High Profit Forex Arrows Indicator For MT4
This amazing Forex indicator for Metatrader 4 finds the best high probability buy and sell trends for any pair and time frame.
The accuracy exceeds 85%. It’s a high profit Forex indicator that works for scalping, day trading and swing trading.
Just follow the buy and sell signal arrows that appear on the activity chart.
The trade logic behind this Forex trend indicator is very easy to understand:
- A blue arrow represents a buy signal.
- A red arrow represents a sell signal.
You can create your own personal buy/sell signals by editing the indicator’s inputs values.
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High Profit Forex Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
You can apply the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With High Profit Forex Technical Analysis Chart Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Wait for the MT4 indicator to paint a blue arrow on the chart. This is the buy entry signal.
Place initial stop loss 3 pips underneath the previous swing low price, or use your own stop loss placement method.
Close the buy trade when the indicator draws a red arrow on the chart. The trend reversed now to sell mode.
Alternatively, exit the buy trade for a fixed take profit target, for example, 25 pips on the 5-minute trading chart.
Sell Trigger: Wait for the MT4 indicator to paint a red arrow on the chart. This is the sell entry signal.
Place initial stop loss 3 pips above the previous swing high price, or use your own stop loss placement method.
Close the sell trade when the indicator draws a blue arrow on the chart. The trend reversed now to buy mode.
Alternatively, exit the sell trade for a fixed take profit target, for example, 40 pips on the 15-minute trading chart.
Tip: Aim for a larger profit outlook on the higher time frames (H1, H4, D1)!
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SR, SRZZ, main RZZ, FP, Draw ZZ, colors, width, style.
The indicator can be used as a stand-alone signals indicator.
It can also be combined with:
- Trading oscillators (MACD, Stochastic, RSI,…)
- Trend indicators (Moving Average, Bollinger Bands, ADMI,…)
- Price action methods and techniques
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
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.