Precise Forex Signal for Metatrader 4 can be classified as a directional trend signal indicator that works out of the box.
The indicator is very reliable, lightweight, and will not slow down your trading platform.
The buy & sell signals appear in the main MT4 chart window as green and pink colored signal dots.
The indicator suits both beginners and seasoned traders.
Buy & Sell Trade Example
- Open a buy position when the green colored dot appears on the trading chart.
- Open a sell position when the pink colored dot appears on the trading chart.
- Close and reverse the open position when an opposite trading signal appears on the chart.
The Precise Forex Signal indicator can be used for both trade entry and exit, or can act as a trend filter.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “perfect-trend-line-indicator.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the Precise Forex Signal mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Precise Forex Signal 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: Signal
Does the indicator repaint? No.
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Download the “perfect-trend-line-indicator.mq4” indicator for Metatrader 4