The Easy WPR Forex Profit MT4 indicator is a trend following signals indicator that filters out market noise for more consistent results.
The MT4 indicator appears in a separate trading window.
It’s composed of a red trend-following trigger line and a yellow colored signal line.
When the yellow signal lines crosses the red trend-following trigger line, it results in either a buy or sell signal.
Overall, the indicator produces good results.
Just load the Easy WPR Forex Profit indicator onto the Metatrader 4 chart and start trading with it in minutes.
Key Takeaways
- A buy trigger occurs when the yellow signal lines crosses the red trend-following trigger line upwards.
- A sell trigger occurs when the yellow signal lines crosses the red trend-following trigger line downwards.
- Does not repaint any signals.
- Works on currency pairs and other MT4 instruments.
Feel free to explore the Easy WPR Forex Profit indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “extra-wpr-indicator.ex4” Metatrader 4 indicator
Indicator Example Chart (EUR/USD H4 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 Easy WPR Forex Profit MT4 Indicator
Buy Signal: Go long when the yellow WPR Forex signal line crosses the red trend-following trigger line upwards.
Place your stop loss 1 pip below support, or use your own favorite stop loss method.
Close the buy trade whenever a WPR sell signal gets printed on the MT4 chart.
Alternatively, exit the buy trade for a fixed profit target (for example, exit for +25 pips on the M5 chart).
Sell Signal: Go short whenever the yellow WPR Forex signal line crosses the red trend-following trigger line downwards.
Place your stop loss 1 pip above resistance, or use your own favorite stop loss method.
Close the sell trade whenever a WPR buy signal gets printed on the MT4 chart.
Alternatively, exit the sell trade for a fixed profit target (for example, exit for +75 pips on the H4 chart).
Download This Forex Indicator Now
Download the “extra-wpr-indicator.ex4” MT4 indicator
Input Parameters
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.
