About the Forex Prediction Trend Indicator
The Forex Prediction Trend Indicator for MT4 is a multi-timeframe forecasting tool designed to analyze overall market direction.
It evaluates several market principles at once and transforms them into a clear trend outlook.
Instead of relying on a single signal, the indicator blends different data points to provide a broader market perspective.
The indicator appears in a separate Metatrader 4 chart window as a compact dashboard.
Inside this panel, traders can see trend predictions for multiple timeframes at the same time.
It also displays the balance between market buyers and sellers, making it easier to judge strength and sentiment.
This approach helps traders align entries with the dominant market pressure.
Free Download
Download the “forex-prediction.mq4” indicator for MT4
Key Features
- Forecasts trend direction for M1, M5, M15, M30, H1, H4, and D1
- Separate MT4 dashboard-style indicator window
- Displays the number of active buyers versus sellers
- Buyer and seller trend bars for quick interpretation
- Helps align trades across multiple timeframes
- Useful for trend confirmation and market bias
Indicator Chart
The chart below shows the Forex Prediction Trend Indicator displayed in a separate MT4 window.
The dashboard presents trend forecasts across several timeframes along with buyer and seller dominance.
This layout allows traders to quickly assess whether bullish or bearish pressure is in control.
Guide to Trade with the Forex Prediction Trend Indicator
Buy Rules
- Check that most lower and higher timeframes show a bullish trend
- Confirm buyers are dominating sellers on the dashboard
- Open a buy trade on the main chart after price confirmation
Sell Rules
- Check that most lower and higher timeframes show a bearish trend
- Confirm sellers are dominating buyers on the dashboard
- Open a sell trade on the main chart after price confirmation
Stop Loss
- Place the stop loss 1-3 pips below the recent swing low for buy trades
- Place the stop loss 1-3 pips above the recent swing high for sell trades
- Adjust stop placement based on the trading timeframe
Take Profit
- Target key support or resistance levels in the trend direction
- Use a fixed risk-to-reward ratio such as 1:3
- Exit early if buyer or seller dominance weakens
Practical Tips
- Use lower timeframes mainly for precise trade entries
- Avoid trading when timeframes show mixed signals
- Combine the dashboard with price action on the main chart
- Recheck the buyer and seller balance before entering trades
- Focus on quality trades that align across timeframes
Forex Prediction Trend Indicator + X Points Forex Scalper MT4 Scalping Strategy
This MT4 scalping strategy combines the Forex Prediction Trend Indicator and the X Points Forex Scalper Indicator to capture short-term trading opportunities.
The Forex Prediction Trend Indicator analyzes multiple timeframes from M1 to D1 to determine the overall market trend.
The X Points Forex Scalper provides precise buy and sell signals.
This strategy works best for scalpers and intraday traders on 1-minute to 15-minute charts.
Buy Entry Rules
- Check that the majority of arrows on the Forex Prediction Trend Indicator point upwards, signaling a bullish trend.
- Wait for a blue arrow from the X Points Forex Scalper Indicator, confirming a buy signal.
- Enter a buy trade at the close of the candle with the blue arrow.
- Set a stop loss just below the most recent swing low.
- Set take profit at a 1:1.5 risk-to-reward ratio or at the next resistance level.
Sell Entry Rules
- Check that the majority of arrows on the Forex Prediction Trend Indicator point downwards, signaling a bearish trend.
- Wait for a red arrow from the X Points Forex Scalper Indicator, confirming a sell signal.
- Enter a sell trade at the close of the candle with the red arrow.
- Set a stop loss just above the most recent swing high.
- Set take profit at a 1:1.5 risk-to-reward ratio or at the next support level.
Advantages
- Multi-timeframe analysis improves the accuracy of trend detection.
- Clear buy and sell signals from the X Points Scalper reduce confusion in trade entries.
- Designed for scalping, allowing quick capture of small price movements.
- Predefined stop loss and take profit levels help manage risk.
Drawbacks
- Requires constant monitoring due to the fast-paced nature of scalping.
- Small pip targets mean trades may need frequent execution to accumulate gains.
- Some brokers may restrict scalping strategies, affecting execution speed.
Case Study 1: AUD/USD M5 Chart
The majority of arrows on the Forex Prediction Trend Indicator were pointing upwards.
A blue arrow appeared on the X Points Forex Scalper Indicator, signaling a buy.
The trade was opened at 0.6785 with a stop loss at 0.6778.
Price moved quickly to 0.6802, hitting the take profit target in about 12 minutes.
Case Study 2: USD/JPY M5 Chart
The majority of arrows on the Forex Prediction Trend Indicator were pointing downwards.
A red arrow appeared on the X Points Forex Scalper Indicator, signaling a sell.
The trade was opened at 149.25 with a stop loss at 149.38.
Price dropped to 149.02, reaching the take profit target within 15 minutes.
Strategy Tips
- Use this strategy primarily on M1 to M5 charts for quick scalping opportunities.
- Avoid trading during major news releases to reduce the risk of false signals.
- Use proper risk management and set stop losses and take profits for every trade.
- Practice on a demo account to gain confidence before trading live.
Download Now
Download the “forex-prediction.mq4” indicator for Metatrader 4
FAQ
Is this indicator a standalone trading system?
It is best used as a trend confirmation and forecasting tool.
Price action or an entry indicator should be used alongside it.
Does the indicator repaint its trend signals?
The dashboard updates with live market data.
Previously displayed trend readings remain stable after candle close.
Which traders benefit most from this indicator?
It suits traders who prefer multi-timeframe analysis and directional bias.
Both intraday and swing traders can benefit from its overview.
Can it be used for scalping?
Yes, but only when higher timeframes support the same direction.
This helps avoid scalping against broader market pressure.
Summary
The Forex Prediction Trend Indicator for MT4 provides a clear and structured overview of market direction.
Combining trend forecasts with buyer and seller data helps traders make informed decisions.
The dashboard format saves time and reduces analysis complexity.
For improved results, traders often combine it with a precise entry indicator or price action strategy.
Used with solid risk management, it can become a reliable tool for aligning trades with dominant market forces.
