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Buy and Sell Advice Forex Indicator

    The Buy and Sell Advice Forex indicator for MT4 is a mix of several other popular trading indicators.

    The MT4 code includes MACD, Fibonacci, Pivot Points and RVI.

    It gives buy and sell advice to currency traders.

    There are 3 possibilities: wait, buy and sell.

    Trading Signals

    Buy: Direction of the arrow is up and the indicator shows BUY.

    Sell: Direction of the arrow is down and the indicator shows SELL.

    No trade: Direction of the arrow could be either up or down and the indicator shows WAIT.

    Indicator Preferences

    Currency pairs: any

    Preferred Time frames: any

    Sessions: London and US for timeframe’s up to the 15 min charts. Any session for timeframe’s starting at 30 min charts and above.


    Download the fibopivotcandlebar.mq4 indicator.

    Configurable Indicator Options


    EUR/USD Daily Chart Example


    How to install the Buy and Sell Advice custom indicator in Metatrader 4?

    • Download the fibopivotcandlebar.mq4 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.