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Buy & Sell Pips Metatrader 4 Forex Indicator

    The Buy & Sell Pips Forex indicator for MT4 provides you with easy to follow trading signals.

    A green line indicates that the overall trend is going up.

    A red line indicates that the trend is going down.

    Trading Signals

    Buy: enter a long trade at the up arrow (start of the green trend).

    Sell: enter a sell trade at the down arrow (start of the red trend).

    For buy signals: place a stop-loss at the previous swing low price.

    For sell signals: place a stop-loss at the previous swing high price.

    Take profit ideas (1): Take profits when you get an opposite signal. (for example from buy to sell or sell to buy).
    Take profit ideas (2): Employ risk-to-reward ratios of at least 1:2 (risk 20 pips to make 40 pips).
    Take profit ideas (3): Close the trade at previous resistance levels for buy signals, or at previous support levels for sell signals.

    Indicator Preferences

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


    Download the buysellpips.mq4 indicator.

    Configurable Indicator Options

    EmailAlert, SoundAlert, colors

    EUR/USD Weekly Chart Example


    How to install the Buy & Sell Pips custom indicator in Metatrader 4?

    • Download the buysellpips.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.