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Forex Reversal Indicator With Signals For MT4

    The Forex Reversal Indicator With Signals for Metatrader 4 delivers laser-sharp buy & sell trend reversal signals for any currency pair.

    The indicator appears as red and blue colored arrows together with rectangles in the main chart window.

    • A blue colored arrow is a buy signal.
    • A red colored arrows is a sell signal.

    The indicator can be used as a standalone trading system.

    General Information

    • Identifies trend reversals
    • Works out of the box
    • Beginner friendly indicator
    • Developed for Metatrader 4

    Free Download

    Download the laser-forex-reversal-indicator.ex4 indicator file (MT4)

    Indicator Chart Example

    The picture below shows the Forex Reversal Indicator With Signals indicator attached to the British Pound / U.S. Dollar M30 chart.

    How to use this Forex indicator?

    This Forex indicator can be used in multiple ways, find an example below:

    Buy Signal:

    • A buy signal is given when the blue arrow appears on the chart.
    • Place your stop loss below the most recent swing low.
    • Exit the buy trade for a fixed profit target or wait for a red “sell” arrow.

    Sell Signal:

    • A sell signal is given when the red arrow appears on the chart.
    • Place your stop loss above the most recent swing high.
    • Exit the sell trade for a fixed profit target or wait for a blue “buy” arrow.

    How to install the Forex Reversal Indicator With Signals indicator to the Metatrader 4 platform?

    • Download the laser-forex-reversal-indicator.ex4 indicator file here and save it to your computer
    • Open your Metatrader 4 platform
    • Click on “File” (top menu) and then select “Open Data Folder” from the drop down menu
    • Click on “MQL4” and open the “Indicators” folder
    • Paste the indicator file in this folder
    • Restart Metatrader 4 and you’re ready to start using the indicator

    How to edit the indicator?

    • Attach the indicator to any trading chart of your preference
    • Right click in the chart and select “Indicators List” from the drop down menu
    • Select the indicator from the list and click on “Edit”
    • Now you can start editing the indicator (Inputs, Colors and Visualization)
    • Final step, click on the “OK” button to save the new configuration