As the name suggests, the high probability Forex oscillator finds and displays accurate buy and sell trends on the MT4 chart.
The indicator pops up in a separate MT4 trading window as an colored oscillator without extreme borders.
Understanding the indicator basics:
- A green colored oscillator represents a buy trend.
- A red colored oscillator represents a sell trend.
For scalpers and day traders: the best results with this oscillator were achieved during the London and U.S. trading session.
Free Download
Download the “ary-aind-indicator.mq4” indicator for MT4
Indicator Example Chart (GBP/USD H4)
How to trade with it (example)?
Initiate a buy trade order whenever the colored histogram bars flip color from red to green.
Initiate a sell trade order whenever the colored histogram bars flip color from green to red.
Exit the trade when an opposite trading signal appears on the chart, or close for a fixed profit target of your preference.
Feel free to use your own favorite trading method or system to open and close trades with the High Probability Forex oscillator indicator.
Indicator Specifications
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Period, color settings & style
Indicator type: oscillator
Repaint? Does not repaint the colored histogram bars.
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Download the “ary-aind-indicator.mq4” indicator for Metatrader 4
Installation:
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the ary-aind-indicator.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.