About the NRTR Gator Forex Trend Indicator
The NRTR Gator Forex Trend Indicator is a versatile trend-following tool designed for MetaTrader 4 traders who prefer visual clarity and practical trade management.
It combines classic NRTR logic with colored candlesticks and plotted stop references, making trend conditions easy to identify at a glance.
The indicator appears directly in the main MT4 chart window.
It plots blue and red dots to signal trend direction while simultaneously coloring price candles to reinforce bullish or bearish momentum.
This dual-layer approach helps traders stay focused on the dominant market bias without overloading the chart.
The NRTR Gator indicator is lightweight and runs smoothly on all platforms.
It can be used as a complete standalone trading system or integrated into an existing strategy as a trend filter or confirmation tool.
The indicator works across all currency pairs and timeframes, allowing flexibility for different trading styles.
Free Download
Download the “NRTR_Gator.mq4” indicator for MT4
Key Features
- Trend-following indicator with NRTR logic.
- Blue and red dot signals are plotted on the chart.
- Colored candlesticks to highlight trend strength.
- Suggested stop loss levels are built into the signals.
- Works as both entry and exit guidance.
Indicator Chart
The chart displays the NRTR Gator Forex Trend Indicator applied to the main MT4 window.
Colored candlesticks reflect current market momentum, while blue and red dots trail price action.
Blue dots and bullish candles indicate upward trend conditions, whereas red dots and bearish candles signal downward pressure.
Traders use this combination to follow trends with greater confidence.
Guide to Trade with NRTR Gator Forex Trend Indicator
Buy Rules
- Wait for a blue dot to appear below the price.
- Confirm that candles are colored in bullish tones.
- Ensure price action supports trend continuation.
- Enter a buy trade after the signal is confirmed.
Sell Rules
- Wait for a red dot to appear above the price.
- Confirm that candles reflect bearish momentum.
- Check that price remains below recent dot levels.
- Enter a sell trade once conditions align.
Stop Loss
- Set the stop loss a few pips below the blue dots for buy trades.
- Set the stop loss a few pips above the red dots for sell trades.
- Allow extra room during high-volatility periods.
- Keep risk aligned with account management rules.
Take Profit
- Stay in the trade while the dot color remains unchanged.
- Exit when an opposite color dot appears.
- Use higher timeframe levels as profit targets.
- Secure partial profits during extended trend runs.
NRTR Gator Forex Scalper PRO MT4 Strategy
This scalping strategy for MT4 combines two powerful tools: the NRTR Gator Forex Trend Indicator and the Elite Pro Scalper Indicator.
The NRTR Gator shows trend direction via dots (blue for buy trend, red for sell trend) and provides clear stop‑loss placement a few pips from the dots.
The Elite Pro Scalper provides precise entry arrows—a blue arrow for buy signal, a red arrow for sell signal.
By combining trend confirmation with a precise entry trigger, this system is designed for fast intraday scalps on major currency pairs like EUR/USD, USD/JPY, GBP/USD, and AUD/USD.
Use shorter time frames (for example, M1, M5, or M15) where the market is active.
The key is to trade with the trend (NRTR dots) and only enter when the Elite Pro arrow gives the signal.
This filters out many false entries and aligns your trade with the direction of momentum.
Buy Entry Rules
- Observe the NRTR Gator indicator: when a blue dot appears below the price, it indicates a potential buy trend.
- Wait for the Elite Pro Scalper indicator to print a blue upward arrow.
- Enter a buy trade immediately after the blue arrow appears and the trend condition is confirmed.
- Place a stop loss a few pips below the most recent blue dot from the NRTR Gator.
- Take profit when you achieve a small target (10‑25 pips) or when the NRTR Gator dot changes color (blue to red) or an opposite red arrow appears from Elite Pro.
Sell Entry Rules
- Observe the NRTR Gator indicator: when a red dot appears above the price, it signals a potential sell trend.
- Wait for the Elite Pro Scalper to print a red downward arrow.
- Enter a sell trade right after the red arrow appears and the trend condition is confirmed.
- Place your stop loss a few pips above the most recent red dot from the NRTR Gator.
- Take profit when you capture a small gain (10‑25 pips) or when the NRTR dot flips to blue or a blue arrow appears on Elite Pro.
Advantages
- Clear trend filter (dots) helps ensure you trade in the direction of momentum.
- Precision entry via arrows reduces guesswork in timing.
- Defined stop‑loss placement determined by NRTR dots improves risk control.
- Scalping targets are modest, so you can take multiple trades in a session.
- Suitable for major forex pairs that have tight spreads and high liquidity, making small‑pip trades feasible.
Drawbacks
- In sideways or low‑volatility markets, the dots and arrows may trigger frequent false signals or whipsaws.
- Small pip targets mean spreads and slippage have a greater impact on profitability.
- Requires active monitoring—scalping on short time‑frames demands fast reactions and discipline.
- Many trades can accumulate fatigue and transaction costs unless managed carefully.
Case Study 1 – EUR/USD M5 Chart
On the EUR/USD 5‑minute chart during the London session, the NRTR Gator printed a blue dot at 1.1015, indicating a buy trend.
Shortly after, the Elite Pro Scalper printed a blue arrow at 1.1017.
A buy trade was entered then, with stop loss set at 1.1010 (a few pips below the dot) and a take profit target of about 18 pips at 1.1035.
Within 30 minutes, the price reached the target with no major retracement.
Case Study 2 – USD/JPY M1 Chart
During the New York session, the USD/JPY 1‑minute chart showed a red dot from the NRTR Gator at 149.40, signifying a sell trend.
The Elite Pro then displayed a red arrow at 149.38.
A sell trade was entered with a stop loss at 149.44 and a target about 15 pips lower at 149.23.
In under 20 minutes, the target was reached, capturing the move efficiently by aligning the arrow and trend.
Strategy Tips
- Focus on high‑liquidity pairs like EUR/USD, USD/JPY, GBP/USD, and AUD/USD to ensure smooth price action and tight spreads.
- Trade only when the trend dot appears first, then wait for the entry arrow—avoid entering based solely on the arrow without trend confirmation.
- Keep your trade duration short—this is scalping, not swing trading—exit quickly when the target is reached or signs of reversal appear.
- Manage risk: since targets are small, even one loss can wipe out several wins if risk is not controlled. Use fixed lots or risk a small percentage per trade.
Download Now
Download the “NRTR_Gator.mq4” indicator for Metatrader 4
FAQ
What makes NRTR Gator different from standard NRTR indicators?
The addition of colored candlesticks provides extra visual confirmation of trend strength alongside the dot signals.
Can this indicator be used for trade exits?
Yes, many traders close positions when the dot color changes, using it as a trailing exit method.
Does the indicator work well in sideways markets?
It performs best in trending conditions. During ranging periods, signals may appear more frequently.
Is the indicator suitable for multi-timeframe analysis?
Yes, it can be applied across multiple timeframes to confirm broader trend alignment.
Summary
The NRTR Gator Forex Trend Indicator for MT4 delivers a clean and visually intuitive way to trade market trends.
Combining dot-based signals with colored candlesticks helps Forex traders quickly identify direction and manage trades effectively.
Its flexibility as both a standalone system and a supporting trend filter makes it suitable for traders of all experience levels.
When applied in trending markets with disciplined risk control, the indicator can enhance consistency and confidence in trend-based trading decisions.
