As the name implies, the Extreme Forex Trend Reversal Signal MT4 indicator finds extreme points in the prevailing trend.
When it finds extreme points, the indicator will draws an up or down arrow.
The up arrow will act as support while the down arrow acts as resistance.
Use these points to find good entries and exits with your existing Forex system or strategy.
Just load the Extreme Forex Trend Reversal Signal indicator onto the Metatrader 4 chart and start trading with it in minutes.
Key Takeaways
- Finds extreme points in an existing trend.
- Use together with an existing Forex system, strategy or price action.
Feel free to explore the Extreme Forex Trend Reversal Signal indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “FIP.ex4” Metatrader 4 indicator
Indicator Example Chart (EUR/USD M5 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 Extreme Forex Trend Reversal Signal MT4 Indicator
Utilize with your own Forex system or strategy to built a complete Forex trading solution.
Download This Forex Indicator Now
Download the “FIP.ex4” MT4 indicator
Input Parameters
Depth, deviation, back step, colors, width, style.
More Info About This Indicator
Recommended Currency Pairs: any
Trading Platform: MT4
Time Frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: support/resistance
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.
