Sadukey is a free mt4 (Metatrader 4) indicator that displays the most profitable buy & sell trend on the currency chart.
The indicator appears in the main MT4 chart as an array of green and red colored dots.
Buy & Sell Trade Example
- A blue colored Sadukey dot is a buy signal.
- A red colored Sadukey dot is a sell signal.
- Reverse the position as soon as an opposite signal occurs on the chart.
The Sadukey indicator can be used for both entry and exit signals or mixed together with your own favorite trading strategy for improved performance.
The indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..) and shows promising results if used correctly.
Free Download
Download the “I-sadukey.mq4” indicator for MT4
Indicator Chart (EUR/USD Daily)
The example chart below displays the Sadukey mt4 indicator in action on the trading chart.
Trading Tips:
Utilize your own favorite trade entry, stop loss and take profit method to trade with the Sadukey 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
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Signal
Repaint? No.
Sadukey + Entry Take Profit Intraday Strategy for MT4
This intraday trading strategy combines the Sadukey Forex Indicator with the Entry Take Profit Forex Winner Indicator for MT4.
The goal is to capture quick market movements during active trading sessions using a clear combination of trend direction and entry confirmation.
The Sadukey indicator displays blue dots for a bullish trend and red dots for a bearish trend.
The Entry Take Profit indicator provides blue arrows for buy signals and red arrows for sell signals.
When used together, they create a simple visual system that helps filter false entries and improves accuracy in fast markets.
This strategy works best on intraday timeframes such as M5, M15, or M30.
It performs well on major forex pairs like EURUSD, GBPUSD, and XAUUSD during the London or New York sessions where volatility is strongest.
Buy Entry Rules
- Wait for the Sadukey indicator to show blue dots, confirming an uptrend.
- Enter a buy trade when a blue upward arrow appears from the Entry Take Profit indicator.
- Place the stop loss 8–15 pips below the recent swing low.
- Set take profit at 1.5 to 2 times the stop loss distance, or close when Sadukey turns red.
- Optional: move stop loss to breakeven after the trade gains 10 pips.
Sell Entry Rules
- Wait for the Sadukey indicator to show red dots, confirming a downtrend.
- Enter a sell trade when a red downward arrow appears from the Entry Take Profit indicator.
- Place the stop loss 8–15 pips above the recent swing high.
- Set take profit at 1.5 to 2 times the stop loss distance, or exit when Sadukey turns blue.
- Optional: close half of the position once 10 pips are secured.
Advantages
- Combines clear visual confirmation of both trend and entry.
- Filters out many false signals during ranging periods.
- Easy to use and suitable for both beginners and experienced traders.
- Effective for short intraday trades with small stop losses.
- Can be applied to several currency pairs and timeframes.
Drawbacks
- Less effective during sideways or flat markets.
- Signals can appear late during strong volatility.
- Requires manual trade management for consistent results.
- Performance depends on market session and pair volatility.
Example Case Study 1: EURUSD M15
During the London session, Sadukey showed blue dots signaling an uptrend.
A blue arrow appeared at 1.1052, confirming a buy setup.
The trade was entered with a stop loss at 1.1045 and a target at 1.1068.
The price moved quickly in favor and hit the target for a gain of about 16 pips within 20 minutes.
Example Case Study 2: GBPUSD M5
In the New York session, Sadukey displayed red dots while a red arrow appeared at 1.2820.
A sell trade was opened at 1.2818 with a stop loss at 1.2830 and a take profit target at 1.2794.
The trade reached the target for 24 pips profit within 40 minutes before the trend switched to blue.
Strategy Tips
- Focus on active sessions such as London and New York for stronger moves.
- Avoid trading during high-impact news announcements.
- Limit trades to one or two currency pairs to understand their patterns.
- Use small, consistent risk per trade (around 1–2% of account size).
- Backtest both indicators on your preferred pairs and timeframes.
- Exit trades promptly when the dot color changes against your direction.
