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Kairi Forex Scalper Indicator For MT4

    The Kairi indicator for Metatrader 4 can be classified as a buy & sell technical oscillator that works well for scalpers.

    The indicator oscillates above and below the zero point and it provides short-term trend direction.

    Utilize the Kairi indicator during the most volatile trading sessions.

    Buy & sell signal:

    • Open a buy trade as soon as the Kairi indicator crosses back above the zero level (bullish).
    • Open a sell trade as soon as the Kairi indicator crosses back below the zero level (bearish).
    • Exit the open buy/sell trade for a fixed profit target. For instance 6 -15 pips profit target on the 5- minute 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 kairi-indicator.mq4 indicator file (MT4)

    Indicator Chart Example

    The picture above shows the indicator attached to the Euro / U.S. Dollar technical chart.

    How to install the Kairi Forex indicator to your Metatrader 4 platform?

    • Download the kairi-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