The Cynthias Trend Bars Metatrader 4 forex indicator is quite a popular trend candlestick buy/sell signals generator.
The signals generated from this indicator are very easy to read, even for absolute beginners.
A green colored Cynthias candlestick is said to be bullish while a purple colored candlestick is bearish.
Use this candlestick signals indicator together with a trend following system or strategy.
For instance, combine with Bollinger Bands, a simple moving average crossover system or an exponential moving average.
In an uptrending market, only trade the green colored Cynthias trend bars.
In an downtrending market, only trade the purple colored Cynthias trend bars.
This will increase your successful currency transactions.
Cynthias Trend Bars can be implemented in scalping, day trading and swing trading forex strategies and systems.
Free Download
Download the “cynthias-trend-bars.ex4” MT4 indicator
Indicator Chart (EUR/USD M5)
The EUR/USD 5-Minute chart below displays the Cynthias Trend Bars Forex Metatrader 4 indicator in action.
Basic Trading Signals
Signals from the Cynthias Trend Bars MT4 forex indicator are easy to interpret and go as follows:
Buy Signal: Open long trade position when the Cynthias Trend Bars are green colored and the overall trend is up.
Sell Signal: Open short trade position when the Cynthias Trend Bars are purple colored and the overall trend is down.
Trade Exit: Close the open buy/sell forex position when an opposite signal occurs, or use your own method of trade exit.
Cynthia Trend Bars With Best Forex Scalping Indicator MT4 Strategy
This MT4 scalping strategy focuses on quick and precise trades using short-term charts, specifically M1 and M5.
It relies on two indicators that work together to identify both trend direction and optimal entry points.
The Cynthia’s Trend Bars indicator shows whether the market is in a bullish or bearish phase through its green and purple bars, giving a clear view of the short-term trend.
The Best Forex Scalping indicator provides exact entry signals with blue and red arrows, allowing traders to enter trades when momentum aligns with the trend.
This combination reduces hesitation and helps scalpers capture small, consistent moves efficiently.
The strategy is ideal for traders who want a straightforward, visual method for fast-paced markets.
It works best during high activity sessions when currency pairs have strong, predictable movements.
By following the trend with Cynthia’s Trend Bars and confirming with the scalping arrows, traders can quickly identify setups with a higher probability of success.
This method is particularly suited for major pairs that exhibit smooth intraday trends and frequent opportunities for small gains.
Buy Entry Rules
- Cynthia’s Trend Bars must show green bars.
- A blue arrow from the Best Forex Scalping indicator must appear.
- Enter a buy trade at the close of the signal candle.
- Place the stop loss below the nearest minor swing or 5 to 8 pips below the entry depending on volatility.
- Set a take profit target between 6 and 15 pips on M1 and between 10 and 20 pips on M5.
Sell Entry Rules
- Cynthia’s Trend Bars must show purple bars.
- A red arrow from the Best Forex Scalping indicator must appear.
- Enter a sell trade at the close of the signal candle.
- Place the stop loss above the nearest minor swing or 5 to 8 pips above the entry depending on volatility.
- Set a take profit target between 6 and 15 pips on M1 and between 10 and 20 pips on M5.
Advantages
- Clear trend direction from the trend bars makes entries easier to manage.
- Entry arrows help eliminate guesswork and reduce hesitation.
- Suitable for traders who want fast setups and frequent opportunities.
- Works well on major pairs that move smoothly on lower time frames.
- A simple rule set that is easy to follow and repeat.
Drawbacks
- Scalping requires strong focus and quick execution.
- Choppy market conditions can weaken signal quality.
- Spreads can affect profitability on exotic or low volume pairs.
Case Study 1: EURUSD M1 Buy Setup
On EURUSD M1, Cynthia’s Trend Bars turned fully green during the London session.
Price pulled back slightly, and a blue arrow appeared from the Best Forex Scalping indicator.
A buy entry was executed with a 6 pip stop loss.
The market pushed upward steadily, reaching a take profit target of 12 pips within a few minutes.
The combination of trend confirmation and precise entry timing produced a clean scalp.
Case Study 2: GBPUSD M5 Sell Setup
On GBPUSD M5, the trend bars turned purple after a sharp move down.
A red arrow appeared shortly after as price attempted to retest the previous swing.
A sell trade was opened with a stop loss of 8 pips.
The market dropped again with strong momentum and reached the 18 pip target before the next session change.
The system captured a smooth continuation move with minimal drawdown.
Strategy Tips
- Focus on currency pairs with tight spreads and good liquidity, such as EURUSD, GBPUSD, and USDJPY, to maximize profits on small targets.
- Trade only when the trend bars clearly show green or purple to avoid false signals in sideways markets.
- Use the arrow signals only in the direction of the current trend to increase the probability of a successful scalp.
- Consider waiting for a small retracement before entering to reduce the risk of entering at the extreme of a move.
- Limit the number of trades during low volatility periods, as signals can become less reliable.
- Keep a consistent risk per trade, as multiple small losses can add up if the market is choppy.
- Track your performance by noting which pairs and time frames generate the most consistent results.
- Close trades early if the trend bars change color before reaching the target, to protect gains and minimize losses.
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Download the “cynthias-trend-bars.ex4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: Candlestick
