About the Trend Predictor v1.0 Forex Indicator
The Trend Predictor v1.0 for MetaTrader 4 is a beginner-friendly tool designed to help traders identify potential market trends.
It provides clear buy and sell signals on the price chart, displayed as blue and red arrows.
The signals are based on trading zones and amplitudes, making it accessible for traders of all experience levels.
The indicator works on any currency pair and timeframe, offering flexibility for a variety of trading strategies.
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
Advantages
- Clear Signal Representation: Blue arrows indicate buy signals and red arrows indicate sell signals, making trade opportunities easy to spot.
- Versatility Across Timeframes and Pairs: Compatible with any timeframe and currency pair, allowing flexible trading strategies.
- User-Friendly Interface: Intuitive design ensures both beginners and experienced traders can use it effectively without a steep learning curve.
- Free Access: Available for free download, making it a cost-effective tool for all traders.
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 Signal
- 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 Signal
- 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
MT4 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
Final Word
The Trend Predictor v1.0 is a reliable and efficient tool for enhancing trading strategies.
Its clear signal representation, versatility across timeframes and currency pairs, and user-friendly design make it a valuable addition to any trader’s toolkit.
Whether you’re a beginner learning market movements or an experienced trader refining your strategies, this indicator provides the clarity and precision needed to make informed trading decisions.
