Forex Sunrise Metatrader 4 Indicator

This versatile indicator is called the forex sunrise indicator. The indicator line is based on a moving average and the buy/sell hall on support and resistance calculations. You can use the indicator in 2 different ways: buy or sell pairs based on the indicator dotted blue/red line or buy and sell based on the buy/sell hall.

Trading Signals From This Indicator

Method 1 (most easy):

BUY: Buy as soon as the dotted MA line changes its color from red to blue (bullish)
SELL: Sell as soon as the dotted MA line changes its color from blue to red (bearish)

Method 2 (advanced traders):

BUY: Look to buy near the Buy Hall
SELL: Look to sell near the Sell Hall

Download

Download the forex_sunrise_indicator for Metatrader 4.

Configurable Indicator Options

OnEmail (true/false), OnAlert (true/false)

EUR/USD 4 Hour Chart Example

forex-sunrise-indicator

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