The Buy/Sell Accelerator Signals Metatrader 4 Forex indicator is a trend following indicator that provides high probability buy signals for uptrends and sell signals for downtrends.
The indicator utilizes the close price of the previous candle to deliver its signals at the open of the next candle.
The real purpose of this Forex indicator is to suggest whether you should go long or short on your trading decisions.
- Generally speaking, the indicator tends to display a lime-green upward pointing arrow that appears below the price bars (denoting bullish trend) and a red downward pointing arrow that gets displayed above the price bars (denoting a bearish trend).
- The indicator provides email and sound alerts, a feature that is built-in to enrich your trading experience.
Feel free to explore the Buy/Sell Accelerator Signals Forex indicator’s different parameters and settings to create your own personalized indicator setup.
Buy Sell Accelerator Signals Forex Indicator Chart (EUR/AUD M30 Chart Example)
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
Finding Buy and Sell Triggers With The Buy Sell Accelerator Signals MT4 Indicator
Buy Signal: Go long when the lime-green upward pointing arrow of the Buy/Sell Accelerator Signals indicator pops up below the candlesticks and the light sea green line of the DeMarker MT4 indicator crosses and stays above the zero-horizontal level.
Sell Signal: Go short when the red downward pointing arrow of the Buy/Sell Accelerator Signals indicator pops up above the candlesticks and the light sea green line of the DeMarker MT4 indicator crosses and stays below the zero-horizontal level.
Exit buy trade: Close all buy orders if while a bullish trend is running, the Buy/Sell Accelerator Signals indicator prints a red downward pointing arrow or the light-sea-green line of the DeMarker indicator falls below the 0.00 level.
Exit sell trade: Close all sell orders if while a bearish trend is ongoing, the Buy/Sell Signals Accelerator indicator prints a lime-green upward pointing arrow or the light-sea-green line of the DeMarker indicator surges above the 0.00 level.
Tips: The Buy/Sell Accelerator Signals MT4 indicator can serve as a standalone technical indicator.
In order to enjoy increased yield on profits, use it together with other technical indicators, for instance the DeMarker indicator would fit (see the example chart above).
Download This Forex Indicator Now
Mode, start bar, confirm, flat, sound alert, email alert.
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: Trend
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.