The Ultimate Trend Signals Forex indicator for Metatrader 4 provides buy/sell trading signals in a beautiful dashboard that appears in the left part of the chart.
The indicator analyzes the currency pair and suggests signals for the M1, M5, M15, M30, and H1 time frames.
It displays whether the trend is up or down, trend strength, and bullish or bearish.
Finally, the indicator provides the entry signal.
Buy & Sell Trade Example
- Open a buy trade when both trend signals are colored green.
- Open a sell trade when both trend signals are colored red.
Feel free to experiment with the indicator’s default input values.
The Ultimate Trend Signals indicator can be used as a standalone signal indicator or together with an existing trading system of your preference.
Free Download
Download the “ultimate trading signals.ex4” indicator for MT4
Indicator Chart (GBP/USD M5)
The example chart below displays the Ultimate Trend Signals mt4 indicator in action on the trading chart.
Trading Tips:
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: Forex signals
Ultimate Trend Signals + Gann Trend Oscillator Forex Day Trading Strategy for MT4
This day trading strategy combines the Ultimate Trend Signals Forex Indicator for MT4 with the Gann Trend Oscillator MTF Indicator for MT4 to identify high-probability intraday trades with
clear visual confirmation.
The combination helps traders capture the strongest part of daily price moves by synchronizing dashboard trend strength with momentum oscillation.
It’s a clean and practical system that works best on 15-minute and 1-hour charts for pairs like EUR/USD, GBP/JPY, and AUD/CHF.
The Ultimate Trend Signals indicator acts as a multi-symbol dashboard showing the current market direction.
When both trend signals in the dashboard turn green, a bullish condition is confirmed. When both are red, the market is bearish.
The Gann Trend Oscillator MTF provides a momentum filter — blue bars represent bullish pressure, while violet bars indicate bearish sentiment.
When both tools agree, day traders can confidently enter with the trend.
Buy Entry Rules
- Wait until both trend signals on the Ultimate Trend Signals dashboard turn green.
- Confirm that the Gann Trend Oscillator shows blue bars on your chosen time frame.
- Enter a buy position on the next candle after both confirmations align.
- Place a stop loss below the previous swing low or 25–30 pips below entry, depending on volatility.
- Take profit when the dashboard turns neutral or the Gann bars shift to violet.
Sell Entry Rules
- Wait until both trend signals on the Ultimate Trend Signals dashboard turn red.
- Confirm that the Gann Trend Oscillator shows violet bars on the chart.
- Open a sell position on the next candle after both indicators align.
- Set your stop loss above the previous swing high or 25–30 pips above the entry.
- Take profit when the dashboard returns to neutral or when Gann bars turn blue.
Advantages
- Combines directional and momentum confirmation for stronger accuracy.
- Visual dashboard simplifies analysis of multiple pairs at once.
- Works well across major and cross pairs with moderate volatility.
- Provides intraday setups that last several hours with low stress.
Drawbacks
- Not suitable for scalpers who need rapid-fire entries or exits.
- May perform poorly in tight-ranging markets with no clear direction.
Case Study 1: AUD/CHF 1-Hour Chart
On the AUD/CHF pair, both trend signals on the Ultimate Trend Signals dashboard turned green early Monday morning.
The Gann Trend Oscillator also switched to blue bars at the same time, confirming bullish momentum near 0.5925.
A buy order was executed, and the pair climbed to 0.5980 before reversing, yielding around 55 pips in profit during the London session.
The trade was closed once the Gann bars started to fade toward neutral.
Case Study 2: GBP/JPY 30-Minute Chart
During mid-week trading, GBP/JPY showed both red trend signals on the Ultimate Trend dashboard, while the Gann Trend Oscillator confirmed bearish momentum with violet bars.
A sell position was taken near 196.80, and the pair declined to 195.20 before the Tokyo session closed, producing a 160-pip move.
The trade was exited when the dashboard signaled mixed conditions, preserving the majority of the intraday profit.
Strategy Tips
- Focus on trading during the London and early New York sessions when volatility is higher.
- Avoid trading when the dashboard colors constantly switch between green and red, as this indicates market indecision.
- Use a higher time frame confirmation (H1 or H4) before taking signals on smaller charts.
- Consider partial profit-taking when the price moves 30–40 pips in your favor.
- Refrain from trading around high-impact news events that can distort dashboard readings.
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Download the “ultimate trading signals.ex4” indicator for Metatrader 4
