The JJN Info Trend Bar indicator for Metatrader 4 consists of multiple technical indicators and analyzes the chart in a dashboard format.
The indicator pops up in the main MT4 chart window as a dashboard and provides technical analysis based on MACD, RSI, Stochastic, and trend.
It also displays the current spread, remaining bar time, and market quote.
Buy & Sell Trade Example
- Buy the currency pair when most indicator readings are green (bullish trend).
- Sell the currency pair when most indicator readings are red (bearish trend).
The JJN Info Trend Bar indicator can be used for trade entry or as a directional trend filter for other strategies and systems.
For scalping and day trading purposes, the indicator performs best during the London and New York trading sessions.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “JJN-Infobar.mq4” indicator for MT4
Indicator Chart (EUR/USD H4)
The example chart below displays the JJN Info Trend Bar 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 JJN Info Trend Bar 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: Technical analysis
Does the indicator repaint? No.
JJN Info Trend Bar + Aroon Horn Scalper MT4 Scalping Strategy
This scalping strategy combines the JJN Info Trend Bar Indicator for MT4 and the Aroon Horn Scalper for MT4.
The JJN Info Trend Bar displays colored dots to indicate the market trend: when most dots are green, the trend is bullish; when most are red, the trend is bearish.
The Aroon Horn Scalper provides histogram signals: blue for buy and red for sell.
Using both indicators together allows traders to scalp intraday moves in the direction of the dominant trend while filtering out countertrend entries.
This strategy works best on M1 and M5 charts, making it ideal for scalpers who want quick entries and exits.
Focus on major pairs such as EURUSD, GBPUSD, and USDJPY for better volatility and tighter spreads.
Buy Entry Rules
- Confirm that most of the dots on the JJN Info Trend Bar are green, indicating a bullish trend.
- Check that the Aroon Horn Scalper histogram is blue, signaling a buy.
- Enter a buy trade at the close of the confirming candle.
- Stop Loss: place below the most recent swing low or 5–10 pips below the entry, depending on volatility.
- Take Profit: aim for 8–15 pips or exit when the histogram changes to red.
Sell Entry Rules
- Confirm that most of the dots on the JJN Info Trend Bar are red, indicating a bearish trend.
- Check that the Aroon Horn Scalper histogram is red, signaling a sell.
- Enter a sell trade at the close of the confirming candle.
- Stop Loss: place above the most recent swing high or 5–10 pips above the entry.
- Take Profit: aim for 8–15 pips or exit when the histogram changes to blue.
Advantages
- Combines trend confirmation and precise scalping signals for higher accuracy.
- Visual and easy-to-follow indicators reduce hesitation during quick trades.
- Works on low timeframes, suitable for active intraday scalping sessions.
- It can be applied to multiple currency pairs with small spreads.
Drawbacks
- Signals may be affected by very choppy or sideways markets.
- Requires fast execution and constant monitoring due to short timeframes.
- Stop losses can be hit quickly if volatility spikes unexpectedly.
- Not suitable for swing or long-term trading.
Example Case Study 1 — EURUSD, M1
During the London session, most dots on the JJN Info Trend Bar were green, confirming a bullish trend.
The Aroon Horn histogram turned blue, signaling a buy.
A trade was entered at 1.0860 with a stop loss at 1.0855 and a take profit at 1.0870.
Price moved up quickly, hitting the target within 10 minutes for a +10 pip gain.
Example Case Study 2 — GBPUSD, M5
In the New York session, most JJN Info Trend Bar dots were red, indicating a bearish trend.
The Aroon Horn histogram turned red, confirming a sell signal.
A short trade at 1.2640 with a stop loss at 1.2648 and a take profit at 1.2630 resulted in +10 pips as the price moved downward within 15 minutes.
Strategy Tips
- Trade during active sessions for better momentum and tighter spreads.
- Monitor both indicators closely and only enter when both confirm the trend.
- Keep position sizes small and consistent to manage risk on rapid moves.
- Exit immediately if the Aroon Horn histogram flips against your trade.
- Consider backtesting on different pairs to optimize pip targets and stop loss levels.
By combining the JJN Info Trend Bar with the Aroon Horn Scalper, traders can scalp efficiently with clear trend alignment and timely entry signals, maximizing the probability of quick intraday profits.
