The Trend Profit Signals Forex indicator for MT4 is a complete trading solution that provides accurate buy & sell signals on the main chart.
The indicator can be used as a standalone trading tool for both trade entry and exit.
It can also be used as an additional signal indicator that works together with an existing trading strategy or system of your preference.
Buy & Sell Trade Example
- Open a buy trade when “BUY” appears on the chart.
- Open a sell trade when “SELL” appears on the chart.
The Trend Profit Signals Forex indicator for Metatrader 4 is a popular system that shows you the best market trends in a straightforward way.
Free Download
Download the “Trend profit signals.ex4” indicator for MT4
Indicator Chart (USD/JPY H4)
The example chart below displays the Trend Profit Signals Forex mt4 indicator in action on the trading chart.
After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown above.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method when trading with this powerful system 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.
Day Trading Strategy MT4: Trend Profit Signals + XP Moving Average
This strategy combines the Trend Profit Signals Forex Indicator MT4 with the XP Moving Average Indicator MT4 to identify high-probability intraday trades.
The Trend Profit Signals indicator provides clear entry signals with “BUY” or “SELL” labels directly on the chart, while the XP Moving Average filters trades based on trend direction.
By combining these two tools, traders can confirm entries in line with the prevailing trend and reduce false signals.
The approach provides both precise entry timing and a clear trend filter, making it easier to follow and apply systematically.
Buy Entry Rules
- The XP Moving Average line is green, indicating a bullish trend.
- The Trend Profit Signals indicator shows a “BUY” signal on the chart.
- Open a buy trade immediately when both conditions align.
- Stop loss: a few pips below the recent swing low.
- Take profit: 1.5× the stop loss or exit when the XP MA turns red.
Sell Entry Rules
- The XP Moving Average line is red, indicating a bearish trend.
- The Trend Profit Signals indicator shows a “SELL” signal on the chart.
- Open a sell trade immediately when both conditions align.
- Stop loss: a few pips above the recent swing high.
- Take profit: 1.5× the stop loss or exit when the XP MA turns green.
Advantages
- Clear entry signals with Trend Profit Signals reduce confusion and indecision.
- XP Moving Average confirms trend direction for higher-probability trades.
- Works well on intraday charts with multiple trading opportunities.
- Simple rules make it suitable for traders of all experience levels.
Drawbacks
- Signals can be less effective in choppy or sideways markets.
- Requires active monitoring during the trading session.
- Tight stop losses can be hit by market noise; choose a broker with low spreads.
- Exits based on MA trend change may sometimes occur late in fast-moving markets.
Case Studies
Case Study 1: EUR/USD 15‑Minute Chart
The XP Moving Average line was green, indicating a bullish trend.
The Trend Profit Signals indicator displayed a “BUY” label.
A long trade was opened at 1.1050 with a stop loss at 1.1040 and take profit at 1.1065 (1.5× risk).
Price moved upward and hit the target, confirming the effectiveness of using the trend filter with the signal.
Case Study 2: GBP/USD 30‑Minute Chart
The XP Moving Average line was red, showing a bearish trend.
The Trend Profit Signals indicator showed a “SELL” signal.
A short trade was opened at 1.2850 with a stop loss at 1.2862 and take profit at 1.2832 (1.5× risk).
Price moved down and reached the target.
Strategy Tips
- Only take trades when the XP MA trend and Trend Profit Signals agree.
- Monitor signals closely and exit trades when the XP MA trend changes or price reaches your target.
Download Now
Download the “Trend profit signals.ex4” indicator for Metatrader 4
