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Inverse Forex Signal Indicator For MT4

    The Inverse Forex signal indicator for MT4 identifies short-term trade opportunities and works pretty well for scalpers and day traders.

    The indicator appears in a bottom chart as a red signal line together with green and red signal arrows plotted onto it.

    The green and red arrows provide the actual buy and sell trade entries.

    Buy & sell signal:

    • A green arrow is a buy signal.
    • A red arrow is a sell signal.
    • Reverse the open trade when an opposite trading signal occurs on the chart.

    From our testings, the indicator does not repaint and works for any currency pair and time frame without slowing down the trading platform.

    It can be used as a standalone technical tool or it can be combined with other technical indicators and trading strategies.

    Try first on a demo account until you fully understand how this indicator works!

    Free Download

    Download the ind-inverse-indicator.mq4 indicator file (MT4)

    Indicator Chart Example

    The picture above shows the indicator attached to the U.S. Dollar / Japanese Yen chart.

    How to install the Inverse Forex signal indicator to your Metatrader 4 platform?

    • Download the ind-inverse-indicator.mq4 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