Disparity Index Forex Trend Indicator For MT4

The Disparity Index Forex Trend indicator for Metatrader 4 assists in identifying high probability buy and sell trade opportunities.

Enjoy a 75% win rate with this indicator!

The Disparity Index Forex Trend indicator fluctuates above and below its neutral zero level.

For scalping purposes, it’s advised to use the indicator during the London and US trading session for best results.

For day trading and swing trading, you can trade all sessions (London, US, Tokyo).

Key Takeaways

  • A buy trend occurs when the Disparity Index signal line turns back above the zero level from below.
  • A sell trend occurs when the Disparity Index signal line turns back below the zero level from above.
  • Utilize as a stand-alone signals indicator or combine with other technical indicators.

Feel free to explore the Disparity Index Forex Trend indicator’s different parameters and settings to create your own personalized indicator setup.

Download This MT4 Forex Indicator Free

Download the “disparity-index.ex4” Metatrader 4 indicator

Indicator Example Chart (EUR/USD M15 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 Disparity Index Forex Trend MT4 Indicator

Buy Signal: Open a buy trade when the Disparity Index Trend indicator purple signal line turns back above the zero level from below.

Place stop loss below short-term support, or use your own favorite SL method.

Exit the buy trade when the purple indicator line turns back below the 0.00 level, or use your own favorite take profit method.

Sell Signal: Open a sell trade when the Disparity Index Trend indicator purple signal line turns back below the zero level from above.

Place stop loss above short-term resistance, or use your own favorite SL method.

Exit the sell trade when the purple indicator line turns back above the 0.00 level, or use your own favorite take profit method.

Download This Forex Indicator Now

Download the “disparity-index.ex4” MT4 indicator

Adjustable Parameters

Disp period, colors, width, style.

More Info About This Indicator

Tradable Currency pairs: Any

Trading Platform: MT4

Time frames: M1, M5, M15, M30, H1, H4, D1, W1

Indicator Type: oscillator

Installation

Copy and paste the indicator in the MT4 indicators data folder.

Then restart the MT4 terminal and attach it to any chart.

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