The Dynamic Cycle Forex Signal Explorer for MT4 is an indicator that works on market dynamics and produces signals accordingly.
The indicator works with both trend bias (above & below the horizontal neutral level) and oversold/overbought market levels.
All combined together, the indicator will give you market signals in the form of easy to trade buy/sell arrows.
Try out this indicator, it works well for any pair and time frame.
Just load the Dynamic Cycle Forex Signal Explorer indicator onto the Metatrader 4 chart and start trading with it in minutes.
Key Takeaways
- A green arrow that appears somewhat under the candlestick represents a buy signal.
- A red arrow that appears somewhat above the candlestick represents a sell signal.
- 100% No repaint arrow signals.
- Delivers profitable signals for any pair and chart.
Feel free to explore the Dynamic Cycle Forex Signal Explorer indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “dynamic-cycle-explorer-indicator.ex4” Metatrader 4 indicator
Indicator Example Chart (GBP/AUD 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 Dynamic Cycle Forex Signal Explorer MT4 Forex Indicator
Buy Signal: Execute a buy trade whenever the green Dynamic Cycle indicator arrow appears on the chart.
Set your original stop loss slightly below short-term support, or use your own favorite stop loss method.
Close the buy trade when an opposite Dynamic Cycle arrow appears on the chart, or use your own favorite take profit method.
Alternatively, close the buy trade for a pre-determined profit target of your choice. For instance, +20 pips on the M5 chart.
Sell Signal: Execute a sell trade whenever the red Dynamic Cycle indicator arrow appears on the chart.
Set your original stop loss slightly above short-term resistance, or use your own favorite stop loss method.
Close the sell trade when an opposite Dynamic Cycle arrow appears on the chart, or use your own favorite take profit method.
Alternatively, close the sell trade for a pre-determined profit target of your choice. For instance, +40 pips on the M30 chart.
Download This Forex Indicator Now
Download the “dynamic-cycle-explorer-indicator.ex4” MT4 indicator
Adjustable Parameters
Super trend price, typical price, level overbought, level oversold, 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.
