The Double Zero Forex Signals Visualizer for MT4 is designed to trade in the direction of the trend with better accuracy.
It appears on the main activity chart in the form of a green buy and sell signal crossover line.
If the currency price is in an early uptrend, it will cross above the green signal line from below.
If the currency price is in an early downtrend, it will cross below the signal line from above.
It can be traded as a standalone trend indicator or used together with an exponential moving average or simple moving average.
Just load the Double Zero Forex Signals Visualizer indicator onto the Metatrader 4 chart and start trading with it in minutes.
Key Takeaways
- A buy trend occurs whenever price crosses the green signal line upward.
- A sell trend occurs whenever price crosses the green signal line downward.
- Easy to trade with this indicator.
Feel free to explore the Double Zero Forex Signals Visualizer indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “double-zero-visualizer.ex4” Metatrader 4 indicator
Indicator Example Chart (USD/JPY 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 Double Zero Forex Signals Visualizer MT4 Forex Indicator
Buy Signal: Initiate a buy order when the candlestick crosses and closes above the green signal line from below.
Set your stop loss a few pips below support or nearest consolidation, or use your own favorite stop loss method.
Close the buy trade whenever the candlestick crosses back below the green signal line from above, or use your own favorite take profit method.
Alternatively, close the trade for a fixed profit target of your preference, for example, 20 pips on the 5-minute chart.
Sell Signal: Initiate a sell order when the candlestick crosses and closes below the green signal line from above.
Set your stop loss a few pips above resistance or nearest consolidation, or use your own favorite stop loss method.
Close the sell trade whenever the candlestick crosses back above the green signal line from below, or use your own favorite take profit method.
Alternatively, close the trade for a fixed profit target of your preference, for example, 12 pips on the 1-minute chart.
Download This Forex Indicator Now
Download the “double-zero-visualizer.ex4” MT4 indicator
Adjustable Parameters
Rel digit position, 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: trend
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.
