The Forex Strategy indicator for Metatrader 4 is a high profit trading indicator that’s based on a famous Forex strategy used by professionals.
Its winning rate exceeds 75% under most market conditions.
It keeps you out of range-bound currency markets.
The indicator appears in the form of buy and sell trading arrows on the activity chart.
In order to simplify trading, the Forex Strategy indicator gives you the exact entry price and stop loss in an easy to read mini dashboard.
In addition to the signals, the mini dashboard displays the currency spread and the 2.0% risk per SL in lots.
Some traders claim that they make over 500 pips per month with this strategy based trading indicator.
So, it’s worth trying it out.
Just load the Professional Forex Strategy indicator onto the Metatrader 4 chart and start trading with it in minutes.
Key Takeaways
- A blue arrow represents a sell signal.
- A red arrow represents a buy signal.
- Displays the exact entry and stop loss.
- Good profit.
- Works for any trade style.
Feel free to explore the Professional Forex Strategy indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “forex-strategy-indicator.ex4” Metatrader 4 indicator
Indicator Chart ( GBP/JPY 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 Professional Forex Strategy MT4 Indicator
Buy Signal: Open long positions when the blue arrow gets printed on the chart.
Set your original stop loss 5 pips below the orange dotted line, or use your own favorite stop loss strategy.
Exit the buy trade for a fixed profit target or wait until you get an opposite red arrow signal.
Sell Signal: Open short positions when the red arrow gets printed on the chart.
Set your original stop loss 5 pips above the orange dotted line, or use your own favorite stop loss strategy.
Exit the sell trade for a fixed profit target or wait until you get an opposite blue arrow signal.
Download This Forex Indicator Now
Download the “forex-strategy-indicator.ex4” MT4 indicator
Adjustable Parameters
MA fast bars, MA fast type, MA fast price, MA slow bars, MA slow type, MA slow price, OFF set, alerts, Colors, width, style.
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: strategy
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.