The NDuet Buy & Sell Forex indicator for Metatrader 4 uses a crossover trading strategy + digital filter to deliver accurate buy and sell signals in the bottom chart of the trading platform.
You only need to follow the buy and sell arrows that appear on the chart.
Buy & Sell Trade Example
- A blue arrow is a buy signal.
- A red arrow is a sell signal.
The NDuet Buy & Sell indicator can be used for both trade entry and exit, or as an additional confirmation filter for other strategies and systems.
For scalping and day trading, 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 “NDuet.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the NDuet Buy & Sell 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 NDuet Buy & Sell Forex 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.
NDuet + Zero-Lag Moving Average Forex Day Trading Strategy
This day trading strategy combines the NDuet Buy Sell Forex Indicator for MT4 with the Zero-Lag Moving Average Indicator for MT4.
The NDuet indicator gives discrete entry arrows (blue for buy, red for sell).
The Zero-Lag MA identifies the prevailing trend: if the price is above the line, the bias is bullish; if the price is below, bearish.
Use this combination to trade primarily on 5-, 15-, and 30-minute charts during the most active parts of the trading day (e.g., London & New York overlap).
Why This Strategy Works
The Zero-Lag MA smooths the price with reduced lag, giving an earlier indication of trend shifts while filtering noise.
The NDuet arrows provide precise entry triggers.
By only taking NDuet arrows that align with the slope and position of the Zero-Lag MA, you create a trend-filtered system that reduces false signals and captures stronger intraday moves.
Buy Entry Rules
- On your chart (M5, M15, or M30), ensure the price is above the Zero-Lag MA line. The slope of the MA should be upward or flat-but-rising.
- Wait for NDuet to display a blue arrow (buy signal).
- Enter a buy trade at the open of the next candle following the blue arrow.
- Place a stop loss a few pips below the swing low just before the arrow or below the Zero-Lag MA.
- Take profit at a resistance area or when NDuet issues a red arrow, or trail your stop under the Zero-Lag MA as price moves in your favor.
Sell Entry Rules
- Ensure price is below the Zero-Lag MA line; the slope should be downward or flat-but-falling.
- Wait for NDuet to show a red arrow (sell signal).
- Enter a sell trade at the open of the next candle after the red arrow.
- Set the stop loss a few pips above the swing high before the arrow or just above the Zero-Lag MA.
- Take profit at support zones or when NDuet gives a blue arrow, or trail stop above the MA line.
Advantages
- Trend filtering helps you trade in the direction of momentum, reducing countertrend noise.
- Combining the MA position with arrow signals offers clear entry discipline.
- Suitable for intraday timeframes without needing excessive confirmation.
- Flexible exit options: arrow reversal or support/resistance targets, or trailing stop.
- Can be applied to major forex pairs with good intraday price movement.
Drawbacks
- In sideways conditions, the MA may flatten, giving ambiguous bias and many false arrows.
- Reverse or whipsaw arrows can hit you with frequent small losses if the trend reverses sharply.
- Requires quick reaction and discipline to exit when conditions change.
- Spread and slippage can erode profits on short-term trades, especially on volatile pairs or low liquidity periods.
Case Study 1: EURUSD M15
On the EURUSD 15-minute chart during a bullish intraday session, the Zero-Lag MA was sloping upward, and the price stayed above it.
NDuet emitted a blue arrow at 1.1452.
A buy order was entered at 1.1453 with a stop at 1.1438 (just below the recent swing).
Price climbed sharply, and when a red NDuet arrow appeared later at 1.1495, we closed for +42 pips.
The alignment of the trend (price > MA) and the blue arrow gave a clean entry with good risk-to-reward.
Case Study 2: GBPUSD M5
On GBPUSD in a volatile session, the price dipped below the Zero-Lag MA, indicating bearish bias.
NDuet plotted a red arrow at 1.2720.
We entered a sell at 1.2719, placing a stop above 1.2734 (recent swing high).
Price dropped swiftly, and we exited when a blue arrow appeared later at 1.2678, netting +41 pips.
The MA trend confirmation filtered out countertrend blue arrows that appeared earlier.
Strategy Tips
- Prefer trading during peak volume hours (London, New York overlap) for stronger moves.
- Before acting on an arrow, glance at the price’s position relative to the MA — skip arrows that go against the MA bias.
- Use a trailing stop just beyond the MA line to protect profits if the trend flips.
- Adopt a minimum reward ratio of 1:1.5 or better when viable.
- Backtest on various pairs to find which respond best to this combination (majors often are more stable).
