The Low Pass Bands Sync Filter Forex Signal indicator for mt4 (Metatrader 4) provides sniper-accurate buy and sell signals with the help of a channel.
The indicator gets displayed in the main MT4 chart window in the form of a channel along with buy and sell signal arrows.
It’s a good tool for scalping the Forex market multiple times a day for 6-20 pips profit per trade.
Buy & Sell Trade Example
- A magenta dot is a buy signal.
- An aqua dot is a sell signal.
- Exit the trade at the opposite channel band.
The Low Pass Bands Sync Filter Forex Signal indicator can be used for both trade entry and exit.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “low-pass-bands-sync-filters-mtf.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the Low Pass Bands Sync Filter Forex Signal 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 Low Pass Bands Sync Filter Forex Signal 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: Signals
Does the indicator repaint? No.
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Download the “low-pass-bands-sync-filters-mtf.mq4” indicator for Metatrader 4