About the Yang Trader Indicator
The Yang Trader indicator for MetaTrader 4 is a price-smoothing trend tool designed to highlight potential reversals and continuation points at key market levels.
Its main purpose is to reduce market noise and help traders focus on meaningful price movement.
The indicator appears as a single teal-colored line plotted directly on the price chart.
This line reacts to smoothed price action and helps define whether the market is trading in bullish or bearish territory.
When price holds above the line, bullish conditions dominate. When price remains below it, bearish pressure is in control.
Yang Trader uses a default 34-period setting, which can be adjusted to suit different trading styles.
Increasing the period reduces sensitivity and smooths the line further, while lowering it creates faster reactions to price changes.
With higher settings, the line can also behave as a dynamic support or resistance level.
Free Download
Download the “yang-trader-indicator.ex4” MT4 indicator
Key Features
- Smoothed price line to reduce market noise.
- The teal line is displayed directly on the price chart.
- Helps identify reversals at extreme price levels.
- Works as a trend direction filter.
- Adjustable period for sensitivity control.
- Can act as dynamic support or resistance.
Indicator Chart
This chart example shows the Yang Trader indicator plotted on a live price chart.
The teal line separates bullish and bearish price behavior, making it easier to spot trend shifts, pullbacks, and potential exit points.
Guide to Trade with the Yang Trader Indicator
Buy Rules
- Wait for the price to open above the teal Yang Trader line.
- Confirm that the candle also closes above the line.
- Enter a buy trade after the candle close.
Sell Rules
- Wait for the price to open below the teal Yang Trader line.
- Confirm that the candle also closes below the line.
- Enter a sell trade after the candle close.
Stop Loss
- For buy trades, place the stop loss a few pips below the Yang Trader teal line.
- For sell trades, place the stop loss a few pips above the Yang Trader teal line.
Take Profit
- Target recent support or resistance zones.
- Trail part of the position while price remains on the correct side of the line.
- Exit fully when the price closes on the opposite side of the teal line.
MT4 Yang Trader + Entry-Take Profit Winner Forex Scalping Strategy
This strategy uses the Yang Trader MT4 Indicator together with the Entry Take-Profit Winner MT4 Indicator.
The Yang Trader helps you define the short-term trend by showing whether price candles are above or below its moving average line.
When the candles are above the MA, the market is in a bullish state; when they are below, the trend is bearish.
The Entry-Take Profit Winner indicator gives precise entry arrows: blue for buy, red for sell.
By combining trend direction and precise signals, you can scalp on M1, M5, or M15 charts more reliably, avoiding counter-trend trades and catching quick, efficient moves.
This scalping method is ideal for day traders who want high-frequency trades and are comfortable with fast decision-making.
It works best during active market sessions, such as London or New York opens, when volatility is enough to move price cleanly but not so wild as to trigger too many false signals.
Buy Entry Rules
- The current candle must be above the Yang Trader moving average line, signaling a bullish trend.
- The Entry-Take Profit Winner indicator must print a blue arrow on the same timeframe (M1, M5, or M15).
- Enter a long position at the close of the candle that shows the blue arrow.
- Set a stop loss just below the recent swing low (on the same timeframe).
- Set take profit at 1 to 1.5 times the stop loss distance, or use a small trailing stop for intraday scalp.
Sell Entry Rules
- The current candle must be below the Yang Trader moving average line, signaling a bearish trend.
- The Entry-Take Profit Winner indicator must print a red arrow on your selected timeframe.
- Enter a short position at the close of the candle with the red arrow.
- Place the stop loss just above the recent swing high.
- Set take profit at 1 to 1.5 times risk, or trail the stop as price moves in your favor.
Advantages
- Easy-to-read trend direction thanks to Yang Trader’s MA line.
- Precise entry points via the blue/red arrow signals.
- Scalable across multiple short timeframes (M1, M5, M15).
- Helps avoid trading against the short-term trend.
Drawbacks
- Scalp signals may be too frequent during very choppy or ranging markets.
- Stop loss levels are tight, meaning false breakouts can trigger losses.
- Requires quick decision-making and good broker execution.
- Trailing stops might get hit quickly in volatile short-term moves.
Example Case Study 1
On the EUR/USD M5 chart, the price stayed above the Yang Trader MA line, showing a sustained bullish trend.
Then the Entry-Take Profit Winner indicator delivered a blue arrow.
At the close of that candle, you opened a long trade.
You placed your stop loss 8 pips below a recent swing low on the M5 chart, and you set a take profit at 12 pips (risk-reward 1:1.5).
The trade executed cleanly, the price ticked upward in small but consistent candles, and you reached your take profit within a few minutes.
Example Case Study 2
On GBP/JPY M1, the price dipped below the Yang Trader MA, indicating a bearish trend.
Shortly afterward, the Entry-Take Profit Winner gave a red arrow.
You opened a short trade at the close of that 1-minute candle, with a stop loss placed 5 pips above the recent swing high.
You chose to take a profit of 7 pips below (a 1:1.4 risk-reward).
Because of the fast pace, the price moved downward quickly, you locked in profit, and exited before a small pullback reversed the direction.
Strategy Tips
- Stick to your chosen timeframe once you decide (don’t mix M1 and M15 in the same session too often).
- If the Yang Trader MA flattens or starts turning, skip trades until trend clarity returns.
- During very volatile news periods, reduce lot size or avoid scalping; the arrows may mislead.
- Practice proper money management: scalp size should be small relative to your account to absorb tight stop-outs.
- Track your win/loss ratio over time to adjust your risk-reward targets and refine your entry discipline.
Download Now
Download the “yang-trader-indicator.ex4” Metatrader 4 indicator
FAQ
What does the Yang Trader line represent?
The line represents smoothed price action and helps define bullish and bearish market conditions.
Can the indicator be used for reversals?
Yes. Reversals often occur when price reacts strongly around the teal line, especially at extreme levels.
How does changing the period affect the indicator?
Higher values smooth the line and reduce signals, while lower values increase responsiveness.
Should Yang Trader be combined with other tools?
Yes. Combining it with momentum indicators or price action analysis can improve trade confirmation.
Summary
The Yang Trader MT4 indicator provides traders with a clean and disciplined way to follow trends and manage trade exits.
Its smoothed price line helps filter out noise and maintain focus on meaningful market movement.
With adjustable sensitivity and the ability to act as dynamic support or resistance, the indicator adapts well to different trading styles.
Used with proper confirmation and risk management, Yang Trader can be a reliable component of a structured trading approach.
