As the name suggests, the Buy/Sell Forex Trend Signal indicator for Metatrader 4 provides buy & sell signals based on candlestick chart analysis.
The indicator analyses the candlesticks and identifies buy & sell trade opportunities in real-time.
The indicator is beginner friendly and works for scalping, day trading and swing trading alike.
Buy & sell signal:
- A blue arrow represents a buy signal.
- A read arrow represents a sell signal.
- Close and reverse the trade when an opposite arrow appears on the chart.
From our testings, the indicator does not repaint and works for any currency pair and time frame without slowing down the trading platform.
It can be used as a standalone technical tool or it can be combined with other technical indicators and trading strategies.
Try first on a demo account until you fully understand how this indicator works!
Indicator Chart Example
The picture above shows the indicator attached to the Euro / U.S. Dollar chart.
How to install the Buy/Sell Forex Trend Signal indicator to your Metatrader 4 platform?
- Download the I2G – Free Forum Repro Neuro Trade.ex4 indicator file here and save it to your computer
- Open your Metatrader 4 platform
- Click on “File” (top menu) and then select “Open Data Folder” from the drop down menu
- Click on “MQL4” and open the “Indicators” folder
- Paste the indicator file in this folder
- Restart Metatrader 4 and you’re ready to start using the indicator
How to edit the indicator?
- Attach the indicator to any trading chart of your preference
- Right click in the chart and select “Indicators List” from the drop down menu
- Select the indicator from the list and click on “Edit”
- Now you can start editing the indicator (Inputs, Colors and Visualization)
- Final step, click on the “OK” button to save the new configuration