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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

Download the fibopivotcandlebar.mq4 indicator.

Configurable Indicator Options

Colors,…

EUR/USD Daily Chart Example

fibopivotcandlebar-mt4-indicator

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.