This Forex indicator for MT4 provides buy and sell signals for 10 currency pairs, Gold and Silver.
It’s based on the crossover of 3 moving averages with default period (14, 28, 42).
The indicator provides signals on the 1 minute, 5 minute, 15 minute, 30 minute, 1 hour, 4 hour and daily chart.
It can be used for scalping, day trading and swing trading.
Trading Signals
Buy:
Green arrow = buy. Look for strong up trends ==> wait for at least 5 green arrows.
Sell:
Red arrow = sell. Look for strong down trends ==> wait for at least 5 red arrows.
Indicator Preferences
Currency pairs: Works on EUR/USD, GBP/USD, USD/CHF, USD/JPY, USD/CAD, AUD/USD, EUR/GBP, EUR/AUD, EUR/CHF, EUR/JPY, Gold and Silver
Time frames: 1 min up to the daily
Sessions: Any
Download
Download the fxsignalsindicator.ex4 indicator.
Note: Please give it 15-30 seconds to load onto the chart (only first time).
Be sure to change the text color (indicator inputs tab) when using a black background.
Configurable Indicator Options
Text color, signal color (default green & red), MA periods, symbols
EUR/USD M1 Chart Example
How to install the 10 Currency Pairs Forex Signals custom indicator in Metatrader 4?
- Download the fxsignalsindicator.ex4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.