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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.