The Ahoora Trend MT4 forex indicator is a trend following buy/sell signal indicator that is based on moving averages.
Ahoora is pretty easy to trade. It consists of a signal line that changes color from green to red and from red to green.
A green colored Ahoora signal line indicates the trend is upward and it is a signal to buy the currency pair.
Conversely, a red colored Ahoora signal line indicates the trend is downward and it is a signal to sell the currency pair.
Ahoora can be useful as a standalone technical indicator to day traders and scalpers, however it’s recommended to use it together with other technical indicators and/or analysis tools.
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Indicator Chart (USD/JPY M15)
The USD/JPY 15-Minute chart below displays the Ahoora Trend Metatrader 4 Forex indicator in action.
Basic Trading Signals
Signals from the Ahoora Trend MT4 forex indicator are easy to interpret and go as follows:
Buy Signal: Open buy trade position when the Ahoora Trend indicator changes its line color from red to green (bullish trend).
Sell Signal: Open sell trade position when the Ahoora Trend indicator changes its line color from green to red (bearish trend).
Trade Exit: Close the open buy/sell trade when an opposite signal occurs, or use your own method of trade exit.
Ahoora Trend + Turbo JRSX MT4 Forex Strategy
This MT4 strategy uses the Ahoora Trend Indicator together with the Turbo JRSX Indicator.
The Ahoora Trend indicator draws a colored trend line: green signals a bullish environment and red signals a bearish environment.
The Turbo JRSX adds a histogram that flashes red for buy signals and green for sell signals.
By combining trend direction with momentum signals, the strategy helps traders align entries with the prevailing trend while capturing potential trend continuations.
It works on H1 and H4 timeframes, but can also be adapted to M15 for more frequent setups.
This method suits traders looking for medium-term swing moves or intraday trend-following trades.
Buy Entry Rules
- Wait until the Ahoora Trend line is green, indicating a bullish trend.
- Enter a buy trade when the Turbo JRSX histogram turns red (buy signal) while the trend remains bullish.
- Place a stop loss a few pips below the most recent swing low.
- Set take profit at the next resistance level or when the Turbo JRSX histogram flips to green or Ahoora Trend turns red.
Sell Entry Rules
- Wait until the Ahoora Trend line is red, indicating a bearish trend.
- Enter a sell trade when the Turbo JRSX histogram turns green (sell signal) while the trend remains bearish.
- Place a stop loss a few pips above the most recent swing high.
- Set take profit at the next support level or when the histogram flips to red or the Ahoora line turns green.
Advantages
- Combines trend direction and momentum signals for more reliable entries.
- Helps avoid countertrend entries by requiring trend confirmation from Ahoora Trend.
- Suitable for swing trading and intraday setups on multiple timeframes.
- Easy to read and follow because of clear colors and histogram signals.
- It can produce high reward to risk ratios when trades follow strong market moves.
Drawbacks
- Waiting for both trend and histogram confirmation can delay entries and sometimes miss early moves.
- Large stop losses may be needed on volatile pairs because swing lows/highs can be wide.
- Retracements after entry may hit the stop loss before momentum resumes, leading to losses.
Example Case Study 1 – EURUSD H1
In the early London session, EURUSD H1 started to form a clear uptrend.
The Ahoora Trend line turned green and remained green through several candles.
When the Turbo JRSX histogram turned red, that triggered a buy signal.
A buy order was opened with a stop loss under the recent swing low.
Over the next 8 hours, the pair climbed steadily, breaking through resistance and delivering a 75 pip move.
The histogram later switched to green and the Ahoora Trend line stayed green, so the trade was closed manually near resistance for a profit of 70 pips.
Example Case Study 2 – GBPJPY H4
On GBPJPY H4, after a long bullish trend the pair started to retrace.
The Ahoora Trend turned red indicating bearish bias.
Shortly after the Turbo JRSX histogram flipped green, signaling a sell setup.
A sell trade was entered with a stop loss above the last swing high.
Over the next 24 hours, the pair dropped strongly amid Tokyo–London overlap, giving a 90 pip drop before hitting a key support zone.
As the histogram flipped red and the trend remained bearish, the position was closed for 84 pips net profit.
Strategy Tips
- Test the strategy on different currency pairs to see which ones respect trend and momentum best.
- Good pairs include EURUSD, GBPJPY, AUDUSD, and USDCHF.
- Prefer pairs with tight spreads to reduce risk, especially if using smaller timeframes.
- Combine trades with logical support and resistance levels to improve entry timing and profit targets.
- Use proper risk management. Limit risk per trade and avoid overleveraging when using larger stop losses.
- Consider trailing the stop as the price moves favorably to protect profit if the trend continues.
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Download the “ahoora-indicator.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Variable (MA method) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: trend
