About the NTrend Forex Sniper Indicator
The NTrend Forex Sniper Indicator is a precision-based signal tool developed for MetaTrader 4 traders who focus on timing and momentum.
It is designed to spot high-probability entry points and display them directly on the chart in a clean and easy-to-read format.
The indicator appears in the main MT4 chart window and marks trading opportunities using colored symbols.
Blue symbols represent bullish entry conditions, while magenta symbols highlight bearish opportunities.
This visual approach allows traders to react quickly without overanalyzing market data.
It supports all currency pairs and timeframes, making it suitable for scalping, day trading, and short-term trend setups, especially during active market sessions.
Free Download
Download the “NTREND.mq4” indicator for MT4
Key Features
- High-precision buy and sell signal indicator.
- Blue symbols for bullish trade opportunities.
- Magenta symbols for bearish trade opportunities.
- Optimized for scalping and intraday trading.
- Lightweight design with minimal platform impact.
Indicator Chart
The chart shows the NTrend Forex Sniper Indicator displayed in the main MT4 window.
Colored symbols appear near price action to indicate potential trade entries.
Blue symbols highlight buying pressure, while magenta symbols indicate selling pressure.
Traders use these signals to identify short-term opportunities during active market conditions.
Guide to Trade with NTrend Forex Sniper Indicator
Buy Rules
- Wait for a blue colored symbol to appear on the chart.
- Confirm that price action supports upward movement.
- Enter a buy trade once the signal is confirmed.
Sell Rules
- Wait for a magenta colored symbol to appear on the chart.
- Check that recent candles show bearish momentum.
- Enter a sell trade after the signal forms.
Stop Loss
- Set the stop loss beyond the most recent swing point.
- Allow room for short-term price fluctuations.
- Adjust stop distance based on session volatility.
Take Profit
- Target nearby intraday support or resistance zones.
- Aim for quick exits during scalping setups.
- Consider exiting on an opposite signal.
NTrend & Zero-Lag MA Forex Intraday Strategy for MT4
This MT4 intraday strategy combines the NTrend Forex Sniper Indicator and the Zero-Lag Moving Average Indicator to catch short-term intraday moves.
The NTrend indicator provides clear buy/sell signals with blue and magenta symbols, while the Zero-Lag MA confirms trend direction (price above MA = buy trend, price below MA = sell trend).
This strategy is ideal for M5 and M15 charts on major pairs such as EUR/USD, USD/JPY, and GBP/USD.
The method enters trades when both indicators align: the NTrend symbol indicates an entry, and the MA confirms trend direction.
Trades are held for a short intraday move, aiming for quick profits while filtering out weak setups.
Buy Entry Rules
- NTrend shows a blue colored symbol (buy signal).
- Price is above the Zero-Lag MA (confirming buy trend).
- Enter a buy trade immediately after both conditions are met.
- Place a stop loss a few pips below the recent low or NTrend blue symbol.
- Take profit 15–30 pips or exit if price closes below MA or a magenta symbol appears.
Sell Entry Rules
- NTrend shows a magenta colored symbol (sell signal).
- Price is below the Zero-Lag MA (confirming sell trend).
- Enter a sell trade immediately after both conditions are met.
- Place a stop loss a few pips above the recent high or NTrend magenta symbol.
- Take profit 15–30 pips or exit if price closes above MA or a blue symbol appears.
Advantages
- Clear, visual entries plus trend confirmation reduce false trades.
- Works well on M5 and M15 intraday charts for fast profits.
- Major pairs with tight spreads benefit from this strategy.
- Stop-loss levels based on symbols and trend make risk management easier.
- Trend-aligned trades increase the probability of success.
Drawbacks
- Small intraday targets require multiple trades for significant gains.
- Spreads and slippage can affect results due to small pip targets.
- Requires active monitoring; not suitable for set-and-forget.
- Unexpected reversals or news events can trigger losses.
Case Study 1 – EUR/USD M15 Chart
During the London session, the Zero-Lag MA slopes upward.
NTrend shows a blue symbol at 1.1080.
Price is above the MA, confirming buy trend.
A buy trade is opened at 1.1080 with a stop loss at 1.1065 and a target at 1.1105 (25 pips).
The target is reached within 40 minutes, demonstrating a clean intraday scalp.
Case Study 2 – USD/JPY M5 Chart
In the New York session, the Zero-Lag MA turns downward.
NTrend shows a magenta symbol at 149.75.
Price is below the MA, confirming the sell trend.
A sell trade is entered at 149.75 with a stop loss at 149.90 and a target at 149.45 (30 pips).
Price reaches the target in ~30 minutes, showing the effectiveness of trend-aligned entry.
Strategy Tips
- Focus on high-liquidity pairs like EUR/USD, USD/JPY, and GBP/USD for smoother trades.
- Ensure Zero-Lag MA has a clear slope before taking symbol entries.
- Avoid entering trades just before major news releases.
- Keep a trading log to track which pairs and timeframes work best.
- Limit the number of trades per day to avoid overtrading and fatigue.
Download Now
Download the “NTREND.mq4” indicator for Metatrader 4
FAQ
What type of trading is the NTrend Forex Sniper best suited for?
The indicator is ideal for scalping and day trading, where precise timing and fast execution are essential.
Which sessions produce the best results?
The London and New York sessions provide the strongest performance due to higher liquidity and volatility.
Can beginners use this indicator?
Yes, the simple symbol-based signals make it accessible for beginners, while still offering value to experienced traders.
Summary
The NTrend Forex Sniper Indicator for MT4 delivers fast and visually clear trading signals tailored for active market conditions.
Its clean design helps traders focus on execution rather than analysis overload.
With support for all timeframes, strong performance during major trading sessions, and a lightweight footprint, the indicator fits well into scalping and day trading strategies.
When combined with disciplined risk control, it can become a valuable tool for timing-focused traders.
