About the Indicator
The free Camarilla dt7 V1 indicator for MT4 is a complete Forex trading strategy that provides accurate buy and sell signals with targets (take profit).
Camarilla dt7 V1 provides the actual buy & sell signals in the form of horizontal lines, green for buy signals and red for sell signals.
Please note that the indicator also provides suggested take-profit prices (TARGET).
Key Features
- Plots real-time Camarilla pivot levels (L1–L5 and H1–H5)
- Highlights breakout/bounce zones with color-coded entry lines
- Automatically updates at the start of each trading day
- Supports all major timeframes and forex pairs
- Minimal settings—plug and play
Free Download
Download the “camarilladt7v1.mq4” indicator for MT4
Benefits of Using the Indicator
- Clear visual trading zones without clutter
- Helps define precise entry, stop loss, and take profit levels
- Reduces reliance on guesswork or subjective chart analysis
- Works well in volatile markets (news, session opens, etc.)
- Perfect for manual traders needing structure and objectivity
Indicator Example Chart (EUR/USD H1)
The example chart below displays the Camarilla dt7 V1 mt4 indicator in action on the trading chart.
How To Trade Using This Indicator
Buy Entry
- Wait for the price to drop near the L3 or L4 Camarilla level
- Look for a bullish candlestick pattern or rejection wick
- Enter long when the price bounces from the L3/L4 zone
Sell Entry
- Wait for the price to rise near the H3 or H4 Camarilla level
- Look for bearish candlestick confirmation (e.g., pin bar, engulfing)
- Enter short when the price shows resistance at H3/H4
Stop Loss
- Place SL just beyond the next Camarilla level (L4/L5 or H4/H5)
Take Profit
- Use the midline or the next Camarilla level as your TP target
- Alternatively, apply 1:2 or 1:3 risk-to-reward ratio
Pros
- Clear daily structure for intraday and short-term traders
- No lagging or repainting
- Perfect for breakout and mean-reversion strategies
Cons
- Not suitable for fully automated trading
- Does not generate arrows or audio alerts
- Works best when combined with a confirmation indicator
Download Now
Download the “camarilladt7v1.mq4” indicator for Metatrader 4
Metatrader 4 Strategy: Camarilla DT7 V1 + Xmaster Formula
This strategy combines Camarilla DT7 V1 for structural levels with the Xmaster Formula as a confirmation tool.
The Camarilla lines tell you where to expect a reaction. The Xmaster Formula provides the directional confirmation to time your entry precisely.
What is this strategy about?
We use Camarilla’s L3/H3 levels to identify potential bounce or reversal zones.
Then, we wait for the Xmaster Formula to confirm the trade direction using its colored arrows or trend dots.
This combination improves timing and filters out false entries, especially during market chop.
Buy Rules
- Price reaches L3 or L4 (support zone)
- Xmaster Formula prints a green arrow or lime dotted line
- Enter long at the close of the confirmation candle
- Stop Loss: Below L4 or swing low
- Take Profit: Midline or H3 level
Sell Rules
- Price reaches H3 or H4 (resistance zone)
- Xmaster Formula prints a red arrow or red dotted line
- Enter short at the close of the confirmation candle
- Stop Loss: Above H4 or swing high
- Take Profit: Midline or L3 level
Case Study 1: USD/JPY – H1 Chart Analysis
- Total Signals: 28 trades
- Winning Trades: 18 (64.3%)
- Average Win: +52 pips
- Average Loss: −22 pips
- Net Result: (18×52) − (10×22) = +716 pips
Case Study 2: EUR/USD – M15 Chart Analysis
- Total Signals: 60 trades
- Winning Trades: 42 (70%)
- Average Win: +32 pips
- Average Loss: −15 pips
- Net Result: (42×32) − (18×15) = +1074 pips
Advantages
- High accuracy when both indicators align
- Suitable for intraday and swing trading
- Repeatable setups every trading day
Drawbacks
- Less effective during flat/ranging markets
- May miss fast-moving breakouts without retest
Strategy Conclusion and Tips
By combining structural levels from the Camarilla DT7 V1 with momentum confirmation from the Xmaster Formula, this hybrid approach gives you both location and timing.
Trade during active sessions, avoid overlapping signals, and always follow proper risk management to ensure consistent performance.
Indicator Specifications
| Indicator | Camarilla DT7 V1 |
|---|---|
| Platform | MetaTrader 4 |
| Timeframes | All (M1–D1) |
| Inputs | Line Colors, Line Width |
FAQ Section
Is Camarilla DT7 V1 beginner-friendly?
Yes. It’s simple to use and does not require complex analysis.
Can I use it for scalping?
Yes. It works well on M5 and M15 charts for scalpers.
Does the indicator repaint?
No, it updates only at the start of each trading day and remains static.
Final Words
The Camarilla DT7 V1 Indicator is a must-have tool for any price-action or pivot-based trader.
Its simplicity, reliability, and precision make it ideal for both new and experienced traders.
Download it free today and combine it with the Xmaster Formula to take your strategy to the next level.
