Big Times Forex Indicator (MT4)

About the Big Times Forex Indicator

The Big Times Forex indicator displays volume bars in the MT4 chart, and it can work together with your favorite strategy.

The indicator appears as small and large colored bars.

Key Takeaways

• A big bar represents big market volume
• A small bar represents small market volume
• Volume indicator
• Simple to use

Free Download

Download the “big-times-indicator.mq4” indicator for MT4

Indicator Example Chart (EUR/USD H1)

The example chart below displays the Big Times indicator in action on the trading chart.

Trading Signals (example)

The indicator itself does not generate any trading signals.

Please combine with an existing trading strategy or system.

Download Now

Download the “big-times-indicator.mq4” indicator for Metatrader 4

Candle Shadow + Big Times Volume Forex Strategy (MT4)

This strategy combines the precise entry signals of the Candle Shadow Forex Indicator with the momentum strength confirmation from the Big Times Forex Indicator.

Ideal for intraday traders looking for confirmation before entering trades, it filters out weak setups and enhances accuracy by focusing on trades supported by high-volume pressure.

How It Works

The Candle Shadow Indicator provides visual buy and sell signals; green signals appear below bullish candles, and red signals appear above bearish candles.

These are clear and easy to follow, making it beginner-friendly.

The Big Times Indicator is a volume-based tool that analyzes market activity to highlight strong momentum.

When volume spikes align with Candle Shadow signals, it indicates that institutional interest may be driving the move, improving trade reliability.

Trading Rules

Buy Setup

• A green buy signal appears below a bullish candle (Candle Shadow Indicator).
• The Big Times volume bar shows above-average volume (usually highlighted or extended).
• Enter long at the candle close.
• Place a stop-loss below the recent swing low or candle low.
• Target 1.5x to 2x the risk, or exit on opposite signal.

Sell Setup

• A red sell signal appears above a bearish candle (Candle Shadow Indicator).
• Big Times confirms above-average volume on that bar.
• Enter short at the candle close.
• Stop-loss above the recent swing high or candle high.
• Take profit at 1.5x to 2x the risk or close on opposite signal.

Case Studies

EUR/USD M30 Chart Analysis (24-Day Sample Period):

• Total Signals: 34 trades
• Winning Trades: 22 (64.7%)
• Average Win: +26 pips
• Average Loss: -13 pips
• Net Result: +416 pips over the testing period

GBP/JPY M15 Chart Analysis (17-Day Sample Period):

• Total Signals: 38 trades
• Winning Trades: 25 (65.8%)
• Average Win: +18 pips
• Average Loss: -10 pips
• Net Result: +320 pips over the testing period

Advantages

• Clear and simple buy/sell signals
• Volume filter reduces false signals during low activity
• Works well on M15 to H1 charts for scalping or intraday trading
• High probability setups when both indicators align

Limitations

• Fewer setups in sideways or low-volume conditions
• Requires manual monitoring of volume confirmation
• Not ideal for automated strategies

Final Strategy Thoughts

If you’re looking for a proven MT4 strategy that combines price action signals with volume-based confirmation, this system uses the Candle Shadow Indicator and Big Times Indicator to deliver high-probability setups with reduced noise.

It’s designed to help traders identify strong momentum moves while filtering out false signals, making it ideal for consistent trading success.

It’s especially useful for traders who want to avoid fake-outs.

This strategy helps you focus on real market momentum for better trading decisions.

Indicator Specifications

Final Words

The Big Times Forex Indicator for MT4 is an excellent addition to your trading toolkit if you’re looking for a simple yet effective indicator that displays market volume.

Download the indicator today and integrate it into your MT4 strategy for more confident, data-driven trading decisions.