Dinapoli Target Malay Forex Indicator (MT4)

About the DiNapoli Target Malay indicator

The DiNapoli Target Malay indicator is a precision tool for MetaTrader 4 designed to identify potential reversals and target levels based on the DiNapoli methodology combined with local price action patterns.

It plots key support and resistance zones, highlights probable entry points, and suggests take-profit and stop-loss levels to improve trading decisions.

Ideal for swing and intraday traders, this indicator helps visualize potential market turning points, giving you a clear edge in planning entries and exits.

Free Download

Download the “dinapoli-target-indicator.mq4” indicator for MT4

Key Features

• Plots DiNapoli target zones to identify high-probability reversal levels.
• Displays key support and resistance lines dynamically.
• Signals potential buy/sell zones with alert options.
• Works on all MT4 timeframes and major Forex pairs.
• Optional audio, email, and push notifications for target hits.
• Configurable inputs: lookback period, alert toggles, target sensitivity.

Indicator Example Chart (EUR/USD H1)

The chart below shows the DiNapoli Target Malay indicator in action.

How To Trade Using This Indicator

Entry rules (Buy)

• Identify a bullish setup: price approaches a support or DiNapoli target zone in an uptrend.
• Look for bullish reversal patterns such as pin bars, engulfing candles, or confirmation from momentum indicators like RSI above 50.
• Enter long at candle close with a stop loss placed just below the support zone or recent swing low.

Entry rules (Sell)

• Identify a bearish setup: price approaches a resistance or DiNapoli target zone in a downtrend.
• Look for bearish reversal patterns like shooting stars, bearish engulfing, or confirmation from oscillators such as RSI below 50.
• Enter short at candle close with a stop loss set above the resistance zone or recent swing high.

Stop Loss & Take Profit

• Stop loss is set just beyond the target zone or recent swing level to provide adequate protection against market noise.
• Take-profit levels can be placed at the next DiNapoli target or key support/resistance.
• Conservative traders may use a reward-to-risk ratio of 1:1.5 or 1:2.
• Trailing stops can also be applied to lock in profits as the price moves favorably through multiple target zones.
• Following these principles helps maintain disciplined trading and consistent risk management.

The ZLMA DiNapoli Target MT4 Strategy

This strategy combines the Zero Lag Moving Average Indicator with the DiNapoli Target Malay Indicator to create a dynamic and efficient trading system.

The Zero Lag Moving Average (ZLMA) is a highly responsive trend-following tool that provides quick and clear entry signals when the price crosses over it.

The DiNapoli Target indicator, meanwhile, serves a crucial role by providing predefined, logical take-profit levels.

By using the ZLMA for entries and the DiNapoli Targets for exits, traders can automate a key part of their trading plan and reduce emotional decision-making.

This system is effective on any currency pair and is best suited for time frames from M15 to H4. It is a robust strategy for both day traders and swing traders.

Buy Entry Rules

• The price bar closes above the Zero Lag Moving Average (ZLMA) line.
• Stop Loss: Place it below the recent swing low or just below the ZLMA line.
• Take Profit: Aim for one of the targets provided by the DiNapoli Target Malay indicator, such as T1 or T2. Alternatively, you can take partial profits at each target level.

Sell Entry Rules

• The price bar closes below the Zero Lag Moving Average (ZLMA) line.
• Stop Loss: Place it above the recent swing high or just above the ZLMA line.
• Take Profit: Aim for one of the targets provided by the DiNapoli Target Malay indicator, such as T1 or T2. Alternatively, you can take partial profits at each target level.

Advantages

• Clear Entry and Exit: This strategy simplifies trading by providing objective rules for both entering and exiting a trade, which reduces the need for constant market monitoring.
• Reduced Lag: The Zero Lag Moving Average is designed to react faster than a standard moving average, helping you get into trades earlier and capture more of a move.
• Defined Targets: The DiNapoli Target indicator provides logical and specific profit targets, which help traders avoid closing a trade too early or too late based on emotion.

Drawbacks

• Whipsaw in Ranging Markets: The strategy may generate multiple false signals in a choppy or sideways market. It performs best during clear trending conditions.
• Not a Holy Grail: While powerful, this system is not infallible. It still requires a solid understanding of risk management and market context to be consistently profitable.

Case Studies

Case Study 1: Buy Trade

On an H1 chart for USD/CAD, the price closed above the Zero Lag Moving Average.

At the same time, the DiNapoli Target indicator showed several potential profit levels above the current price.

A buy trade was entered with a stop loss placed below the ZLMA.

The trade ran smoothly and was closed for a profit when the price reached the first DiNapoli target level, securing a solid gain.

Case Study 2: Sell Trade

On a 30-minute chart for GBP/USD, the price broke down and closed well below the Zero Lag Moving Average.

A sell trade was initiated. The DiNapoli Target indicator displayed clear profit targets below the current price.

The trade was held as the price continued its downward trend, and it was closed at the second DiNapoli target level for a significant profit, demonstrating the power of a defined exit strategy.

Strategy Tips

• Confirm the Trend: Use a higher time frame to confirm the overall trend before taking a signal on a lower time frame. For example, if the H4 chart is in an uptrend, only take buy signals on the M15 chart.
• Combine with Candlesticks: Look for additional confirmation from candlestick patterns, such as a strong bullish or bearish engulfing candle that closes above or below the ZLMA line.
• Risk Management: Always use a stop loss. The ZLMA provides a logical place for your stop loss, but you should also adjust it based on volatility and your personal risk tolerance.

Download Now

Download the “dinapoli-target-indicator.mq4” indicator for Metatrader 4

Indicator Specifications

FAQ — Practical questions traders ask

1. Can I use this indicator for scalping?

Yes, on lower timeframes such as M5 and M15, the indicator shows micro target zones.

Scalping requires strict risk management and confirmation with a fast oscillator like RSI or Stochastic to ensure trades align with short-term momentum.

2. Does it repaint?

No, the targets are calculated based on closed bars, making the signals reliable.

Live tick visuals may shift intrabar, but confirmed signals on closed candles do not repaint.

3. Which indicators pair well with DiNapoli Target Malay?

Trend filters like EMA200 or momentum indicators such as RSI or MACD work well with this indicator.

Combining it with other tools like Fibonacci retracements or the DIN Fibo Next Channel can improve entry accuracy and target confirmation, enhancing trade probability.

4. How do I improve trade probability?

Trade only in the direction of the higher-timeframe trend, wait for price action confirmation, and avoid entering trades during major news releases.

Using multiple confirmations reduces false signals and improves overall trade accuracy.

Summary

The DiNapoli Target Malay MT4 indicator provides a structured approach to visualize target zones, reversals, and profit-taking levels.

By combining it with higher-timeframe trend filters, momentum oscillators, or channel indicators, traders can improve entry accuracy and reduce false signals.

Follow the strategy: enter near target zones with confirmation, set stop-loss beyond swing highs/lows, and maintain reward-to-risk ratios of 1:1.5 or higher.

For breakout trades, wait for retests to ensure confirmation.