As the name suggests, the Laser Forex Reversal indicator for the MT4 platform provides laser-accurate trend reversal signals for any currency pair.
The indicator appears in the main MT4 chart window as red & blue trend reversal arrows + a rectangle that displays the actual trend reversal pattern.
Just follow the signals as displayed by the indicator!
Buy & Sell Trade Example
- A blue signal arrow is a buy signal.
- A red signal arrow is a sell signal.
The KP Arrows Signal Forex indicator can be used for both trade entry and exit or as a counter-trend confirmation indicator 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 “laser-forex-reversal-indicator.ex4” indicator for MT4
Indicator Chart (EUR/USD M5)
The example chart below displays the Laser Forex Reversal mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Laser Forex Reversal 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: Counter trend
Does the indicator repaint? No.
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Download the “laser-forex-reversal-indicator.ex4” indicator for Metatrader 4