The FerruFX Info indicator for Metatrader 4 analyses the price chart and shows the most profitable trend, daily pivots and daily range. Free download.
The indicator works from the M1 up to the monthly chart and appears in the main MT4 chart window.
General Assumptions
- Trend UP indicates a bullish trend.
- Trend DOWN indicates a bearish trend.
The FerruFX Info indicator can be used for both entry and exit signals or to confirm buy & sell trade setups issued by your favorite trading systems or strategies.
For scalping purposes, the indicator tends to generate the best results in the London and U.S. trading sessions.
The indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities, etc.) and shows promising results if used correctly.
Free Download
Download the “ferrufx-info-indicator.ex4” indicator for MT4
Indicator Chart (GBP/USD H1)
The example chart below displays the FerruFX Info mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the FerruFX Info Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Information
Does it repaint? No.
FerruFX Info + Detrended Synthetic Price GO Oscillator MT4 Scalping Strategy
Introduction
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
