About the Forex Profit Boost Indicator
The Forex Profit Boost Indicator for MT4 is a trend‑based trading tool that helps traders capture real directional moves.
It plots a colored “rainbow” directly on the main Metatrader 4 chart to highlight trend strength and potential entries.
Designed to be versatile, it works across all currency pairs and timeframes.
The indicator displays trend bars in a range of colors that shift depending on price behavior.
Blue and yellow bars signal potential bullish conditions, while red and yellow bars suggest bearish pressure.
This visual design makes it easy to interpret trend direction and decide when to enter or exit trades.
Free Download
Download the “forexprofitboost.ex4” indicator for MT4
Key Features
- Trend‑based indicator using colored rainbow bars
- Blue/yellow bars indicate bullish signals
- Red/yellow bars indicate bearish signals
- Plotted directly on the main MT4 chart
- Works on any pair and timeframe
- Helps confirm trend entries and exits
Indicator Chart
The chart below shows the Forex Profit Boost Indicator applied to a live MT4 chart.
Blue and yellow bars highlight uptrend opportunities, while red and yellow bars indicate downtrend setups.
Traders can use these trend bars to align trades with broader market movement.
Guide to Trade with the Forex Profit Boost Indicator
Buy Rules
- Wait for blue/yellow trend bars to appear
- Confirm price action shows a bullish structure
- Open a buy trade at the next candle open
Sell Rules
- Wait for red/yellow trend bars to appear
- Confirm price action shows a bearish structure
- Open a sell trade at the next candle open
Stop Loss
- For buy trades, set the stop just below the last swing low or blue/yellow bar bottom.
- For sell trades, set the stop just above the last swing high or red/yellow bar top.
- Widen stops during volatile sessions.
Take Profit
- Target the nearest support for buy trades, resistance for sell trades.
- Consider taking partial profit when trend bars weaken.
- Optionally trail the stop to lock in profits as the trend continues.
- Exit fully if opposite trend bars appear.
Practical Tips
- Use the indicator on trending markets for best reliability
- Confirm trend direction with a simple moving average filter
- Pair with price action patterns for stronger entries
- Test signals on a demo account to understand behavior
Forex Profit Boost + ZWinner Trend MT4 Strategy
This MT4 strategy combines the Forex Profit Boost Indicator with the ZWinner Trend Forex Indicator to create a clear trading framework for trending markets.
It works by merging the fast-entry signals of the Profit Boost with the broader market bias of the ZWinner Trend.
This approach helps traders avoid false entries and filter trades by direction.
It is suitable for short-term traders on the M5 to H1 timeframes and swing traders on H4 or Daily charts.
Beginners can use it for clearer setups, while experienced traders can use it to fine-tune entries and exits.
Buy Entry Rules
- Confirm that the ZWinner Trend Indicator is showing a bullish bias (green trend bars).
- Wait for the Forex Profit Boost Indicator to print blue/yellow bars indicating a potential upward move.
- Enter a buy trade at the close of the signal candle.
- Place a stop loss a few pips below the recent swing low or support level.
- Set an initial take profit at 1.5 to 2 times the stop loss or at the next resistance level.
Sell Entry Rules
- Confirm that the ZWinner Trend Indicator is showing a bearish bias (red trend bars).
- Wait for the Forex Profit Boost Indicator to print red/yellow bars indicating a potential downward move.
- Enter a sell trade at the close of the signal candle.
- Place a stop loss a few pips above the recent swing high or resistance level.
- Set an initial take profit at 1.5 to 2 times the stop loss or at the next support level.
Advantages
- Combines fast entry signals with trend confirmation for higher accuracy.
- Reduces false signals by filtering trades with the trend direction.
- Adaptable to multiple timeframes from scalping to swing trading.
- Easy-to-read color signals for quick decision making.
Drawbacks
- May generate fewer trades in sideways or choppy markets.
- Stop loss levels can be larger on higher timeframes, affecting risk.
- Requires patience to wait for both indicators to align.
Example Case Study 1
On EUR/USD H1, the ZWinner Trend showed a solid green bullish trend.
The Forex Profit Boost printed blue/yellow bars near the 1.0800 level.
A buy trade was taken with a stop loss at 1.0780 and a take profit at 1.0850.
The trade reached the take profit within 12 hours, netting approximately 70 pips.
This confirmed how combining both indicators filters noise and gives clean entries.
Example Case Study 2
On GBP/JPY M15, the ZWinner Trend displayed a red bearish trend.
The Forex Profit Boost gave a red/yellow signal at 182.60.
A sell trade was opened with a stop loss at 182.90 and a take profit at 181.80.
Within three hours, the target was reached, gaining about 80 pips.
The dual confirmation again helped avoid false breakouts in a fast-moving market.
Strategy Tips
- Focus on major currency pairs during active sessions (London and New York) for better momentum.
- Use higher timeframe support and resistance to guide stop loss and take profit levels.
- Avoid trading during major news events when volatility may spike unpredictably.
- Test the settings on a demo account to adjust stop loss and take profit according to your risk tolerance.
Download Now
Download the “forexprofitboost.ex4” indicator for Metatrader 4
FAQ
Does the indicator repaint signals?
No, the colored rainbow bars are based on closed candle data and do not change once printed.
Which timeframes work best?
It works on all timeframes, though M15–H1 often offers a good balance of signal frequency and reliability.
Is it good for scalping?
It can support scalping, but combining it with higher timeframe trend confirmation improves accuracy.
Does it work in sideways markets?
Trend indicators perform best in trending conditions. In sideways markets, signals may be less reliable without additional filters.
Summary
The Forex Profit Boost Indicator for MT4 provides a visually intuitive way to trade real trends using colored rainbow bars.
Blue/yellow bars highlight bull setups, and red/yellow bars highlight bear setups.
For stronger results, many traders pair it with trend filters, support/resistance levels, or momentum tools.
With disciplined risk management, this indicator can become a reliable component of a trend‑based trading strategy.
