The DKX Crossover Forex Signal System MT4 Indicator provides trend following signals with the help of a secretly coded trading strategy that works.
It looks similar to a typical Moving Averages crossover system but its signals are more accurate and less lagging, thus more profitable.
The colored DKX buy and sell arrows make it easy for anyone to follow the signals.
Utilize this Forex crossover signals indicator on any currency pair and time frame.
It works for any trade style of your preference.
For scalping, best results were achieved during the London and US trading sessions on the major currency pairs.
Please note that the indicator keeps giving new buy/sell signals in existing trends, good for scalping some more pips!
Key Takeaways
- A blue colored buy arrow represents a buy trade signal.
- A magenta colored buy arrow represents a sell trade signal.
- Excellent trading signals indicator for newbies.
- Works for scalping, day trading and swing trading.
Feel free to explore the DKX Crossover Forex Signal System indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “dkx-arrows-alerts-indicator.ex4” Metatrader 4 indicator
Indicator Example Chart (EUR/USD 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 DKX Crossover Forex Signal System MT4 Indicator
Buy Signal: Initiate a buy order whenever the DKX Crossover Forex Signal System MT4 Indicator prints a blue arrow on the chart.
Place a stop loss below support or nearest consolidation level, or use your own favorite SL method.
Exit the buy trade whenever a magenta arrow appears on the chart (close buy and reverse to sell), or use your own favorite take profit method.
Sell Signal: Initiate a sell order whenever the DKX Crossover Forex Signal System MT4 Indicator prints a magenta arrow on the chart.
Place a stop loss above resistance or nearest consolidation level, or use your own favorite SL method.
Exit the sell trade whenever a blue arrow appears on the chart (close sell and reverse to buy), or use your own favorite take profit method.
Download This Forex Indicator Now
Download the “dkx-arrows-alerts-indicator.ex4” MT4 indicator
Adjustable Parameters
Signal period, alerts, alert sound, arrow, arrow size, signal bar, 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: signal system
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.