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Daily Trend Prediction Forex MT4 Indicator

    This Forex trading indicator for MT4 predicts the trend for the current day.

    Blue arrows suggest that the trend will be bullish (price will end up higher for the day).

    On the contrary, red arrows suggest that the trend will be bearish (price will end up lower for the day).

    Trading Signals

    Buy: Blue arrow drawn on the daily chart.

    Sell: Red arrow drawn on the daily chart.

    Tip: Look at the weekly chart to identify the overall trend. Then trade in the direction of the weekly chart trend.

    Indicator Preferences

    Currency pairs: any

    Preferred Time frames: daily chart

    Sessions: any

    Download

    Download the dailytrendprediction.mq4 indicator.

    Configurable Indicator Options

    Colors, profit target, show target, show reversal

    AUD/USD Daily Chart Example

    daily-trend-forex-prediction-indicator

    How to install the Daily Trend Prediction custom indicator in Metatrader 4?

    • Download the dailytrendprediction.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.