Dorsey Inertia Forex Signals Indicator For MT4

The Dorsey Inertia Forex Signals indicator For MT4 is a proven trading oscillator that identifies the best short-term trends for scalpers and day traders.

The MT4 indicator oscillates above and below the 50 neutral level.

I recommend to use the Dorsey Inertia scalping indicator during the London and US trading sessions to yield the best results.

It can be used as a standalone tool or together with other technical indicators or price action methods.

Just load the Dorsey Inertia Forex Signals indicator onto the Metatrader 4 chart and start trading with it in minutes.

Key Takeaways

  • The short-term trend is considered short-term bullish above the 50 Dorsey Inertia level.
  • The short-term trend is considered short-term bearish below the 50 Dorsey Inertia level.
  • Good for scalping and day trading.
  • Very simple to use, even for absolute newbies.

Feel free to explore the Dorsey Inertia Forex Signals indicator’s different parameters and settings to create your own personalized indicator setup.

Download This MT4 Forex Indicator Free

Download the “dorsey-inertia.ex4” Metatrader 4 indicator

Indicator Example Chart (USD/JPY H1 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 Dorsey Inertia Forex Signals MT4 Forex Indicator

Buy Signal: Open a buy trade when the green Dorsey Inertia signal line crosses the 50 level upward.

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

Take your profit for a reward/risk ratio of 1.5 or better, or use your own favorite take profit method.

Alternatively, close the buy trade for 10-25 pips profit.

Sell Signal: Open a sell trade when the green Dorsey Inertia signal line crosses the 50 level downward.

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

Take your profit for a reward/risk ratio of 1.5 or better, or use your own favorite take profit method.

Alternatively, close the sell trade for 10-25 pips profit.

Download This Forex Indicator Now

Download the “dorsey-inertia.ex4” MT4 indicator

Adjustable Parameters

RVI period, Avg period, smoothing 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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