The MBFX Forex Timing indicator for mt4 (Metatrader 4) is a trend-following trading tool that delivers easy-to-follow buy and sell signals.
The indicator pops up in a separate MT4 chart window in the form of a yellow & red colored signal line.
Buy & Sell Trade Example
- Open a buy trade as soon as the indicator starts drawing the green signal line.
- Open a sell trade as soon as the indicator starts drawing the yellow signal line.
The MBFX Forex Timing indicator can be used for trade entries and exits or as an additional trend filter 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 “MBFX Timing.mq4” indicator for MT4
Indicator Chart (EUR/USD M5)
The example chart below displays the MBFX Forex Timing mt4 indicator in action.
After you downloaded and installed the indicator to the trading platform, it should look like the image as shown above.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the MBFX Forex Timing 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.
