About the FerruFX Info Indicator
The FerruFX Info Indicator for MT4 is a versatile tool that analyses price action to highlight the prevailing trend, daily pivot levels, and the daily trading range.
It displays this information directly on the MT4 chart, giving traders an immediate overview of market conditions.
Traders can use it to spot bullish or bearish trends, define key support and resistance levels, and identify optimal entry and exit points.
Its real-time analysis works across all timeframes, from M1 to monthly charts, making it suitable for scalping, day trading, or swing trading.
The FerruFX Info Indicator can be used alone or in combination with other trading systems to confirm trade setups and improve the reliability of entries and exits.
Free Download
Download the “ferrufx-info-indicator.ex4” indicator for MT4
Key Features
- Displays the current market trend: UP for bullish, DOWN for bearish
- Shows daily pivot levels to highlight key support and resistance areas
- Indicates the daily trading range for better risk management
- Works on all timeframes from M1 to monthly charts
- Useful for scalping, intraday, and swing trading strategies
- Can confirm signals from other trading systems or indicators
Indicator Chart
The chart below demonstrates the FerruFX Info Indicator applied on MT4.
Traders can immediately see the current trend direction, daily pivot points, and range.
“Trend UP” signals bullish market conditions, while “Trend DOWN” indicates a bearish trend.
This helps traders make faster, more informed decisions in real-time.
Guide to Trade with FerruFX Info Indicator
Buy Rules
- Enter a buy trade when the indicator shows “Trend UP” and the price is above key daily pivot levels
- Confirm upward momentum with candlestick patterns or supporting trend indicators
- Use the daily range to determine reasonable stop loss and take profit levels
Sell Rules
- Enter a sell trade when the indicator shows “Trend DOWN” and the price is below key daily pivot levels
- Confirm downward momentum with supporting trend indicators or price action patterns
- Use the daily range to guide stop loss placement and profit targets
Stop Loss
- Place the stop loss just below the nearest swing low for buy trades or above the swing high for sell trades
- Use slightly wider stops on volatile currency pairs to avoid premature exits
- Consider moving the stop to break-even once the trade moves in your favor by a few pips
- For scalping, use tighter stops based on smaller timeframe swings, while intraday trades may require more room
Take Profit
- Target the next daily pivot, key support/resistance, or edge of the daily range
- Partial profit-taking can secure gains while leaving room for larger trend moves
- Exit trades if the trend signal reverses or shows weakening momentum
- Use trailing stops to follow strong trends and maximize profit potential
Practical Tips
- Check higher timeframes to align trades with the dominant trend
- Best results occur during the London and U.S. trading sessions
- Keep a trading journal to analyze setups and improve entry/exit decisions
FerruFX Info Indicator + Detrended Synthetic Price GO Oscillator Forex Scalping Strategy for MT4
This scalping strategy combines the FerruFX Info Indicator with the Detrended Synthetic Price GO Oscillator.
The FerruFX Info indicator gives a clear reading of the current trend (Trend UP or Trend DOWN).
The Detrended Synthetic Price GO Oscillator filters trades by confirming momentum above or below its zero line with a green or red line.
Together, they offer high-probability intraday entries and exits on M5–M15 charts during the busiest sessions.
Setup
- Apply FerruFX Info to your MT4 chart to show trend direction.
- Add the Detrended Synthetic Price GO Oscillator to the same price chart.
- Use major or cross currency pairs with low spreads (EURUSD, GBPUSD, USDJPY).
- Trade during the London and New York sessions for the best volatility.
Buy Entry Rules
- FerruFX Info indicator must display Trend UP (bullish trend confirmed).
- The Detrended Synthetic Price GO Oscillator must be above the zero line and draw the start of a green line (bullish momentum).
- Enter a buy trade as soon as the conditions align.
- Stop loss: a few pips below the last swing low or nearest support.
- Take profit: at the next resistance level or 10–20 pips on M5/M15 charts, depending on volatility.
- Exit early if FerruFX Info switches to Trend DOWN or the oscillator crosses below zero/red line.
Sell Entry Rules
- FerruFX Info indicator must display Trend DOWN (bearish trend confirmed).
- The Detrended Synthetic Price GO Oscillator must be below the zero line and draw the start of a red line (bearish momentum).
- Enter a sell trade as soon as the conditions align.
- Stop loss: a few pips above the last swing high or nearest resistance.
- Take profit: at the next support level or 10–20 pips on M5/M15 charts, depending on volatility.
- Exit early if FerruFX Info switches to Trend UP or the oscillator crosses above the zero/green line.
Advantages
- Two-indicator confirmation drastically cuts false signals.
- Clear “Trend UP / Trend DOWN” reading simplifies decision-making.
- Works well on multiple pairs and timeframes.
- Good for quick intraday trades with defined risk.
Drawbacks
- Choppy conditions may still cause whipsaws even with confirmation.
- Trend changes on FerruFX Info can lag during reversals.
- Requires discipline to exit when opposite signals appear.
- Short targets mean spreads can impact profits on small timeframes.
Example Case 1 — EURUSD, 5-Minute Buy
FerruFX Info shows Trend UP. The Detrended Synthetic Price GO Oscillator is above zero, drawing a green line.
You enter a buy with a 7-pip stop and a 15-pip target.
Price rallies into the next resistance for a +15 pip gain.
Example Case 2 — GBPUSD, 15-Minute Sell
FerruFX Info shows Trend DOWN. The oscillator is below zero, drawing a red line.
You enter a sell with a 10-pip stop and a 20-pip target.
Price slides to the next support for a +18 pip gain before momentum slows.
Strategy Tips
- Only take trades when both indicators agree for stronger signals.
- Avoid trading during very low liquidity periods or major news spikes.
- Use small, consistent risk per trade to handle multiple scalps in a session.
- Lock in profits by moving the stop to breakeven once the trade moves halfway to the target.
- Backtest this method on your favorite pairs and timeframes to find optimal stop and target distances.
Download Now
Download the “ferrufx-info-indicator.ex4” indicator for Metatrader 4
FAQ
How does the FerruFX Info Indicator identify trends?
It analyses price action relative to daily pivot levels and range, displaying “Trend UP” for bullish conditions and “Trend DOWN” for bearish conditions.
Which timeframes are best?
The indicator works across all MT4 timeframes. Scalpers may focus on M1 to M15, while intraday or swing traders can use H1, H4, or daily charts.
Summary
The FerruFX Info Indicator for MT4 is a powerful tool for monitoring trends, daily pivot levels, and market range.
By clearly showing “Trend UP” and “Trend DOWN” signals, it helps traders identify potential entry and exit points with confidence.
Ideal for scalping, intraday, and swing trading, this indicator can be used alone or as a confirmation tool alongside other strategies.
By following the signals and considering pivot levels and daily range, traders can make more informed decisions and manage risk effectively.
