The non-Lagging Forex Signals indicator for MT4 (Metatrader 4) provides high-probability directional trend trading signals for any currency pair and time frame.
The indicator pops up in the main MT4 chart as an easy-to-follow blue and orange colored signal line.
The indicator fits everyone, even absolute beginners!
Buy & Sell Trade Example
- The start of the blue line is a buy signal.
- The start of the orange line is a sell signal.
- Reverse the open position whenever there’s an opposite trading signal available.
For scalping purposes, the indicator tends to produce the best results during the London and U.S. trading sessions.
The Non-Lag Forex Signals indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..) and shows promising results if used correctly.
Free Download
Download the “nonlagdot with arrows.mq4” indicator for MT4
Indicator Chart (EUR/USD M15)
The example chart below displays the non-lagging Forex Signals mt4 indicator in action.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy to trade with the custom built non-lagging Forex Signals 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: Trend
Does it repaint? No.
Non-Lagging EW Trend Forex Scalping Strategy for MT4
This MT4 scalping strategy combines the Non Lagging Forex Signals Indicator and the EW Trend Indicator for Scalping to catch short, precise intraday moves.
The first indicator defines the overall trend using its blue and orange lines, while the second one provides fast momentum-based entries whenever it crosses above or below the 0.00 level.
Together, they create a balanced approach that suits traders looking for quick 10–20 pip profits on low time frames such as M1 and M5.
This method is ideal for traders who prefer active scalping sessions during the London and New York hours.
The Non-Lagging indicator keeps you aligned with the trend, while the EW Trend indicator ensures you enter only when momentum returns strongly in that direction.
By filtering out weak setups, this approach helps you focus on high-probability scalps in fast-moving markets.
Buy Entry Rules
- The Non-Lagging Forex Signals Indicator turns blue, showing a bullish trend.
- The EW Trend Indicator crosses above the 0.00 level (momentum shifts upward).
- Enter a buy position as soon as both conditions occur on the same or the following candle.
- Place a stop loss 5–15 pips below the recent swing low.
- Set a take profit target between 10–20 pips, or exit when the EW Trend crosses back below 0.00 or the Non Lagging line turns orange.
Sell Entry Rules
- The Non-Lagging Forex Signals Indicator turns orange, signaling a bearish trend.
- The EW Trend Indicator crosses below the 0.00 level (momentum turns negative).
- Enter a sell position when both conditions align.
- Set a stop loss 5–15 pips above the last swing high.
- Take profit between 10–20 pips, or close when the EW Trend crosses back above 0.00 or the Non Lagging line turns blue.
Advantages
- Combines trend and momentum confirmation for more accurate scalping entries.
- Generates multiple trading opportunities in a single session.
- Simple rules that work well for both new and experienced traders.
- Non-repainting indicators provide stable signals in real-time trading.
- Works best on highly liquid pairs with tight spreads like EUR/USD, GBP/USD, and USD/JPY.
Drawbacks
- False signals can occur when markets are ranging or when volatility is very low.
- Small profit targets make the strategy sensitive to spreads and execution speed.
- Needs continuous monitoring, which may not suit all traders.
- Performance may vary between brokers depending on the chart feed and execution quality.
Case Study 1 – GBP/USD M1 Chart
On the GBP/USD 1-minute chart during the London session, the Non Lagging indicator switched to blue at 1.2730.
Soon after, the EW Trend jumped above 0.00, confirming a buy signal.
A trade was opened at 1.2735 with a 10-pip stop and a 20-pip target.
Within 15 minutes, the price hit 1.2755, securing a clean scalp.
The dual confirmation filtered out weak entries and allowed a smooth 20-pip gain.
Case Study 2 – USD/JPY M5 Chart
In the New York session, the Non-Lagging indicator turned orange at 149.40, signaling a bearish bias.
The EW Trend soon crossed below 0.00, validating the setup.
A sell trade was opened at 149.35 with a stop loss at 149.50 and a target at 149.15.
The market declined steadily, hitting the profit target within 40 minutes, delivering a 20-pip win without major retracements.
Strategy Tips
- Focus on major currency pairs with high liquidity for smoother price movement.
- Avoid trading during low-volatility hours or before major economic news.
- Always confirm that both indicators agree before taking a position.
- Use fixed lot sizes and risk no more than 2% of your account per trade.
- Keep trades short; this is a scalping setup, not a swing strategy.
- For better precision, trade during the first half of the London or New York sessions.
Download Now
Download the “nonlagdot with arrows.mq4” indicator for Metatrader 4
