Buy/Sell Forex Trend Winner Indicator For MT4
The buy/sell Forex trend winner indicator wins most of its trades. It follows the most profitable trend and never repaints any of its signals.
The indicator is very popular among currency traders around the globe.
It delivers numerous buy and sell trade entries throughout the day and works for any trade style: scalping, day trading and swing trading.
For scalping and day trading, deploy on the M1, M5 and M15 charts.
For swing trading, deploy on the H1, H4 and daily charts.
Trading with this trend indicator is super easy…
Just follow its colored blue and red signal lines:
- A blue colored signal line stands for a buy trade.
- A red colored signal line stands for a sell trade.
Feel free to experiment with the indicator’s parameters to modify its buy/sell trading signals.
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Buy/Sell Forex Trend Winner Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
You can apply the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With The Buy/Sell Forex Trend Winner MT4 Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Open a new buy trade when the Winner MT4 trend indicator starts drawing a blue signal line on the chart. This is your buy entry point.
Place a protective stop loss below the low of the blue signal line, or use your own stop loss placement strategy.
Close the buy trade when an opposite sell signal appears on the chart.
Alternatively, exit the buy trade for a fixed take profit target, for example, 20 pips on the 1-minute scalping trading chart.
Sell Trigger: Open a new sell trade when the Winner MT4 trend indicator starts drawing a red signal line on the chart. This is your sell entry point.
Place a protective stop loss above the high of the red signal line, or use your own stop loss placement strategy.
Close the sell trade when an opposite buy signal appears on the chart.
Alternatively, exit the sell trade for a fixed take profit target, for example, 80 pips on the 4-hour swing trading chart.
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Back period, ATR period, factor, typical price, colors, width, style.
The indicator can be used as a stand-alone signals indicator.
It can also be combined with:
- Trading oscillators (MACD, Stochastic, RSI,…)
- Trend indicators (Moving Average, Bollinger Bands, ADMI, Parabolic SAR,…)
- Price action methods and techniques
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 signal
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.