The Forex Strategy indicator for Metatrader 4 is a complete buy and sell trading strategy that works out of the box.
For ease of use, the complete trading strategy was transformed into buy and sell signal arrows.
The indicator pops up in the main MT4 chart window as buy and sell arrows and also includes a mini dashboard that contains the actual trade info.
Buy & Sell Trade Example
- Open a buy trade if the blue colored signal arrow get displayed on the chart.
- Open a sell trade if the red colored signal arrow gets displayed on the chart.
The Forex Strategy indicator can be used for both trade entry and exit, or as an additional confirmation filter for other strategies and systems.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “forex-strategy-indicator.mq4” indicator for MT4
Indicator Chart (EUR/USD Daily)
The example chart below displays the Forex Strategy 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 Forex Strategy 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: Strategy
Does the indicator repaint? No.
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Download the “forex-strategy-indicator.mq4” indicator for Metatrader 4
