Profit Sunrise is a free mt4 (Metatrader 4) Forex signals indicator that works great for all kinds of trade styles.
The actual signal appears in the main MT4 chart window as green and red circled arrows.
The Profit Sunrise Forex enables traders to re-enter trades in the direction of the underlying trend (see chart below).
Buy & Sell Trade Example
- Open a buy position as soon as the first green circled arrow appears on the chart.
- Open a sell position as soon as the first red circled arrow appears on the chart.
- Close and reverse the trade whenever an opposite signal arrives on the chart.
The Profit Sunrise indicator can be used for both trade entry and exit or as an additional trend confirmation 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 “profit-sunrise-indicator.mq4” indicator for MT4
Indicator Chart (USD/CAD H1)
The example below shows the Profit Sunrise 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 Profit Sunrise 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.
Download Now
Download the “profit-sunrise-indicator.mq4” indicator for Metatrader 4