About the Laser Forex Reversal Indicator
The Laser Forex Reversal Indicator for MT4 delivers highly accurate trend reversal signals for any currency pair.
It appears on the main chart as red and blue arrows, along with a rectangle highlighting the actual reversal pattern.
Blue arrows indicate buy signals, and red arrows indicate sell signals.
The indicator is designed for precise entries, helping traders capture reversals early and improve risk-reward efficiency.
It is suitable for intraday trading on M15–H1 charts and can also be used for fast M1–M5 scalping.
Traders can follow the arrows and rectangles to quickly identify trend changes without complicated setups.
Free Download
Download the “laser-forex-reversal-indicator.ex4” indicator for MT4
Key Features
- Red and blue trend reversal arrows for quick entries
- The rectangle highlights the actual reversal pattern
- Works on any currency pair
- Suitable for intraday trading and M1–M5 scalping
- Provides early, laser-accurate reversal signals
- Helps spot trend changes efficiently
Indicator Chart
The chart shows the Laser Forex Reversal Indicator on MT4.
Blue arrows signal buy opportunities, and red arrows signal sell opportunities.
Rectangles highlight reversal patterns, giving traders confidence in early entries for both scalping and intraday trades.
Guide to Trade with the Laser Forex Reversal Indicator
Buy Rules
- Enter a buy when a blue arrow appears
- Reverse or exit if a red arrow appears in the opposite direction
Sell Rules
- Enter a sell when a red arrow appears
- Reverse or exit if a blue arrow appears in the opposite direction
Stop Loss
- For buys, place stops below the nearest swing low or rectangle bottom
- For sells, place stops above the nearest swing high or rectangle top
- Use tighter stops on M1–M5 charts for scalping
- Adjust based on market volatility and candle size
Take Profit
- Target the next support for sells and resistance for buys
- For scalping, aim for 5–15 pips on M1–M5 charts
- Partial exits at intermediate levels improve risk management
- Exit fully if an arrow appears in the opposite direction
Practical Tips
- Use M1–M5 charts for fast scalping and M15–H1 for intraday trades
- Combine with trend indicators or oscillators to filter false signals
- Focus on arrows confirmed by rectangles for higher probability trades
MT4 Day Trading Strategy Using Laser Forex Reversal and Smoothed HMA Indicators
This MT4 day trading strategy combines the Laser Forex Reversal Indicator MT4 with the Smoothed Hull Moving Average HMA Metatrader 4 Forex Indicator to capture trend reversal opportunities with confirmation of the overall trend.
The Laser Forex Reversal indicator shows blue arrows for buy reversals and red arrows for sell reversals.
The Smoothed HMA indicator confirms the market trend with green bars for bullish trends and orange bars for bearish trends.
This strategy works best on M15, M30, and H1 charts for day trading, allowing traders to catch high-probability reversals aligned with the trend.
Buy Entry Rules
- Confirm that the Smoothed HMA bars are green, indicating a bullish trend.
- Wait for a blue arrow from the Laser Forex Reversal indicator signaling a potential buy reversal.
- Enter a buy trade at the close of the confirming candle.
- Place the stop loss a few pips below the most recent swing low.
- Close the trade when an orange HMA bar appears or a red reversal arrow appears, signaling a potential trend change.
Sell Entry Rules
- Confirm that the Smoothed HMA bars are orange, indicating a bearish trend.
- Wait for a red arrow from the Laser Forex Reversal indicator signaling a potential sell reversal.
- Enter a sell trade at the close of the confirming candle.
- Place the stop loss a few pips above the most recent swing high.
- Close the trade when a green HMA bar appears or a blue reversal arrow appears, signaling a potential trend change.
Advantages
- Combines trend confirmation with precise reversal entry signals.
- Helps traders catch high-probability intraday reversals aligned with the trend.
- Clear exit signals based on HMA bar changes or reversal arrows.
- Works well on multiple currency pairs and intraday timeframes.
Drawbacks
- Requires attention to both indicators for proper entry and exit timing.
- Stop loss placement is important to avoid being stopped out during minor retracements.
- Reversal signals may lag slightly in fast-moving markets.
Case Study 1 – EUR/USD
On the EUR/USD M30 chart, the Smoothed HMA bars were green, indicating a bullish trend.
A blue arrow appeared on the Laser Forex Reversal indicator, signaling a buy reversal.
A trade was entered at 1.1065 with a stop loss at 1.1050.
The trade closed when an orange HMA bar appeared at 1.1090, resulting in 25 pips profit.
Case Study 2 – GBP/JPY
On the GBP/JPY H1 chart, the Smoothed HMA bars were orange, confirming a bearish trend.
A red arrow appeared on the Laser Forex Reversal indicator, prompting a sell entry at 178.90 with a stop loss at 179.20.
The trade closed when a green HMA bar appeared at 178.40, netting 50 pips.
Strategy Tips
- Focus on active trading sessions such as London and New York for stronger reversals.
- Use currency pairs with good intraday volatility for more reliable setups.
- Always wait for both the Laser Forex Reversal arrow and HMA trend confirmation before entering a trade.
- Exit trades promptly when HMA bars change color or reversal arrows appear to protect profits.
- Consider adjusting stop loss according to recent swing highs/lows to manage risk effectively.
Download Now
Download the “laser-forex-reversal-indicator.ex4” indicator for Metatrader 4
FAQ
Can I use this indicator for M1–M5 scalping?
Yes. On M1–M5 charts, blue and red arrows provide quick entry signals for fast reversals.
Does the indicator repaint?
No. Arrows and rectangles remain fixed once they appear on the chart.
How do I confirm the trade direction?
Combine the arrows with moving averages, trendlines, or higher timeframe analysis for confirmation.
When is the best time to trade with this indicator?
The London and New York sessions offer the most reliable reversals due to higher volatility and liquidity.
Summary
The Laser Forex Reversal Indicator for MT4 provides red and blue arrows and rectangles to identify trend reversals with precision.
Traders can use it for both scalping and intraday trades.
Blue arrows signal buys, red arrows signal sells, and rectangles highlight the reversal pattern.
Stop loss and take profit can be set based on swing points or rectangle boundaries for improved risk management.
Combining this indicator with trend or momentum filters increases accuracy and helps traders capture high-probability reversals efficiently.
It is beginner-friendly and highly effective for fast and intraday trading setups.
