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Buy And Sell Correlation Forex Indicator

    A buy and sell correlation signals Forex indicator based on the cross-over of two lines.

    Feel free to experiment with the slow and fast period to optimize the results for you.

    Trading Signals

    Buy: Blue arrow (red line crosses the green line from below)

    Sell: Yellow arrow (red line crosses the green line from above)


    Uptrend: trade the blue arrows, ignore the yellow arrows.
    Downtrend: trade the yellow arrows, ignore the blue arrows.
    Range: use in conjunction with support and resistance.

    Indicator Preferences

    Currency pairs: any
    Preferred Time frames: any
    Sessions: any


    Download the Correlation-mt4.mq4 indicator.

    Configurable Indicator Options

    PCPeriod_fast, PCPeriod_slow, SmPeriod_fast, SmPeriod_slow, colors

    EUR/USD 1 Hour Chart Example


    How to install the Buy And Sell Correlation custom indicator in Metatrader 4?

    • Download the Correlation-mt4.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.