia is a free mt4 (Metatrader 4) oscillator type indicator that can be used for both trade entry and exit signals.

The indicator appears in a separate MT4 chart window as an oscillator that oscillates above and below the 50 level.

Key Points

The trend is considered up whenever the Dorsey Inertia indicator crosses back above its 50 level.
The trend is considered down whenever the Dorsey Inertia indicator crosses back below its 50 level.

For scalping purposes, the indicator tends to work the best during the London and American trading sessions.

The example chart below displays the Dorsey Inertia 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 Dorsey Inertia 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: Oscillator

Does the indicator repaint? No.