The Trend Predictor v1.0 Forex indicator for Metatrader 4 delivers beginner-friendly buy and sell signals based on trading zones and amplitudes.
The signals appear on the price chart as buy and sell arrows.
Finding buying and selling trade opportunities works as follows:
- A blue colored arrow represents a buying opportunity.
- A red colored arrow suggests a selling opportunity.
Key Points
- Precise Buy/sell trading signals
- No additional technical analysis required
- Works for scalping, day trading, and swing trading
- Well worth adding to your indicator collection
This indicator can work together with any existing trading strategy or system as a simple buy/sell entry confirmation tool.
Free Download
Download the “TrendPredictor v1.0.mq4” MT4 indicator
Indicator Example Chart
The EUR/USD 1-hour chart below shows the Trend Predictor v1.0 indicator in action. Notice the blue and red signal arrows.
Basic Trading Signals
Signals from the Trend Predictor v1.0 indicator for Metatrader 4 are easy to interpret and work as follows:
BUY:
- A blue colored arrow generates a buy signal.
- Place a logical stop loss below the previous swing level.
- Exit the buy trade at a fixed take profit target or await the red-colored sell arrow.
SELL:
- A red colored arrow generates a sell signal.
- Place a logical stop loss above the previous swing level.
- Exit the sell trade at a fixed take profit target or await the blue-colored sell arrow.
Download Now
Download the “TrendPredictor v1.0.mq4” MT4 indicator
Scalping Strategy: K-Lab Forex Scalper + Trend Predictor v1.0
This strategy combines the fast-entry precision of the K-Lab Forex Scalper with the powerful trend detection of the Trend Predictor v1.0.
By using the Trend Predictor to filter trades in the dominant trend direction, you can greatly improve the win rate of your scalping setups.
Recommended Market Conditions
- Timeframes: M1 and M5
- Currency Pairs: EUR/USD, GBP/JPY, GBP/USD
- Best Sessions: London and New York
Strategy Indicators
- Main Entry: K-Lab Forex Scalper Indicator
- Trend Filter: Trend Predictor v1.0 Forex Indicator
Buy Trade Rules
- Wait for the Trend Predictor v1.0 to signal an uptrend (price is above the trend line and the background is bullish).
- Once confirmed, wait for a blue buy signal from the K-Lab Forex Scalper Indicator.
- Enter a buy trade immediately after the K-Lab signal if the price remains above the trend line.
- Place Stop Loss 5-10 pips below the nearest swing low.
- Set Take Profit at +10 to +20 pips, or use a trailing stop for better exits.
Sell Trade Rules
- Wait for the Trend Predictor v1.0 to confirm a downtrend (price is below the trend line and the background is bearish).
- Look for a red sell signal from the K-Lab Forex Scalper Indicator.
- Enter the sell trade once both indicators align and price stays below the trend line.
- Place Stop Loss 5-10 pips above the nearest swing high.
- Set Take Profit at +10 to +20 pips, or manage the trade with a trailing stop.
Risk & Trade Management
- Use proper lot sizing and risk only 1-2% per trade.
- Avoid trading in ranging markets or during high-impact news events.
- Focus on quality setups — wait for both indicators to align before entering.
Final Strategy Notes
This scalping strategy is designed for speed and accuracy.
The K-Lab Forex Scalper provides quick signals, while the Trend Predictor v1.0 keeps you trading in the right direction.
Stick to this setup, and you’ll avoid most false signals and improve your trading consistency.
Adjustable Parameters & Settings
Zone period, zone amplitude, zone coefficient, colors, and more.
Feel free to explore the indicator’s different parameters and settings to create your personalized indicator setup.
More Information
Currency Pairs: works on any currency pair
Trading Platform: developed for Metatrader 4 (MT4)
Time Frames: works on any time frame
Indicator Type: trading signals
How to install the Trend Predictor v1.0 indicator in Metatrader 4?
- Copy and paste the TrendPredictor v1.0.mq4 indicator into the MQL4 indicators folder.
- You can access this folder from the top menu as follows:
- File > Open Data Folder > MQL4 > Indicators (paste here)
How to remove the indicator from the chart?
- Right-click on the chart
- Select the indicators list
- Click on the indicator’s name
- Click on the delete button
