About the Change Time Frame indicator
The Change Time Frame Forex Indicator for MT4 lets traders display higher (or lower) timeframe information directly on a chart without switching timeframes.
It uses your keyboard’s U and D keys to change the current time frame.
Key features
- Choose any timeframe to project (M1, M5, M15, M30, H1, H4, D1, W1, MN).
- Low CPU usage — suitable for running on multiple charts simultaneously.
Free Download
Download the “change-time-trame-indicator.mq4” indicator for MT4
Indicator Example Chart (EUR/USD M30)
The example chart below displays the Change Time Frame MT4 indicator in action on the trading chart.
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Download the “change-time-trame-indicator.mq4” indicator for Metatrader 4
Multi-Timeframe Trend Scalping MT4 Strategy: Combining Change Time Frame & ZWinner Trend Indicators
This strategy leverages the Change Time Frame indicator alongside the ZWinner Trend indicator to enhance trading decisions by aligning short-term price movements with broader market trends.
The Change Time Frame indicator allows for quick switching between time frames using keyboard shortcuts, facilitating dynamic analysis.
The ZWinner Trend indicator provides clear buy and sell signals based on market breakouts and turning points, offering precise entry and exit points.
What is this Strategy About?
This strategy aims to synchronize short-term scalping opportunities with the prevailing market trend by utilizing the Change Time Frame indicator for rapid timeframe adjustments and the ZWinner Trend indicator for trend confirmation.
By aligning trades with the dominant trend, traders can increase the probability of successful trades and optimize their trading decisions.
Buy and Sell Rules
Buy Setup
- Use the Change Time Frame indicator to switch to a higher timeframe (e.g., H1 or H4) to assess the overall market trend.
- Ensure that the ZWinner Trend indicator displays a green signal block, indicating an uptrend.
- Switch to a lower timeframe (e.g., M5 or M15) using the Change Time Frame indicator to identify potential entry points.
- Enter a buy trade when the ZWinner Trend indicator shows a lime-colored signal block, confirming a bullish breakout.
- Set the stop loss below the recent swing low or a significant support level.
- Take profit can be set at a fixed pip target or based on a risk-reward ratio.
Sell Setup
- Use the Change Time Frame indicator to switch to a higher timeframe to assess the overall market trend.
- Ensure that the ZWinner Trend indicator displays a red signal block, indicating a downtrend.
- Switch to a lower timeframe to identify potential entry points.
- Enter a sell trade when the ZWinner Trend indicator shows a red signal block, confirming a bearish breakout.
- Set the stop loss above the recent swing high or a significant resistance level.
- Take profit can be set at a fixed pip target or based on a risk-reward ratio.
Trader Case Studies
Below are examples of traders who applied this strategy to different currency pairs and timeframes, demonstrating its effectiveness in various market conditions.
Marek L – Poland
Marek L, a swing trader from Poland, used this strategy for 28 days, focusing on the EUR/USD and USD/CAD pairs. By carefully combining timeframe analysis and trend signals, Marek achieved a solid total of +295 pips. He highlighted how switching between timeframes helped him pinpoint better entry points and avoid common pitfalls.
Sophia N – Nigeria
Sophia N, a part-time trader from Nigeria, implemented this strategy on the GBP/USD and EUR/JPY pairs over 45 days. Her disciplined approach and strong risk controls led to a net gain of +380 pips. Sophia emphasized that the ZWinner Trend indicator’s clear signals boosted her confidence to hold trades longer and maximize profits.
Michael R – Canada
Michael R, a scalper from Canada, tested the strategy intensively for three weeks on USD/JPY and EUR/USD. Despite the short timeframe, he recorded an impressive +230 pips. Michael appreciated how the quick timeframe changes allowed him to stay agile and adapt quickly to market moves.
Disclaimer: These case studies are for educational purposes only. Trading results will vary depending on market conditions, risk management, and individual discipline.
Advantages of This Strategy
- Aligns short-term trades with the prevailing market trend, increasing the probability of successful trades.
- Utilizes the Change Time Frame indicator for rapid timeframe adjustments, facilitating dynamic analysis.
- Provides clear buy and sell signals through the ZWinner Trend indicator, enhancing decision-making.
- Suitable for various trading styles, including scalping, day trading, and swing trading.
Drawbacks and Considerations
- Requires discipline to wait for confirmation from both indicators before entering trades.
- Stop loss and money management are crucial to limit losses.
- May underperform in sideways or range-bound markets.
- Frequent timeframe switching may lead to analysis paralysis for some traders.
Strategy Conclusion and Tips
This combined strategy offers a balanced approach to scalping by integrating the quick-reacting Change Time Frame indicator with the trend-confirming ZWinner Trend indicator.
For optimal results, always use proper risk management and adapt your take profit and stop loss levels based on market volatility.
Traders should test the strategy on demo accounts first to build confidence before trading live.
Avoid trading during major news events unless you have specific news trading experience.
Indicator specifications
| Specification | Details |
|---|---|
| Platform | MetaTrader 4 (MT4) |
| Compatibility | All broker platforms running MT4 |
| Timeframes supported | M1 — MN (configurable) |
| Inputs |
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| CPU Usage | Low; optimized for multiple charts |
| License | Free for personal use — free download |
